Behavioral health benefits company Spring Health raised $190 million in a Series C round led by Swedish growth investment firm Kinnevik, Behavioral Health Business reports.
Founded in 2016, New York-based Spring Health partners with workplaces to offer employees behavioral health resources like therapy, coaching, mindfulness and medications. Fully vetted therapists and physicians are available through Spring Health’s network.
Spring Health reported that the latest round — which involved equity and debt financing — brought the amount invested to date in the company to $300 million, raising its total valuation to $2 billion. Read more.