- Spring Health is a leading global mental health company that provides a comprehensive, personalized mental health and wellbeing platform, leveraging artificial intelligence to enhance care delivery and outcomes for employees.
- In July 2024, Spring Health announced a $100 million Series E funding round, valuing the company at $3.3 billion and enabling it to expand global access to mental healthcare, covering over 10 million lives through more than 400 employers.
- Key clients include major brands like Microsoft, Target, J.P. Morgan Chase, and Delta Airlines, with recent partnerships such as the collaboration with Point32Health to enhance their Employee Assistance Program.
- Spring Health's ideal buyers are HR leaders and decision-makers in large organizations seeking to address rising mental health challenges, as evidenced by their recent report highlighting a surge in mental health leaves due to 'silent burnout' among employees.
Clinical and care delivery roles make up the largest share of headcount: the Healthcare team numbers about 480 employees, or nearly one-third of the company. Customer-facing functions are also sizable, with Sales and Support employing 229 people. The Engineering group stands at 182 employees, reflecting the importance of product and platform development, while Business Management and Marketing & Product teams contribute 153 and 138 staff members, respectively. Human Resources (118), Finance & Administration (70), Information Technology (69), Operations (55), and an "Other" category (72) round out the organizational structure, illustrating a balanced mix of clinical, technical, and corporate expertise.
Spring Health’s talent footprint is distributed across at least twenty locations. New York City hosts the largest single concentration at around 345 employees, aligning with the company’s corporate headquarters. The remaining workforce is dispersed: San Francisco (65), Chicago (48), Los Angeles (40), Denver (30), Seattle (36), Austin (23), Dallas (29), and Philadelphia (27) each support regional hubs. A collective "Other" designation accounts for roughly 923 employees, pointing to a significant remote or globally distributed contingent that enables the company to recruit clinical and technical talent wherever it is available.
