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Founded Year

2016

Stage

Series C | Alive

Total Raised

$296.2M

Valuation

$0000 

Last Raised

$150M | 1 yr ago

About Spring Health

Spring Health provides mental health benefits for employers. Spring Health combines a digital platform with a vetted provider network, resulting in 2X higher recovery rates, shorter recovery times, and lower healthcare costs.

Spring Health Headquarters Location

251 Park Avenue S Floor 6

New York, New York, 10010,

United States

800-314-7430

ESPs containing Spring Health

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Healthcare Payers Tech

Companies in this market assist members by providing support to ease the burden of arranging and maintaining members’ care needs. Traditionally done via phone and mail, care coordination (scheduling, reminders, ongoing care monitoring) has advanced for members to deliver a more personalized approach that provides timely and pertinent alerts to better maintain health.

Spring Health named as Leader among 14 other companies, including Babyscripts, Ginger, and Concert Health.

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Spring Health's Products & Differentiation

See Spring Health's products and how their products differentiate from alternatives and competitors

  • Precision Mental Healthcare

    Technology that accurately predicts the right treatment plan (the right care and the right time), including everything from therapy, meditation exercises, digital CBT resources, and coaching. All lead to faster outcomes, higher engagement, and healthier, more resilient individuals. 

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Expert Collections containing Spring Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Spring Health is included in 8 Expert Collections, including HR Tech.

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

M

Mental Health Tech

1,251 items

This collection includes companies applying technology to problems of emotional, psychological, and social well-being. Examples include companies working in areas such as substance abuse, eating disorders, stress reduction, depression, PTSD, and anxiety.

U

Unicorns- Billion Dollar Startups

1,193 items

C

Conference Exhibitors

5,302 items

H

Health Plans & Benefits Management

944 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Digital Health

13,351 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest Spring Health News

09:00 EDT Guardian Life Names Industry Veteran Jonathan Mayhew Head of Group Benefits

Sep 28, 2022

News provided by Share this article Share this article Addition of Mayhew enhances the steps Guardian has taken to advance its strategy, drive growth, and deliver increased value to consumers NEW YORK, Sept. 28, 2022 /PRNewswire/ -- The Guardian Life Insurance Company of America® ( Guardian Life ) today announced Jonathan Mayhew as Head of Group Benefits, reporting to Chief Executive Officer and President Andrew McMahon. Mayhew will lead a team of three thousand dedicated colleagues working to inspire well-being for employees and family members of Guardian customers. Guardian Life Names Industry Veteran Jonathan Mayhew Head of Group Benefits "Jonathan is a proven leader with extensive experience in employer-sponsored health benefits and a strong track record of growth, execution, and innovation. His rich experience and purpose-driven leadership style make him the right leader to drive growth in Guardian's Group Benefits and to support our continued success," said McMahon. Through its Group Benefits business, Guardian is helping employers to attract and retain top talent by offering high quality employee benefits. Guardian's offerings include Dental, Vision, Life, Disability and Absence Management, Mental Wellness through Spring Health, and Supplemental Health products such as Hospital Indemnity Insurance, which provides financial protection against potentially devastating hospital bills. Guardian continues to strengthen foundational capabilities and bring new offerings to market. Most recently the company launched innovative Dental plans that include Diminishing Deductible, which reduces each year the member is on the plan until it's $0 after three years, and Early Smiles, providing 100% network coverage for preventive, basic, and major care for children through age 12. This year Guardian also launched a national partnership with Spring Health, providing access to mental health professionals and a wide range of solutions clinically proven to reduce recovery times and help companies decrease employee turnover and increase productivity.1 Mayhew brings extensive experience in employer-sponsored health benefits and a strong track record of growth, execution, and innovation, including overseeing $52B in revenue and $4.3B in Operating Income as President of US Markets for Aetna. Most recently, Jonathan was CEO of Ontrak and previously served as Chief Transformation Officer at CVS Health. In prior roles, Jonathan led strategy, business development, product marketing and field operations, including sales and account management of dental and disability products. "I'm excited to join Guardian and lead the Group Benefits business at a time when employers are increasingly focused on supporting, engaging, and retaining talent," said Mayhew. "I look forward to working with our colleagues, brokers, professional employer organizations, and medical partners to continue to distinguish Guardian as a partner of choice. "  About Guardian Guardian makes a difference in the lives of people when they need us most. With more than160 years of stability and fiscal integrity, we are a trusted partner to 29 million consumers, helping them prepare and plan for a bright future and recover and thrive in times of unexpected loss. At Guardian, we believe in inspiring well-being and driving value beyond dividends. We invest in our colleagues and are building a progressive and inclusive culture. And we uplift communities through thoughtful social and environmental programs. Guardian is a Fortune 250 mutual company based in NYC and a leading provider of life, disability, dental, and other benefits. Our 9,000 colleagues and 2,500 financial representatives serve with care and expertise, and our commitments rest on a strong financial foundation, which at year-end 2021 included $10.7 billion in capital and $1.9 billion in operating income. For more information, please visit guardianlife.com or follow us on Facebook , LinkedIn , Twitter , and YouTube . Media inquiries, please contact: Disclaimer: Mental wellness benefits discussed herein are provided by Spring Care, Inc., d/b/a Spring Health ("Spring Health"), 251 Park Avenue, South, 6th Floor, New York, NY 10010. Spring Health is not an insurance benefit. Insured products are offered by The Guardian Life Insurance Company, New York, N.Y. ("Guardian") which has a financial interest in Spring Health. Spring Health may not be offered through Guardian in all states. 1 Spring Health proprietary research based on results from use of the Spring Health platform, May 2021 SOURCE Guardian

Spring Health Web Traffic

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Spring Health Rank

  • When was Spring Health founded?

    Spring Health was founded in 2016.

  • Where is Spring Health's headquarters?

    Spring Health's headquarters is located at 251 Park Avenue S, New York.

  • What is Spring Health's latest funding round?

    Spring Health's latest funding round is Series C.

  • How much did Spring Health raise?

    Spring Health raised a total of $296.2M.

  • Who are the investors of Spring Health?

    Investors of Spring Health include William K. Warren Foundation, Rethink Impact, RRE Ventures, Work-Bench, Able Partners and 22 more.

  • Who are Spring Health's competitors?

    Competitors of Spring Health include Alma, Genetika+, Meru Health, Lyra Health, Cerebral, Brightside, Dialogue, Ieso Digital Health, Ginger, Aifred Health and 14 more.

  • What products does Spring Health offer?

    Spring Health's products include Precision Mental Healthcare and 4 more.

  • Who are Spring Health's customers?

    Customers of Spring Health include Pepsi.

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