Spring Health was founded in 2016 by a clinical psychologist who saw firsthand how broken the traditional mental health system was. The platform uses machine learning to match employees with the right type of mental health support — whether that’s therapy, coaching, medication management, or self-guided exercises — based on clinical assessments.
The company operates as an employer benefit. Companies like General Mills, Kayak, and Guardian contract with Spring Health to provide their workforce with comprehensive mental health coverage. The platform’s network includes over 10,000 licensed therapists, psychiatrists, and coaches.
Spring Health’s proprietary assessment tool, Precision Mental Healthcare, uses data from millions of clinical interactions to predict which treatment approach will work best for each individual. The company claims this matching system reduces recovery time by an average of 50% compared to traditional care navigation.
The platform offers a full spectrum of support: self-service CBT exercises, one-on-one coaching for everyday stress, licensed therapy for clinical conditions, psychiatric consultations for medication needs, and crisis support. Employees access everything through a single app with same-week appointment availability.
Spring Health has raised over $460 million in venture funding and was valued at $2.5 billion. The company serves over 800 employer clients and their dependents, reaching millions of covered lives.
Employer-sponsored mental health benefits are a rapidly growing category, driven by data showing that untreated mental health conditions cost businesses billions in lost productivity. Spring Health positions itself at the premium end of this market, emphasizing clinical outcomes and measurable ROI for employer clients.
