AIHealthcare

Spring Health is a privately held digital mental-health and behavioral-health company founded in 2016. It describes itself as an AI-native company that uses technology and machine learning to match people with personalized mental-health support across self-guided tools, coaching, therapy, medication management, and specialty care. Its employer and health-plan platform combines care navigation, clinical services, provider networks, employee-assistance programs, and analytics, with the stated goal of improving access and outcomes while helping organizations manage behavioral-health costs. In July 2024, Spring Health announced a $100 million Series E at a reported $3.3 billion valuation and said its employer benefit covered more than 10 million lives through more than 400 employers, in addition to payer and channel-partner relationships. It is generally positioned as a major U.S. employer-focused digital mental-health platform, alongside competitors such as Lyra Health; precise independent market-share figures were not reliably established.