Spring Health

Personalized mental healthcare

B2B
Enterprise
Mental health
Machine Learning
SaaS

See open opportunities

Company mission

To eliminate every barrier to mental health.

Employees

1001+

HQ Location

Flatiron District, New York, NY

OTTA INSIGHTS

Few candidates hear
back within 2 weeks

77% employee growth in 12 months

Otta's take on Spring Health

Theo Margolius headshot

Theo Margolius

COO of Otta

Large companies usually offer employees access to mental health services, but this is much harder for small businesses to provide. Furthermore, existing support is often generalized, resulting in an inability for companies to provide the personalized mental healthcare experience that individuals require.

Spring Health has designed AI-driven tools for employers that offer personalized mental wellness benefit plans to their employees. Recommendations include treatment options, daily routines, and meditation plans, all of which are suggested based on individual employee data.

Spring Health has also recently expanded into the family and pediatric space with its acquisition of Weldon, providing mental wellness guidance to parents through chats with therapists, social workers, and parenting coaches as well as group support with other parents and educational content.

The behavioral health market is expected to rise to $242 billion by 2027 and is growing increasingly competitive. Whilst other solutions primarily focus on fast access to something, like therapy or meditation, Spring Health sets itself apart with its fundamental focus on finding the right type of care for individuals. It has raised nearly $400 million in funding rounds to date, backed by partners such as Northzone and Rethink Impact.

Total funding - $365.1m

Last 2 fundraises

Sep 2021

$190m

SERIES C

Apr 2023

$71m

LATE VC

This company has top investors

Company benefits

  • Work from home opportunities
  • Medical, dental, and vision coverage + access to One Medical
  • 10 free therapy sessions through Spring Health
  • Unlimited time off + 12 paid holidays
  • 16-18 weeks paid parental leave
  • $500 per year Wellness Reimbursement

Company values

  • Members come first
  • Move fast to change lives
  • Take ownership
  • Embrace diverse teams & perspectives
  • Science will win
  • Candor with care

Founders

Adam Chekroud

(President)

Previously President at The Oxford Guild Business Society for 2 years and Researcher at FMRIB Centre - University of Oxford for 1 year.

Previously Chief Product Officer & Co-Founder at Spylight for 1 year. Also worked in the Product Management Department at Shazam for 5 months.


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Spring Health is hiring for 21 jobs on Otta!


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