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Fortune

Emma Hinchliffe

AI-powered mental health startup Spring Health boosts its valuation to $3.3 billion

Spring Spring Health Mental Health Generation

April Koh smiling while sitting onstage (Credit: JP Yim—Getty Images for The Asian American Foundation)

Mental health company Spring Health, cofounded by CEO April Koh and Adam Chekroud, is now valued at $3.3 billion after raising a $100 million Series E round.

The round was led by growth-stage firm Generation Investment Management, with participation from some existing investors including Kinnevik, the William K. Warren Foundation, RRE, and Northzone. Spring Health was last valued at $2.5 billion during a 2023 Series D round.

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