Mental Wellness Platform Spring Health Secures $6m in Seed Funding

Spring Health, a New York-based digital wellness platform, secured $6m in seed funding.

The round was led by Redthink Impact with participation from by Work-Bench, BBG Ventures, the Partnership Fund for New York City, RRE Ventures and William K. Warren Foundation.

The company intends to use the funds to continue to expand its product and scale to offer wellness benefits nationwide.

Led by April Koh, CEO and co-founder, Spring Health is a digital wellness platform facilitating the mental wellbeing of businesses and employees.
The platform serves as an online mental health clinic, using proprietary clinically-validated artificial intelligence to offer personalized wellness recommendations, including specific treatment options, suggested exercise regimens, and self-help resources. Users register and complete a dynamic questionnaire that adapts according to their responses.
From there, proprietary AI recommends a personalized wellness plan that is most likely to work for the individual, based on data from aggregated clinical trials and thousands of electronic health records.
Patients are then matched with a personal care navigators (trained clinicians) as well as a licensed mental health professional from Spring Health’s provider network through proprietary matching algorithms.
Clients range from global Fortune 500 companies to high-growth startups like DigitalOcean, Zola, and Niantic.

FinSMEs

12/07/2018

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