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Spring Health was founded in 2016 by April Koh and Adam Chekroud. In 2021, Koh told Forbes that she would like to take the company public via IPO. As of June 2023, the company remains private.
Spring Health is a digital mental health platform that uses AI to match patients with providers. In 2022 the company acquired Weldon, a family-focused wellness platform. Spring Health has raised more than more than $370 million in venture capital funding from investors including Kinnevik, Tiger Global, GingerBread Capital, Operator Partners, Northzone, Rethink Impact, Work-Bench, SemperVirens, Able Partners, and True Capital. The company was valued at $2.5 billion following a $71 million fundraising round in April 2023.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Spring Health is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Spring Health pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Spring Health is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 4/12/2023 | Series D | $70MM raised | $XXX.XX | $XXX.XX |
| 9/16/2021 | Series C | $150MM raised | $XXX.XX | $XXX.XX |
| 11/20/2020 | Series A-2 | $20.25MM raised | $XXX.XX | $XXX.XX |
| 1/27/2020 | Series A-1 | $1.5MM raised | $XXX.XX | $XXX.XX |
| 7/12/2018 | Series Seed-4 | $6.22MM raised | $XXX.XX | $XXX.XX |
| 4/10/2017 | Series Seed-1, Seed-2 and Seed-3 | $2.11MM raised | $XXX.XX | $XXX.XX |
