Gramercy mental health startup raises $190M Series C round, hitting $2B valuation

Mental health care platform Spring Health has raised $190 million in Series C funding, propelling it to a $2 billion valuation, it announced Thursday.

The Gramercy Park–based startup, which provides employers and health plans with data-driven, personalized mental health care plans for their staff, will use the proceeds to accelerate its global expansion and build an integrated mental health solution for families.

CEO April Koh said it will also invest a significant portion of the capital in internal teams that will use data, technology and product management to create experimental mental health care programs for Spring Health’s own employees. Those findings will then help shape the solutions it

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