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Spring Health, founded in 2016 and operating as Spring Care, Inc., is a global mental health company whose platform connects members, providers and organizations through a single AI-native system. Its offering spans self-guided digital activities, one-on-one coaching, therapy, medication management, crisis support and specialty care. Members begin with a digital assessment that identifies needs, preferences and goals, after which the platform recommends a personalized care plan and matches them to clinicians filtered by specialty, language, virtual or in-person availability, gender, cultural background and lived experience. An AI assistant called Guide carries member memory and context forward across a care journey.

The company describes its clinical model as "precision mental healthcare" — matching each individual to the care most likely to be effective for them. It reports that 92% of members achieve meaningful clinical improvement and that employers see a 52% reduction in mental health claims costs; its outcomes have been assessed in a peer-reviewed study in JAMA Network Open and by the Validation Institute. For employers, Spring Health provides de-identified reporting on engagement, outcomes and impact.

In January 2026 Spring Health agreed to acquire Alma, a membership-based platform that helps independent mental health clinicians accept insurance and run private practices; the transaction closed on May 1, 2026. The combination pairs Spring Health's technology and specialty care capabilities with Alma's provider infrastructure and national and regional payer relationships, with the stated aim of maintaining continuity of care as individuals change jobs, coverage or life stage. Alma continues as a distinct brand under CEO Harry Ritter, operating within Spring Health.

Founding story

April Koh co-founded Spring Health and serves as CEO; Adam Chekroud co-founded the company and serves as president. The company was founded in 2016.

Business model

Spring Health sells its mental health platform to employers, health plans and channel partners, which make the service available to their members and families; individuals can also enroll through self-pay options. Sessions can cost as little as $0 for covered members, and access is supported by hundreds of insurance plans and thousands of benefit plans. Value propositions to buyers include improved clinical outcomes, measurable engagement reporting and reduction in total cost of care and mental health claims costs.

Revenue derives from employer, health plan and channel partner contracts that fund member access to therapy, coaching, medication management, self-guided tools and specialty care, supplemented by self-pay enrollment options. Alma, acquired in 2026, operates a membership-based model in which independent clinicians pay for access to insurance, billing, scheduling, referral and continuing education tooling.

Traction

More than 170 million lives globally have access to the combined Spring Health and Alma platforms, up from more than 50 million lives supported by Spring Health alone at the time of the January 2026 acquisition announcement; Alma's platform enabled clinicians to care for more than 120 million lives. Spring Health reported a compound annual growth rate exceeding 80% over the three years preceding January 2026, and the combined companies were on pace to deliver nearly 10 million mental health visits in 2026. Reported outcomes include 92% of members achieving meaningful clinical improvement and a 52% reduction in employer mental health claims costs.

Latest developments

On January 29, 2026 Spring Health announced a definitive agreement to acquire Alma, with financial terms undisclosed; J.P. Morgan Securities served as exclusive financial advisor and Cooley as legal advisor to Spring Care, Inc., while MTS Health Partners and Gunderson Dettmer advised Alma. The transaction closed May 1, 2026 following regulatory review, creating a combined organization led by April Koh (co-founder and CEO) and Adam Chekroud (co-founder and president), with Harry Ritter continuing as CEO of Alma within Spring Health. Other recent developments include joining the Alight Partner Network, selection by CalHR for statewide California employee mental health support, and inclusion in TIME's TIME100 Most Influential Companies of 2026.