Spring Health hits $2.5B valuation

Digital mental health company Spring Health is now valued at $2.5 billion, after raising $71 million in a recent funding round.

The business-to-business company offers digital mental healthcare to other organizations and individuals, including Microsoft, The Hershey Company, JB Hunt, Bumble and Fujifilm.

The company said in an April 12 news release that it will use the funding to invest back into its services. Spring Health's $2.5 billion valuation is its highest to date.

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