.
MergerLinks Header Logo

New Deal


Announced

Completed

Kinnevik led a $190m Series C round in Spring Health.

Financials

Edit Data
Transaction Value£137m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Venture Capital

Completed

Acquisition

mental health solutions

Minority

Private Equity

Friendly

United States

Cross Border

Health Care Services

Single Bidder

Synopsis

Edit

Kinnevik led a $190m Series C round in Spring Health, a provider of global mental health solution, with participation from The Guardian Life Insurance Company of America, Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners, and True Capital Ventures. "As a society, we face an unprecedented global mental health crisis that will long outlast the Covid-19 pandemic. Spring Health is supporting the mental health of millions of people around the world, and we're just getting started. As we enter this next phase of growth, we are thrilled to partner with Kinnevik, who has an exceptional track record in digital health and a deep commitment to sustainability, diversity, and positive long-term impact," April Koh, Spring Health CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US