The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Spring Health

Posture

expanding

med confidence · as of 2026-07-28 · about Spring Health

Steady VC step-ups (seed 2018 -> Series E Jul-2024 at $3.3B) plus a major consolidation move: announced (Jan-29-2026) and CLOSED (May-1-2026) acquisition of Alma, a clinician-facing mental-health insurance/billing platform — folding a second large network into Spring Health's employer/payer benefit business within the trailing 12mo. Combined entity billed as 'the first lifelong mental health platform.'

Sourced figures 3


the working

Basis

Steady VC step-ups (seed 2018 -> Series E Jul-2024 at $3.3B) plus a major consolidation move: announced (Jan-29-2026) and CLOSED (May-1-2026) acquisition of Alma, a clinician-facing mental-health insurance/billing platform — folding a second large network into Spring Health's employer/payer benefit business within the trailing 12mo. Combined entity billed as 'the first lifelong mental health platform.'

Threads 1

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Spring Health.