31
Jul
Mental health funding has been as hot as the weather the past few weeks. Spring Health became the latest startup in the sector to raise big, locking up a $100 million Series E at a $3.3 billion valuation — a 65% increase from the $2 billion valuation it received in 2021 after a $190 million in Series C. The new round was led by Generation Investment Management, with participation from existing investors including Kinnevik, The William K Warren Foundation, RRE Ventures and Northzone. Founded in 2016, the company has raised nearly $467 million, per Crunchbase. New York-based Spring Health partners…