Company file

Who owns Spring Health?

Employer mental-health benefits platform (EAP model). Its Alma acquisition agreement was announced January 29, 2026 and completed May 1.

Ownership

Venture-backed private company.

Insurer ties

Through the Alma merger (closed May 1, 2026), Alma's shareholders — including Cigna Ventures and Optum Ventures — receive up to 19% of the combined company, per Oregon Health Authority's transaction review. Guardian Life, a life and benefits insurer, invested in the 2021 Series C.

Timeline

• January 2026Announces an agreement to acquire Alma on January 29; closing was announced separately on May 1. verified source
• March 2026Multiple clinicians report per-session rates of $75-85 unchanged since 2021. community-reported source
• May 2026Post-acquisition, Alma therapists report a $133/month membership fee, new chart-audit demands, and directory removals. community-reported source
• May 2026Oregon Health Authority's review of the Alma deal: stock-for-stock exchange giving Alma shareholders, whose investors include Cigna's and Optum's venture arms, up to 19% of the combined company. verified source
• August 2026Therapists report Spring Health offering New York LCSWs a non-negotiable $85 per session. community-reported source
• May 2026Announces completion of the Alma acquisition on May 1. verified source

Items marked verified cite primary or press sources. Items marked community-reported summarize public clinician accounts and are presented as reports, with links; they are claims, and corrections are welcome through the submission form.