Spring Health acquires Alma

● STRATEGIC | HEALTHCARE · Behavioral Health & Wellness

JANUARY 30, 2026

Spring Health acquires Alma

TARGET

Alma's membership platform enables independent mental health providers to accept insurance, manage billing and scheduling, and build private practices.

Ownership	VC-backed · Thoma Bravo, Insight Partners, Cigna Ventures, Optum Ventures, First Round Capital +6 more
Capital raised	over $220 million
Headcount	~1,400 FTEs
Headquarters	New York, New York
Leadership	Harry Ritter, Founder & CEO
Sell-side advisor	—

ACQUIRER

Spring Health

AI-native mental health platform delivering personalized therapy, coaching, medication management, and self-guided care to employers and health plans.

Ownership	VC-backed · Generation Investment Management, Kinnevik, Tiger Global Management, Rethink Impact, Northzone +9 more
Capital raised	more than $470 million
Headcount	~3,830 FTEs
Headquarters	New York, New York
Leadership	April Koh, CEO and Co-Founder
Buy-side advisor	—

Share deal Copy details View press release ↗

Spring Health -> Alma  (2026-09-18)
strategic_acquisition | Healthcare | announced
Target: Alma's membership platform enables independent mental health providers to accept insurance, manage billing and scheduling, and build private practices.
Website: helloalma.com | Buyer site: springhealth.com
HQ: New York, New York | Ownership: vc-backed | Buyer ownership: vc-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/spring-health-alma.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN HEALTHCARE

Sheridan Capital Partners invests in PtEverywhere Provider EHR & Practice ManagementSEP 17

PtEverywhere – EMR and practice management software for physical therapy clinics, integrating scheduling, clinical documentation, billing, telehealth, and patient engagement in a single platform ›

Vizient acquires SxanPro Healthcare Supply ChainSEP 17

SxanPro – UDI-enabled mobile scanning software for hospital supply chain inventory visibility, tracking lot numbers, expiration dates and recall status across operating rooms, cath labs and specialty carts ›

Neon leads a round in Ayble HealthVC Watch Patient EngagementSEP 16

$16M Invested · Ayble Health – AI-enabled virtual GI clinic delivering multidisciplinary digestive and autoimmune care to patients through health plans, employers, and health system partnerships ›

MRO (Parthenon) acquires Vyne Medical (TJC) Revenue Cycle & PaymentsSEP 16

Vyne Medical – voice, fax, and image capture and intelligent document processing software that converts unstructured clinical communications into discrete digital data for hospitals and health systems ›

IDEXX Laboratories acquires CoVetAI VeterinarySEP 16

CoVetAI – AI-native ambient listening and clinical workflow software that automates SOAP notes, transcribes consultations, and streamlines client communication for veterinary practices and teams globally ›

Centauri Health Solutions (Abry) acquires Benny Payer & Population HealthSEP 15

Benny – AI-enabled SSDI/SSI disability benefits application software for legal aid groups, social service providers, and disability advocates to prepare and submit applications to the Social Security Administration ›

Browse the full register →

SEARCH CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.