| Founded | 2016 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Healthtech |
| Total raised | 450 |
| Collapse type | Mass Layoff Spiral |
| Founder | Ara Ghazarians |
Spring Health
"Precision mental health for employers raised $450M — then the employer benefits freeze hit the same category that made Lyra cut 30%"
Cascading layoffs that accelerated the decline
Key Events Timeline
Spring Health differentiated with precision mental health — using data to match employees to the right level of care.
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