New York
Spring Health is a digital health platform to help employers and health plans provide diverse and inclusive care for individuals and families. The platform uses AI to analyse and select personalized care services for employees.
Estimated valuation today
$211M
-89.41% since last round
Calculated based on estimated multiplier and revenue.
Estimated multiplier for Spring Health
2.46x revenue
Calculated based on public comps and hype multiple.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 11.40%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out and there is a little bit of money left for employees. However, the share price is less than the estimated strike price which means they are virtually worthless.
The last round was a year ago.
Date
September 2021
Valuation
$2B
Amount raised
$150M
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
1.75x revenue
Today's multiple
1.64x revenue
Change
-6.23%
Companies
Industry – Healthcare
Last updated 5 mins ago.
| Remove | Name | Ticker | Price multiple |
|---|---|---|---|
| Spring Health | 1.64x | ||
| 1Life Healthcare Inc | ONEM | 4.38x | |
| HCA Holdings Inc | HCA | 1.04x | |
| Tenet Healthcare Corporation | THC | 0.37x | |
| Quest Diagnostics Incorporated | DGX | 1.51x | |
| Humana Inc | HUM | 0.67x |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| Sep 2021 | Series C | $150MM | $45.90 | $1.99B |
| Nov 2020 | Series A-2 | $20.25MM | $2.86 | $85.84MM |
| Jan 2020 | Series A-1 | $1.5MM | $1.43 | $29.96MM |
| Jul 2018 | Series Seed-4 | $6.22MM | $1.14 | $27.29MM |
| Apr 2017 | Series Seed-3 | $419.53K | $0.87 | $8.43MM |
| Apr 2017 | Series Seed-2 | $25K | $0.78 | $8.43MM |
| Apr 2017 | Series Seed-1 | $1.66MM | $0.69 | $8.43MM |
With a revenue of $86M and a Hype Multiple of 1.5x,
Spring Health is estimated to be worth $211M.