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Handspring Health has secured US$19m in Series B funding to expand its virtual mental health clinic for children and families.

PRIVATEJul 08, 2026•about 1 month ago

Amount Raised

$19 Million

Round Type

Series B

New YorkHealth Care

Investors

Cigna Ventures

Description

Handspring Health has secured US$19m in Series B funding to expand its virtual mental health clinic for children, young people, and families. The start-up plans to grow its clinician workforce, expand partnerships, and develop services for patients with complex needs. Lead investors include Cigna Ventures. The funding will also be used to invest further in its technology platform.

Company Information

Company

Handspring Health

Location

New York, New York, United States

About

Handspring Health is reimagining mental health care for the next generation – serving children, adolescents, young adults, and their families through structured, measurable, and evidence-based virtual therapy. With a team of licensed clinicians trained in treating anxiety, depression, OCD, ADHD, trauma, and more, Handspring empowers young people and their families to thrive. Care is personalized, timely, and grounded in outcomes – because better mental health starts with better care.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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