Spring Health vs Epic Systems
Side-by-side comparison of AI visibility scores, market position, and capabilities
AI mental health benefits platform. $3.3B valuation. 50M+ lives. Raised $460M+. Acquiring Alma (Jan 2026). Founded 2016, NYC. Potential IPO candidate 2026. Private.
About
Spring Health is a global mental health technology company founded in 2016 by CEO April Koh and President Adam Chekroud, headquartered in New York City. Raised over $460M including a $100M Series E (July 2024) led by Generation Investment Management at $3.3B valuation. April Koh became the youngest woman to lead a multibillion-dollar startup at 29.
Epic holds over 42% of U.S. acute care hospital EHR market share and is embedding AI across 150+ clinical workflows for 2026, while facing antitrust scrutiny.
About
Epic Systems Corporation was founded in 1979 by Judith Faulkner and is headquartered in Verona, Wisconsin, remaining privately held with Faulkner as majority owner. The company develops large-scale electronic health record systems and reports that more than 305 million patients have a record in Epic, covering the majority of U.S. academic medical centers and large health systems including Kaiser Permanente, Mayo Clinic, Johns Hopkins, and Cleveland Clinic. Epic commands approximately 42% of U.S. acute care hospitals and nearly 55% of acute care hospital beds, making it the undisputed market leader in enterprise EHR.
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