Digital mental health platform Spring Health was valued at $2bn through a series C round backed by strategic investor Guardian Life.

US-based mental health care provider Spring Health raised $190m yesterday in a series C equity and debt round featuring insurance provider Guardian Life, at a $2bn valuation.

Investment firm Kinnevik led the round and was also joined by Tiger Global Management, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K. Warren Foundation, SemperVirens, Able Partners and True Capital Ventures.

Spring has built an online platform that leverages machine learning technology and big data to accurately match the employees of businesses with…