Profile
Almas Insight helps independent mental health care providers accept insurance and build thriving private practices.
Almas Insight, founded in 2018 by Dr. Harry Ritter, is a membership-based network designed to simplify access to high-quality, affordable mental health care by supporting independent mental health care providers in building thriving private practices. The company offers a suite of practice management tools, insurance contracting support, and programming for continued education, aiming to help providers offer the highest quality care to a diverse clientele.
Almas Insight has raised significant funding, including a $130 million Series D round led by Thoma Bravo in 2022, bringing its total funding to over $220 million. The company has scaled its network to over 8,000 mental health providers licensed to practice in all 50 U.S. states, with nearly 40% of providers self-identifying as Black, Hispanic/LatinX, or Asian. In January 2026, Almas Insight was acquired by Spring Health, a leading global mental health platform, to expand access to precision mental health care. The acquisition is expected to close in Q2 2026.
Who buys this
- Independent mental health care providers
- Employers offering mental health benefits
- Health plans seeking in-network mental health care providers
- Individuals seeking affordable mental health care
Strengths and what to watch
Strengths
- Scaled network to over 8,000 mental health providers across all 50 U.S. states
- Strong focus on diversity, with nearly 40% of providers self-identifying as Black, Hispanic/LatinX, or Asian
- Significant funding and strategic acquisition by Spring Health to enhance service offerings
Watch for
- Integration challenges post-acquisition by Spring Health
- Potential disruptions in provider network due to leadership transition
- Increased competition in the mental health care provider support space
Recent moves
Key Information
- Founded
- 2018
Frequently Asked Questions
What is Almas Insight?
Almas Insight supports independent mental health providers with practice management tools, insurance contracting, and education. Founded in 2018, it helps providers build thriving private practices, serving over 8,000 professionals across all 50 states. Nearly 40% of providers identify as Black, Hispanic/LatinX, or Asian.
How does Almas Insight help mental health providers with insurance?
Almas Insight simplifies insurance contracting for independent mental health providers, enabling them to accept insurance and expand client access. Their support includes navigating payer networks and streamlining reimbursement processes, helping providers focus on delivering quality care while maintaining sustainable practices.
What makes Almas Insight's provider network unique?
Almas Insight's network stands out for its diversity, with nearly 40% of providers identifying as Black, Hispanic/LatinX, or Asian. This commitment to inclusivity ensures culturally competent care for diverse populations while supporting underrepresented mental health professionals in building successful practices.
Why did Spring Health acquire Almas Insight?
Spring Health acquired Almas Insight in 2026 to expand access to precision mental health care. The merger combines Almas' extensive provider network with Spring Health's technology platform, aiming to enhance mental health services and support for both providers and patients nationwide.
How much funding has Almas Insight raised?
Almas Insight has raised over $220 million, including a $130 million Series D round led by Thoma Bravo in 2022. This funding supported network expansion, helping scale to 8,000+ providers across all 50 states while developing tools for practice management and insurance support.
Who can join Almas Insight's network?
Independent mental health providers seeking practice support can join Almas Insight. The network welcomes therapists, psychologists, and counselors looking for insurance contracting help, practice management tools, and professional development resources to grow their private practices while delivering quality care.
Sources
- www.prnewswire.com — Series D funding round led by Thoma Bravo
- www.prnewswire.com — Acquisition by Spring Health
- www.prnewswire.com — Leadership transition
- www.prnewswire.com — Series B funding round