Alma Company Profile

Alma runs a membership-based network that helps independent mental health therapists accept insurance and build private practices, giving them insurance support, teletherapy software, and automated billing and scheduling tools. The platform connects patients with more than 17,000 in-network therapists covering specialties from anxiety to marriage counseling, working with insurers including Aetna, Cigna and Blue Cross Blue Shield.

Dr. Harry Ritter founded the company, which by 2022 had scaled its therapist network more than threefold to 8,000 providers licensed across all 50 states. In 2026, Alma completed a combination with Spring Health, aiming to build one platform that follows people's mental health care across employment and life changes.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Alma.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. Alma availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Alma included.

The closest education technology peers are on the competitors page.

The routes section explains what is realistically available for a company at this stage.

No. Alma is a private company; its shares do not trade on a public exchange.

The last valuation is $800M.