NewSpring Capital
NewSpring says Honest Health raised $140 million with NewSpring leading
Summary: NewSpring Capital reported that Honest Health raised $140 million and that NewSpring led the investment. The healthcare and value-based-care descriptions are attributed to NewSpring's February 26, 2026 announcement.
Why it matters: A lead investment in a healthcare operating company is a public signal about NewSpring's sector focus and platform-building activity, useful for diligence questions about healthcare exposure and portfolio construction.
Summary
NewSpring Capital reported that Honest Health raised $140 million and that NewSpring led the investment. The source is NewSpring’s own announcement dated February 26, 2026. The healthcare, value-based-care, and company-growth descriptions should remain attributed to NewSpring and the announcement.
Why it matters
For due-diligence readers, a lead investment in a healthcare operating company is a public signal about NewSpring’s sector activity and portfolio-building posture. It can support follow-up questions about healthcare specialization, operating partner involvement, thesis concentration, and how the investment fits within the firm’s broader strategy mix.
Source notes
- Primary manager source: https://newspringcapital.com/honest-health-raises-140-million-to-advance-value-based-care-for-health-systems-newspring-leads-investment
- Public adviser identity reference: https://adviserinfo.sec.gov/firm/summary/160608
- Source posture: company announcement; transaction size and business descriptions are attributed to NewSpring.
9AT filing context
Public ADV context maps NewSpring Capital to CRD 160608 / SEC file 801-73849, with about $3.3 billion in reported regulatory AUM. Because this is a private-company financing item, 13F data is not a useful primary lens; the filing context is limited to adviser identity and public platform scale.
What to watch
Watch for follow-on financing, portfolio-company operating updates, healthcare-platform add-ons, and future ADV updates that clarify NewSpring’s reported adviser and private-fund footprint.