Amid Rapidly Growing Demand for Mental Health Services, Lyra Health Announces Closing of $110M Series D
Amid Rapidly Growing Demand for Mental Health Services, Lyra Health Announces Closing of $110M Series D
08/25/20, 11:10 AM
Money raised
$110 million
Round Type
series d
Lyra Health, a leading provider of mental health care benefits for employers, today announced a Series D financing round of $110 million. Addition led the round and was joined by Adams Street Partners and existing investors, including Starbucks chairman emeritus and former CEO Howard Schultz, Casdin Capital, Glynn Capital, Greylock, IVP, Meritech Capital Partners, Providence Ventures, and Tenaya Capital. This financing enables Lyra to invest more aggressively in innovative, tech-enabled mental health treatments; to partner with more customers; and to expand and diversify its high-quality provider network.
Company Info
Additional Info
Lyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. Lyra is transforming mental health care using intelligent matching technology, concierge support, and an innovative digital platform to deliver a frictionless experience for members, providers, and employers. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter.