lyra health investors

Lyra has raised around $275 million to date. Lyra is an alumnus of this year’s Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to cross the $1 billion dollar valuation mark, along with AI-powered sales startup Gong and human resources software automation company Rippling . In light of this and the taboo around discussing mental health in the workplace breaking, mental wellbeing apps are attractive to investors. The Lyra solution is based on a combination of software (predictions, matching, outcomes tracking) and people (a leveraged team of Lyra care managers and supervising psychiatrists). Lyra Health ( @lyrahealth ), the provider of comprehensive mental health care benefits for employers, announced it has completed a $200M financing. Lyra Health offers a digital behavioral health and coaching platform for employees. Amwell, which provides behavioral health services and other telehealth offerings, raised $194 million from investors including Allianz X and Takeda in May. Can Lyra Health step in to fill the void? Lyra Health, a leading provider of innovative mental health benefits for more than 1 million U.S. employees and dependents, is transforming mental health care by creating a frictionless experience for members, providers, and employers. As a result, those in the wellness industry have witnessed renewed interest from clients and investors alike. 8 reviews of The Original Mattress Factory "After shopping around at several mattress stores, my fiancee and I wound up purchasing a queen size "Orthopedic Ultra Firm" bed from this store. Lyra Health raises $45M to create a smart network for treating mental health problems. With Over $45 Million in Funding, Investors Have Shown Confidence in Lyra. The Burlingame, California-based company hinted back in December that it was looking to raise new funds. Addition led the round, with funding also coming from Adams Street Partners and existing investors, such as former Starbucks CEO Howard Schultz, Casdin Capital, Glynn Capital, Greylock … Lyra Health is partnering with employers, health plans, and providers to reach patients and improve treatment. Lyra Health, the comprehensive mental healthcare benefits company, has managed to raise $200 million in an investment round led by Coatue, and other investors such as Sands Capital. We've had it for about 8 months now and it's the most comfortable bed that either of us have ever slept on. Lyra Health, a provider of comprehensive mental health care benefits for employers, has announced the completion of a Series E financing round of $187m. Existing partners also participated in the funding round. A recent study led by Lyra Health and the National Alliance of Healthcare Purchaser Coalitions found that 83 percent of U.S. employees today are experiencing mental health issues. Lyra's matching technology and innovative digital platform connect members to a curated network of top therapists and coaches, which results in 3x more people receiving care and 7x better outcomes than traditional plans and EAPs. 11:47 am. With Lyra, more people receive care and get better. March 15, 2021. +1 614-436-3955. 27, 2020 at 8:42 a.m. With such a huge funding to establish its operations, it means numerous investors have expressed their trust in Lyra Health. We are thrilled to welcome leading growth investors IVP and Meritech to our team. Health IT, Startups. Lyra Health, a Burlingame CA-based company that specializes in comprehensive mental health care benefits, raised $200M in funding. According to Crunchbase data, this new funding brings the total amount raised by the business to more than $675 million. The latest round was led by the venture capital firm Addition. Best. Lyra Health, a behavioral health benefits platform for employers, shared today it has closed a $200 million financing round led by Coatue. Developer of a digital health platform designed to transform mental health care through technology with the human touch. The round was led by Coatue joined by new investor Sands Capital, along with existing investors. Lyra Health’s network of mental healthcare professionals includes more than 5,000 coaches, therapists and doctors across the U.S. T he company’s latest capital infusion, led by investment firm Coatue Management with Sands Capital and other existing investors participating, doubles Lyra’s … Sands Capital and the company’s existing investors also participated in the raise. Apr. Lyra’s co-founder and CEO, David Ebersman, left his job as Facebook’s Chief Financial Officer in 2014 to tackle the problem by making it easier to find and get treatment and using technology to make it smarter, more personalized, and effective. With this new infusion of capital, Lyra intends to speed up work on its evidence-based mental health benefits for companies who have employees located all around the […] Lyra Health Welcomes Oprah Winfrey as an Investor. It truly is a team work atmosphere. 8865 Lyra Drive, Columbus, Ohio 43240 USA. Mental health benefits provider Lyra Health is no exception. The financing today reflects our progress to date and the tremendous opportunity in front of us. Lyra Health, a Burlingame, Calif.-based provider of innovative mental health benefits for employers, raised $75m in Series C financing Frequently Asked Questions For Institutional Investors Subscribe to the Crunchbase Daily. ET by Ciara Linnane. Lyra enables employees and their families to find personalized care in just a few clicks and receive best-in-class treatments to combat the full spectrum of mental health conditions via its curated provider network. Lyra Therapeutics : EOP2 Meeting Highlights June 8, 2021. Subscribe to the Crunchbase Daily. Mental health care benefits provider Lyra Health became a unicorn Tuesday following a $110 million Series D round that brings its valuation to $1.1 billion, according to the company.. Large, medium and small business all have the capability of accessing Lyra Health. Lyra Health Completes $200M Funding Round to Transform Mental Health Care Globally. Lyra Health is partnering with employers, health plans, and providers to reach patients and improve treatment. Headquartered in Burlingame, CA, the startup announced a $45 million Series B last May, while an SEC filing from December indicated the funding had grown to … Hedge fund Coatue Management is leading the financing as a new investor, the people said. The Blended Care Model was (is) hugely successful for clients seeking services. Behavioral Benefits Provider Lyra Health Raises $110 Million . Lyra Health Closes $110M in Series D Funding. Each year, approximately 50 million Americans suffer from a diagnosable behavioral health condition, such as depression, anxiety, or substance abuse. List of Lyra Health 's 7 Funding Rounds from 21 Investors. Sands Capital and other existing investors also participated in this round. Lyra Health landed a series C financing round of $75 million back in March 2020 and then an additional $110 million series D funding round in August, which propelled Lyra … Lyra Health doubles customers, expands to serve more than 2 million members. Lyra Health Its clients include businesses who use Lyra Health's software to offer better mental healthcare to their employees. Lyra Health is funded by 22 investors. Lyra Health investors. 1-5 of 7 results Lyra helps companies improve access to effective, high-quality mental health care for their employees. Four months later, it pulled off a $742 million IPO. Investors: Castlight Health, Venrock, Greylock Partners, Breyer Capital, Origin Capital Management, Providence Health & Services. The additional funds bring its total amount raised to more than $480 million and the company valuation to approximately $2.3 billion, according to a Lyra … Additionally, the company raked in another impressive funding haul in January, raising $187 million in a Series E round led by the venture capital firm Addition, along with participation by Baillie Gifford, Durable Capital Partners, Fidelity Management & Research Co. and other previous investors. Add Funding Rounds filter . Lyra General Information Description. 4.4 382 Reviews. The round was led by Addition with participation from Durable Capital Partners LP, Fidelity Management & Research Company, and Baillie Gifford, along with other existing investors. Investors have been eyeing the space for … March 31, 2021 — 08:00 AM Eastern Daylight Time, BURLINGAME, Calif. — Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced Oprah Winfrey has made an investment in the company. The latest fundraising was led by investor hedge fund Coatue Management, with participation from new investor Sands Capital. The coronavirus pandemic has underscored, and often exacerbated, Lyra Health has garnered $680 million in funding since its founding in 2015 and has a current valuation of $4.6 billion (see Lyra Valued At $4.6B, Plans To Build Out International Presence). Lyra Health, a leading provider of innovative mental health benefits for more than 2 million U.S. employees and dependents, is transforming mental health care by creating a frictionless experience for members, providers, and employers. The company previously raised $187 million in a Series E funding round in January 2021. includes any. Lyra Health, Inc. raised $199,999,931 from 28 investors on 2021-06-15. Fax: +1 614-436-3958. Sands Capital and the company’s existing investors also participated in the raise. Lyra Health projects it will hit more than $100 million in revenue by the end of the year, and the latest funding round brings its valuation north of $1 billion, according to a … Lyra Health projects it will hit more than $100 million in revenue by the end of the year, and the latest funding round brings its valuation north of $1 billion, according to a … Including the latest financing, Lyra has raised over $700 million to date. Addition led the round and was joined by new investors Durable Capital Partners LP, Fidelity Management & Research Company, and Baillie Gifford, along with other existing investors. IVP is the lead investor in Lyra’s $75M Series C financing, and Somesh Dash will join the company’s board of directors. Press Releases. No Headlines Available. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. Lyra Health, which provides mental health benefits such as virtual therapy sessions to employees of large companies, is raising a new, $200 million round of funding that will value it at nearly $4.6 billion, according to two people familiar with the deal. Also on Lyra’s agenda this year is nailing down more large employer clients, expanding its provider network and tackling some of the systematic problems in behavioral health, … Lyra Health, a Burlingame, Calif.-based provider of comprehensive mental health care benefits for employers, raised $187m in Series E financing round. Lyra Health, a provider of mental health benefits for employees, has raised $200 million in the latest funding round, bringing its total valuation to $4.6 billion. Phone: +1 614-436-3955 +1 614-436-3955. Their pay and bonus structure are also very competitive and have improved since I started. If you are a part-time therapist, you are expected to see 11-13 ish clients per week and paid to write notes, etc. for the remaining 7 hrs (PT providers work 20 hrs per week). I have never seen this kind of work/life balance - more... Lyra Health raises $200 million . Platform for mental and emotional wellbeing care Lyra Health has raised $200 million in a funding round led by Coatue, with Sands Capital and existing investors as participants. Coatue led the round and was joined by new investor Sands Capital, along with existing investors. The company plans to invest in its team as it continues to scale. Operator. A behavioral health startup founded by Facebook’s former CFO raised $75 million in new funding. Top investors are Durable Capital Partners, Fidelity Management & Research, and Baillie Gifford. Organization Name . The digital behavioral-health-benefits platform Lyra Health announced today the closing of its Series E funding round worth $187 million. Lyra's Series E round in January propelled the employee mental health platform to a $2.3 billion valuation. Lyra Health, maker of a digital benefits platform focused on behavioral health, announced today that it is adding $75 million in Series C funding to the roughly $100 million it had raised previously.