Lyra's curated network includes more than 5,000 coaches, therapists, and doctors in the U.S., with an additional 85,000 providers available worldwide through global partnerships. . BURLINGAME, Calif., June 14, 2021 /PRNewswire/ --Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing. Using matching technology and an innovative digital platform, Lyra quickly connects companies and their employees plus spouses and children to world-class therapists, mental health coaches, and personalized medication prescribing. Unmind operates as a workplace mental health platform. Email; Facebook; . For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Company Type For Profit. Seed: Venrock: Seed: Providence Health & Services: Series A: Origin Capital Management . Investor Contact: 10 Fundings. Who are Lyra Health's competitors? Coatue Management, Dragoneer Investment Group, and Salesforce Ventures, Coatue Management, Institutional Venture Partners, Sands Capital, and Undisclosed Investors, Addition, Baillie Gifford & Co., Durable Capital Partners, Fidelity Investments, Institutional Venture Partners, Sands Capital, and Undisclosed Investors. Partners . From 2016 to 2018, she served as a professor at the Center for Innovation for Global Health at Stanford University. You're more than your latest funding, tell our customers your company's story. In April, KKR acquired a majority interest in the mental health electronic records software company Therapy Brands for an undisclosed amount. Lyra's co-founder and CEO, David Ebersman, left his job as Meta's chief financial officer in 2014 to tackle the problem by making it easier to find and get treatment and . We are reaching out to the company and investors for a . The mental health platform companies help connect users directly with therapists and other providers. Lyra delivers clinically proven mental health care for employees and family members across all facets of mental health, from wellness and preventive care to the most severe conditions. Investor Activity Lyra Health has actively raised capital from investors. Lyra customers include Genentech, a member of the Roche Group; Morgan Stanley; Zoom Video Communications; and dozens of the world's largest, most respected brands. Lyra currently serves more than 2.2 million members globally. 2023 State of Workforce Mental Health Report, Why Culturally Responsive Care Must Be Part of Your Mental Health Benefits Strategy, Diversity, Equity, Inclusion, and Belonging, Limit the Use of My Sensitive Personal Information. It was founded in 2012 and is based in New York, New York. Transforming Access to Mental Health Care Around the WorldNearly 1 billion people worldwide suffer from a mental health disorder, yet more than 70% of people don't have access to the care they need. This Series E round pushes the company to $475.1 million in total funding for a post money valuation of over $2 billion. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. and other contracted partners to be your Lyra Care Navigator Team and deliver clinical services. The firms track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. With the new funding, Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. Contact Email care@lyrahealth.com. Coatue led the round and was joined by new investor Sands Capital, along with existing investors. With the new funding, Lyra will accelerate its delivery of comprehensive, evidence-based, culturally responsive mental health care benefits for employees and their families around the world. U.S. Industry Overview & Market Statistics: INDEPENDENT SCHOOL GROUP LIFE & DISABILITY TRUST, Complete list of funding rounds and total amounts in the, EBIT (Earnings Before Interest and Taxes), Revenue from previous years (2010 to present), Funding from Venture Capital and Private Equity firms, Additional industries in which the company operates, What is the company's size? The mental health benefits startup scored $187 million in new financing as it looks to expand its services and bring more technology to its platform. It partners with enterprises, pharma companies, and health plans to create new products that help support and manage specific mental and physical conditions. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. The Series F was led by Coatue and values the company at an astounding $4.6 billion. Apr 18, 2022. June 14, 2021 08:00 AM ET, BURLINGAME, Calif. Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing. Delivering mental health care for diverse employee populations around the world is one of the most pressing and complex issues for employers today, and this new funding will help Lyra accelerate our plans to deliver comprehensive, global solutions.. A peer-reviewed study found Lyras Blended Care Therapy helped 83% of participants improve or recover from anxiety or depression. 914-204-6412 San Francisco-based 6sense closed a $200 million Series E co-led by new investors Blue Owl and MSD Partners at a $5.2 billion valuation . tyler.gagnon@canalecomm.com, million adult CRS patients in China alone, we believe LYR-210 has the potential to address a significant unmet medical need and meaningfully improve the standard of care for patients in Asia., Internet Explorer presents a security risk. These and other important factors discussed under the caption Risk Factors in the companys Annual Report on Form 10-Q filed with the SEC on May 11, 2021 and its other filings with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Last August, the company cemented its . BURLINGAME, Calif., June 14, 2021 /PRNewswire/ -- Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced .
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