Employer-focused digital mental health provider Lyra Health announced a whopping $235 million Series F round led by Dragoneer. Salesforce Ventures and Coatue also participated. This new infusion of cash brings the company's total raise to over $900 million.
The funding coincided with the news that Lyra Health is acquiring employee-assistant program ICAS World for an undisclosed sum. ICAS was...
Mental health benefits provider Lyra Health announced new tools to help customers address suicidality, alcohol use disorder and other complex care needs.
The new tools will be available at the beginning of 2022. Lyra Reset, a treatment program for alcoholism, uses virtual therapy, group sessions, symptom assessments, peer support, digital lessons that teach coping skills and medication for...
Amid the growing digital health ecosystem, Collective Health is making it easier for employers to manage their various offerings through its new Premier Partnership Program.
The program brings together some of the leading digital health companies to help employers curate, integrate, measure impact and drive engagement with their virtual offerings.
Specifically, Collective Health will give support...
Lyra Health, a behavioral health benefits platform for employers, shared today it has closed a $200 million financing round led by Coatue. Sands Capital and the company’s existing investors also participated in the raise.
This raise brings Lyra’s total funding to date to $680 million and values the company at $4.2 billion, according to a company spokesperson.
WHAT IT DOES
Offered as a health...
The digital behavioral-health-benefits platform Lyra Health announced today the closing of its Series E funding round worth $187 million.
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 spokesperson.
The round was led by Addition and had participation from new investors Durable Capital...
Employer mental health benefits provider Lyra Health has inked a strategic partnership with stress and wellness app Calm, the companies announced Tuesday. With the deal, Lyra's customers may choose to offer Calm's app and digital programs to their employees. Existing Lyra members with mild mental health issues such as stress will have the Calm app recommended. It will be available for direct...
Less than half a year after closing a $75 million raise, digital behavioral health benefits platform Lyra Health has wrapped up another $110 million in Series D funding, the company announced today.
The new round was led by Addition, and brought on Adams Street Partners alongside a slew of returning backers: Casdin Capital, Glynn Capital, Greylock, IVP, Meritech Capital Partners, Providence...
Blue Shield of California announced yesterday that it is now waiving out-of-pocket costs for all commercial plan members using Teladoc Health's services until May 31. This includes individual and family plans, as well as those sponsored by an employee.
"As we continue to closely monitor the COVID-19 situation, we believe making telemedicine more readily available is the right thing to do," Dr....
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.
The new investments were headed by IVP, with additional support coming from new backer Meritech Capital Partners and prior investors Casdin Capital, Crown Venture Fund, Glynn Capital, Greylock...
Digital behavioral health company Lyra Health announced today that it has secured a $45 million Series B round of funding. Participants in the round included new investors Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital, as well as returning funders Greylock Partners, Venrock, and Providence Ventures.
According to a statement, the new funding will be put toward developing...
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