Dragoneer has been an investor in companies such as Airbnb, Alibaba, Atlassian, AppFolio, Bytedance, Carbon Health, Ceridian, Chime, Datadog, Doordash, Duck Creek, Livongo, Maven, PointClickCare, Procore, Slack, Samsara, ServiceTitan, Snowflake, Spotify, Uber, UiPath, and others. In 2020, peer-reviewed Lyra research demonstrated the effectiveness of the Blended Care treatment program for clients with depression and anxiety. Bob Kocher, a partner at Venrock, is betting on Lyra Health, the company he co-founded in 2015 alongside former Facebook CFO David Ebersman, to take off. Through the partnership, Lyra is making it easier for employers to offer a wide range of mental health tools from a single platform. A peer-reviewed study found Lyras Blended Care Therapy helped 83% of participants improve or recover from anxiety or depression. Lyra Health's latest funding round was a Series G for $235M on January 19, 2022. 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. Investor Activity Lyra Health has actively raised capital from investors. The mental health platform companies help connect users directly with therapists and other providers. Kathryn Morris Partners . WATERTOWN, Mass. Argot Partners Copyright 2023 CB Information Services, Inc. All rights reserved. BURLINGAME, Calif. , Jan. 19, 2022. Emerson Collective and Salesforce Ventures are the most recent investors. Innovative, Clinically Proven Mental Health Care for Members WorldwideLyra provides evidence-based care that supports people across all facets of mental health, from wellness and preventive care to the most severe conditions. 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. Number of Investors 4. Lyra Health's latest post-money valuation is from January 2022. As part of the agreement, LianBio will also have the first right to obtain development and commercial rights in the licensed territories to Lyras LYR-220, an anti-inflammatory, intra-nasal, drug matrix in development for the treatment of CRS patients who have undergone a prior sinus surgery but continue to have persistent disease. Zippia gives an in-depth look into the details of Lyra Health, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lyra Health. While there is widespread agreement that improving access to mental health services is sorely needed, the explosion of funding and sky high valuations means consumers and clinicians are left to sort through hundreds of options without a good sense of which will work and which are just hype. The company operates a business-to-business (Headspace for Work) to offer its mindfulness products and services to sectors such as government entities, nongovernmental organizations, and National Health Service (NHS) to offer digital mental health tools. Lyra Health Hits $1.1 Billion Valuation, As Coronavirus Boosts - Forbes Developer of a digital health platform designed to transform mental health care through technology along with the human touch. In 2020, the company introduced Lyra Blended Care, which pairs video therapy sessions with personalized digital lessons and exercises based on Cognitive Behavioral Therapy (CBT) principles. Their latest acquisition was ICAS World on January 19, 2022. With the new funding, Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. 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.. DEF 14A - sec.gov Products. Lyra Health - Products, Competitors, Financials, Employees Lyra Health Investors. Lyras innovative Blended Care Therapy pairs video counseling sessions, one-to-one messaging, and digital activities prescribed by the provider to support individuals in their everyday lives. As the demand for mental health care accelerates worldwide, I am honored to join them in the quest to deliver a powerful support system for companies and their employees., We are excited to welcome Robynne to our Board of Directors, said David Ebersman, Lyra Health CEO and co-founder. Lyra Health is funded by 35 investors. Many of these startups partner with research institutions to publish studies, but no one has performed a head-to-head comparison of the market. Ive known David for over 10 years, and his focus on one of the worlds most important topics, addressing and solving mental health care, is truly inspiring, said Marc Stad, Founder and Managing Partner at Dragoneer. The startups take different approaches to connecting users with mental health services. Pricing. Sisco is currently co-president and chief financial officer at Workday. Mental health issues are much more pervasive than is commonly known, and Lyra is thoughtfully redefining access to care by providing broad-based solutions through employers. It also noted that Lyra Health's most recent price per share is $27.47, an up round from the Series D, which priced shares at $14.21. Lyra Health revenue is $9.3M annually. In clinical studies conducted to date, LYR-210 has demonstrated six months of clinically meaningful symptom improvement following a single administration in patients with and without polyps. Contact Email care@lyrahealth.com. Venture Funding For Mental Health Startups Hits Record High As - Forbes Leading self-insured employers partner with Lyra to tailor value-driven mental health benefits programs specific to their workforce. More than 83% of U.S. employees are experiencing mental health issues, according to research Lyra Health conducted in 2020 in partnership with the National Alliance of Healthcare Purchaser Coalitions. Before the pandemic, it was already estimated that less than half of adults and children living with mental health conditions in the U.S. went without any treatment. From 2016 to 2018, she served as a professor at the Center for Innovation for Global Health at Stanford University. BURLINGAME, Calif, Jan. 28, 2021 /PRNewswire/ -- Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced a Series E . In the LANTERN Phase 2 clinical trial, LYR-210 (7500mcg) demonstrated rapid, clinically meaningful and durable symptom improvement in symptom scores over six months. We heard from HR and benefits leaders, benefits consultants, and Lyra experts on top-of-mind issues for mental health in the workplace. Lyra Company Profile: Valuation & Investors | PitchBook Nearly 1 billion people worldwide suffer from a mental health disorder, yet more than 70% of people dont have access to the care they need. 212-600-1902 Worldwide, 970 million people are living with mental health issues. You can read more about your. Lyra provides evidence-based care that supports people across all facets of mental health, from wellness and preventive care to the most severe conditions. Last August, the company cemented its . Coatue led the round and was joined by new investor Sands Capital, along with existing investors. 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. By year-end, venture investors poured a record-setting $1.5 billion into mental health-related startups. While the company may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, even if subsequent events cause its views to change. 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 . Investor Contact: Lyra Health and commercializing the behavioral health sector - FlowBank BURLINGAME, Calif, Jan. 28, 2021 /PRNewswire/ --Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced a Series E financing round of $187 million. When typing in this field, a list of search results will appear and be automatically updated as you type. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Lyra Health Announces Closing of $75M Series C Financing "One in five people struggle with mental health challenges such as anxiety, depression, or substance use disorder," said David Ebersman, Lyra Health CEO and co-founder. The data presented on this page does not represent the view of Lyra Health and its employees or that of Zippia. Funding. Lyra Health's 2020 revenue was $100M. Chrome Extension. Lyra Health makes $25,479 in a day. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Lyra Health Study Finds Managers Struggling to Handle Employee Mental Health Concerns. Lyra Therapeutics: It was founded in 2010 and is based in Santa Monica, California. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Transforming Mental Health Care Lyra more than doubled its customer base in 2020 and extended its services to support more than 2 million members with comprehensive mental health care. 2023 PitchBook. You can access direct insights and strategies from . Modern Health operates as a mental health benefits platform for employers. Lyra Health completes $187M Series E round and expands - MobiHealthNews Investors Security Type; CASTLIGHT HEALTH, INC. Developer of a digital health platform designed to transform mental health care through technology along with the human touch. Crazy indeed. The latest fundraising was led by investor hedge fund Coatue Management, with participation from new investor Sands Capital. Lyra Health has raised a total of $910.1M in funding over 8 rounds. With this additional capital, Lyra will have the opportunity to further distinguish itself as the leader in mental health domestically and expand internationally to address a global need.".
Did Queen Elizabeth Really Hesitate During Her Wedding Vows, Disadvantages Of Ackerman Steering Mechanism, Articles L