Find related and similar companies as well as employees by title and much more. “Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.”. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. Lyra has historically raised $470.8M in funding lyra health crunchbase, Lyra Health - Crunchbase Company Profile & Funding Crunchbase.com Contact Email [email protected] Phone Number 1 (877) 505-7147 Lyra helps companies improve access to effective, high-quality mental health care for their employees. Talkspace and RXNT stand out as its top competitors based on similarity, popularity and user reviews. Lyra Health's main competitors include Livongo, Solera Health, Anxiety Boss and Conscious. Lyra Health, a mental health therapy benefit company for employers, closed an additional $187 million in a Series E round led by Addition Capital. Smarter mental health benefits, better outcomes 7x more members receive effective care. As employers grapple with the fallout of the coronavirus pandemic, there’s a reckoning taking place in human resources departments around the country: the need for better mental healthcare for employees. “I think what we’ve discovered is employers are really ready to invest in mental health-care solutions.”. And the startup's unicorn status will likely cement its position as a frontrunner to attract more deals. Sr. Analyst, Allocation and Fleet Operations, Sales Operations Tesla. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. Jan 2020 – Present 1 month. Acuity Scheduling has the most reviews with a total of 4,458, while Lyra has 1. 83% of members improve or recover Kocher and Roberts continue to serve on the board, while Bravata left the company. Using matching technology and an innovative digital platform, Lyra connects companies and their employees–plus spouses and children–to world-class therapists, mental health coaches, and personalized medication prescribing. 47 Lyra Health reviews. Lyra Health landed a series C financing round of $75 million back in March 2020 and then an additional ... Lyra Health projected it would hit more than $100 million in revenue by the end of 2020. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered it’s one-millionth session. Lyra’s solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. San Francisco Bay Area. LYRA | Complete Lyra Therapeutics Inc. stock news by MarketWatch. The company declined to provide its current valuation. 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. Lyra, which offers an easy-to-use digital platform to connect people with mental health providers, has around 1.5 million members so far, adding more than 800,000 people since the start of the pandemic. In the United States 50 million people suffer from mental health issues every year. In 2015, Ebersman cofounded Lyra Health with two Venrock partners and Castlight investors, Bob Kocher and Bryan Roberts, as well as Dena Bravata, Castlight’s chief medical officer. All content is posted anonymously by employees working at Lyra Health. “The average person when starting care in 2020 is feeling more anxious and more depressed than we've seen in any prior year,” says Ebersman. Lyra Health is a small internet company based in Burlingame, California with only 160 employees and an annual revenue of $30.0M. lyra health crunchbase, Health – the health effects from inhaling fine particulates (from fires) alone are: lung cancer, stroke, dementia, type two diabetes, and heart disease. The solution uses screening tools to identify people at risk of behavioral health issues and then engages with them to provide care services. Mental-health startup Lyra Health raised $75 million from venture capital firm IVP and others on Wednesday. View Lyra Health (www.lyrahealth.com) location in California, United States , revenue, industry and description. Many of today’s high-traction mental health startups obtain a large portion of their revenue through employers. Developer of a digital health platform designed to transform mental health care through technology with the human touch. I am a staff writer covering healthcare. You are not beholden to money as the primary motivator. “Because of Covid, economic uncertainty, and conversations around racial injustice, people are really struggling even more, and it's an important time to invest in a service that really will be there for their employees when they need it,” says Ebersman, who previously served as chief financial officer of Genentech and Facebook. EAPs engage 2-3% of members, while Lyra sees 15% of employees sign up for care. I was a 2019-2020 Knight-Bagehot Fellow in business and economics reporting at Columbia University. A study published in the Journal of Medical Internet Research, led by Lyra’s director of clinical product Anita Lungu, recorded a significant decrease in anxiety or depression symptoms after 5 sessions among 385 patients, although it did not include a control group. This traction is possible because mental health has arisen as one of the top concerns of employers. I am a staff writer at Forbes covering healthcare, with a focus on digital health and new technologies. It plans to use the latest infusion of capital to expand its reach, network of providers and technology platform, Ebersman said. Around 50 million people in the U.S. have a mental health condition, and the Covid-19 pandemic is exacerbating two of the most common: anxiety and depression. “We want to be able to offer targeted and effective approaches to everyone,” says Ebersman. One of the keys to the company’s success is using clinical measurement tools to establish improvement over time. Lyra Health earns unicorn status at $1.1 billion valuation. Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced it will host Lyra Breakthrough 2021, the Mental Health Conference, on March 16, 2021. Non-GAAP net loss for Q4, 2020, widened to $9.8 million from $2.3 million in the year-ago quarter. We work with industry leaders, such as Morgan Stanley, Starbucks, uber, Amgen, and other Fortune 500 companies, to improve access to effective, high-quality mental health care for their employees and their families. As reported by Forbes, Lyra Health was set to bring in around $100 million in revenue by the end of the year at the time of its prior fundraise. Using technology to solve healthcare problems is a natural fit for Ebersman, who spent fifteen years in various executive roles at the biotechnology Genentech, including chief financial officer.

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