Behavioral health benefits company Spring Health announced Thursday that it has raised $190 million in a Series C round led by Swedish growth investment firm Kinnevik. The round included a number of participants, including several existing investors, as well as the Guardian Life Insurance Company of America, which is a new investor. Spring Health reported […]
Mental health benefits provider Lyra Health is rolling out two new treatment services for users struggling with issues such as alcohol use disorder (AUD), suicidality and other complex mental health diagnoses. The Burlingame, California-based company made the announcement Thursday. One of the offerings is Lyra Reset, which will enable users to address AUD issues through […]
Lyra Health — a startup that helps employers connect their workers with mental health services — is expanding internationally. Specifically, the company has announced that it is making new preventive care and mental health coaching offerings available across the globe. Headquartered in Burlingame, California, Lyra is a behavioral health unicorn with a reported valuation of […]
More than 400 companies across various industries held initial public offerings (IPOs) last year, the most since 2000, even amid the pandemic-led economic downturn. At the same time, many businesses chose to go public by merging with a special purpose acquisition company (SPAC), a maneuver that has gradually gained traction among startups, including the subscription-based […]
Lyra Health is on the brink of another huge financing raise, according to The Information, which covers the technology industry. The online publication reported that the behavioral health unicorn is raising another $200 million in a new funding round, which will boost its overall value to nearly $4.6 billion. The Information cited two people familiar […]
Lyra Health, a digital behavioral health unicorn that helps employers connect workers with mental health services, has added new preventative, self-guided solutions to supplement its current offerings. The Burlingame, California-based company has mostly built its business around using intelligent matching technology to pair members with services available to and best suited for them. It partners […]
As COVID-19 continues to wreak havoc on the economy, funding for digital behavioral health companies has remained robust, largely because the nation’s mental health has worsened amid the pandemic. For Lyra Health, a mental health care benefits startup with unicorn status, not only has the company weathered the headwinds of the economic downturn, but thrived […]
Mental health care benefits provider Lyra Health has raised $187 million in Series E funding, the company announced Friday, bringing its total funding raised up to about $480 million. The latest round was led by the venture capital firm Addition. New investors Durable Capital Partners, Fidelity Management & Research Co. and Baillie Gifford also participated, […]
Lyra Health, a mental health care benefits provider, has partnered with Calm, an app for sleep and meditation. The partnership will expand the number of mental health tools and resources Lyra clients have at their disposal. Headquartered in Burlingame, California, Lyra Health is a digital tech startup that provides mental health benefits to employers such […]
Lyra Health — a mental health care benefits provider — has raised $110 million in Series D funding, the company announced Tuesday. 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 Partners, IVP, Meritech Capital Partners, Providence […]
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