Lyra Health

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By Dave Muoio 12:17 pm October 23, 2020
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...
By Dave Muoio 04:16 pm August 25, 2020
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...
By Dave Muoio 03:34 pm March 17, 2020
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....
By Dave Muoio 01:44 pm March 11, 2020
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...
By Dave Muoio 01:10 pm May 7, 2018
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...
By Jonah Comstock 03:09 pm March 2, 2017
Even when an employer or insurer offer their members innovative digital health products, for a healthcare consumer looking for a solution to a problem, it can be hard to know what's out there and what works. Collective Health, an employee benefits platform that raised more than $100 million in VC funding in 2015, is aiming to solve that problem with the help of predictive analytics. Collective...
By Jonah Comstock 02:00 am October 14, 2015
David Ebersman Lyra Health, the behavioral health-focused startup launched this summer by David Ebersman, former CFO of Facebook and Genentech, has raised $35 million. Greylock Partners and existing investor Venrock led the round, with additional participation from existing investor Castlight Health, and new investors Providence Health & Services, Breyer Capital, and Origin Capital...
By Jonah Comstock 08:55 am August 20, 2015
Bryan Roberts Bryan Roberts, one of Venrock's healthcare-focused investment partners, has some rules of thumb for investing in digital health -- and for what to pass up. Roberts' portfolio included six successful exits last year, the Wall Street Journal reports, and this year he has invested in Stride Health, Lyra Health, Intarcia Therapeutics, and Grand Rounds. In a recent interview with the...
By Aditi Pai 08:54 am June 25, 2015
Burlingame, California-based Lyra Health, which is developing a platform to identify people with behavioral health conditions, has raised $3.1 million in a strategic round from Castlight Health. Lyra Health previously received undisclosed seed funding from venture capital firm Venrock. Lyra's Chief Medical Officer Dena Bravata formerly served in the same role at Castlight Health. Lyra Health...
By Jonah Comstock 10:06 am June 8, 2015
David Ebersman Lyra Health, a startup that launched last week, will focus on addressing the gaps in the healthcare system surrounding behavioral health conditions like anxiety and depression. David Ebersman, former CFO of Facebook and Genentech, will helm the new company, which already has seed funding from Ebersman and venture capital firm Venrock. Ebersman's co-founder, Chief Medical Officer...