Lyra Health
AI-powered global mental health benefits for enterprise employers
Healthcare
📍 Burlingame, CA
Founded 2015
Current Valuation
$5.6B
as of 2022-Q1
UNICORN
Lyra Health provides AI-powered mental health benefits to enterprise employers, combining evidence-based therapy, medication management, and coaching across a network of curated providers. Founded in 2015 by David Ebersman (former Facebook CFO) and Dena Bravata, the company became a unicorn in 2020 and reached a $5.58B valuation in early 2022 following a $235M Dragoneer-led round. Lyra has since raised an additional $200M led by Coatue, bringing total funding to $915M. The platform supports 17M+ employees across 2,500+ organizations including Amgen, eBay, Meta, Morgan Stanley, Starbucks, Uber, and Zoom.
Company Profile
Growth
17M+ covered lives across 2,500+ employers; global expansion
Last Round
Funding round — $200M (Jan 2024) · Lead: Coatue
Founders & Key People
David EbersmanDena Bravata
Investors
Coatue · Dragoneer · Addition · Greylock · IVP · Salesforce Ventures · Sands Capital
Products
- Lyra Direct Therapy
- Lyra Care (medication + therapy)
- Lyra Coaching
- Lyra Global (international mental health benefits)
Competitors
Spring Health · Modern Health · Headspace Health · Calm Health
HealthcareMental HealthEnterprise BenefitsUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q1. Refreshed quarterly.