Lyra Health
Financials
Estimates*
EUR | 2019 |
---|---|
Revenues | 50.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.1m | Seed | ||
$35.0m | Series A | ||
$45.0m | Series B | ||
* | $75.0m | Series C | |
$110m Valuation: $1.0b 18.2x EV/LTM Revenues | Series D | ||
$187m Valuation: $2.3b | Series E | ||
* | $200m Valuation: $4.6b | Series F | |
* | $35.0m Valuation: $5.9b | Series F | |
Total Funding | AUD1.1b |
Related Content
Recent News about Lyra Health
EditLyra Health is a digital health startup that provides evidence-based mental health care services. The company operates in the healthcare market, specifically focusing on mental health. Its primary clients are businesses that want to provide mental health support to their employees.
Lyra Health's business model is centered around a concierge member experience. This means that the company provides personalized, high-quality mental health care to every employee of its client companies. Employees have access to an exclusive network of vetted and trained mental health providers. The network is extensive, with 20,000 providers in over 200 countries, capable of supporting over 60 unique care needs.
The company's services are accessible and flexible, offering a range of care options to suit personal preferences and lifestyles. These include self-guided programs, mental health coaching, therapy, and medication management. Care can be accessed in-person, via video conferencing, or text messaging. Additionally, Lyra Health provides 24/7 access to an in-house concierge care navigator team to guide employees through their mental health journey.
Lyra Health generates revenue by charging businesses for access to its mental health services. The company claims that its services can lead to a reduction in healthcare claims costs, implying that investing in mental health care can lead to overall savings for businesses.
Keywords: Mental Health, Digital Health, Employee Wellness, Personalized Care, Healthcare Savings, Concierge Service, Global Provider Network, Flexible Care Options, 24/7 Support, Culturally Responsive Care.