Lyra Health, a Burlingame, Calif.-based provider of innovative mental health benefits for employers, raised $75m in Series C financing.
The round was led by IVP, joined by new investor Meritech Capital Partners, as well as existing investors Casdin Capital, Crown Venture Fund, Glynn Capital, Greylock Partners, Providence Ventures, Tenaya Capital, and Venrock.
The company will use this funding to expand its platform technology and network of evidence-based mental health providers.
Led by David Ebersman, founder and CEO, Lyra is a provider of innovative mental health benefits. Using matching technology and an innovative digital platform, Lyra connects companies and their employees–plus spouses and children–to therapists, mental health coaches, and personalized medication prescribing.
The company’s platform gives access to personalized recommendations based on each individual’s needs – including therapy, coaching, and medications – and top evidence-based providers.
Customers include eBay, Uber, NetApp, and Genentech.