Lyra Health, a Burlingame, Calif.-based digital health company focused on expanding access to effective mental health care for companies and their employees, closed a $45m series B funding.
New investors Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital, were joined by existing investors Greylock Partners, Venrock, and Providence Ventures.
The company intends to use the new capital to develop the technology platform and to expand support for its network of elite therapists with the tools to manage their practice.
Led by David Ebersman, CEO and co-founder, Lyra Health uses intelligent matching technology to connect employees to mental health providers, and provide them with in-person care, live video therapy, and digital self-care tools. The company works with innovative companies, such as uber, Lyft, and ServiceNow.
Lyra offers online sign-up, online appointment booking, flexible care options, and 24/7 support from an expert care team dedicated to patient success.