Lyra Health - About the company
Lyra Health is a series F company based in Burlingame (United States), founded in 2015 by Dena Bravata. It operates as a Provider of AI-powered mental health benefits for employers. Lyra Health has raised $915M in funding from investors like Addition, Greylock Partners and IVP, with a current valuation of $5.58B. The company has 943 active competitors, including 171 funded and 30 that have exited. Its top competitors include companies like Spring Health, SonderMind and Calm.
Sectors and market segments that Lyra Health operate in
Lyra Health serves in the HealthTech market segments.The primary business model of Lyra Health are:Company Details
Provider of AI-powered mental health benefits for employers. It offers evidence-based mental healthcare through a network of providers, facilitating access to care via AI-driven matching and support tools. The platform tracks treatment outcomes and aims to improve employee well-being while reducing healthcare costs for organizations. Services include support for various demographics and organizational tools to promote mental health across the workforce.
- Website
- lyrahealth.com
- Social
- Email ID
- *****@lyrahealth.com
- Phone Number
- +1 **********
- Registered Address
- Burlingame, California
Key Metrics
Founded Year
2015
Location
Burlingame, United States
Stage
Series F
Total Funding
$915M in 9 rounds
Latest Funding Round
Post Money Valuation
$5.58B as on Jan 19, 2022
Ranked
4th among 943 active competitors
Employee Count
2,932 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Lyra Health
Lyra Health is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Lyra Health, Inc. CIN: 47-2935915 , United States, Active | Dec 21, 2020 | - | 1053 (As on Dec 31, 2024) | - |
Lyra Health, Inc. CIN: 472935915 , United States, Active | Dec 31, 2014 | - | 1053 (As on Dec 31, 2024) | - |
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Lyra Health's funding and investors
Lyra Health has raised a total funding of $915M over 9 rounds. Its first funding round was on Jun 04, 2015. Its latest funding round was a Series F round on Jan 19, 2022 for $235M. 3 investors participated in its latest round. Lyra Health has 29 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Lyra Health:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 19, 2022 | $235M | Series F | $5.58B | - | ||
May 18, 2021 | $200M | Series E | $4.6B | - | ||
Jan 28, 2021 | $187M | Series E | $2.3B | - |
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Lyra Health's founders and board of directors
Founder? Claim ProfileThe founders of Lyra Health is Dena Bravata.
Here are the details of Lyra Health's key team members:
- Dena Bravata: Former Co-Founder of Lyra Health and founder of 1 other company. They serve on the board of 1 company.
Lyra Health's Board of Directors
Lyra Health's board has 2 active members. Imran Aleem and Kasper Blicher Beknes are independent board members.Here is the list of Lyra Health's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 3m | |
Independent board member | - | Current | 2y 7m |
View details of Lyra Health's Founder profiles and Board Members
Lyra Health's employee count trend
Lyra Health has 2,932 employees as of Jul 26. Here is Lyra Health's employee count trend over the years:
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Lyra Health's Competitors and alternates
Top competitors of Lyra Health include Spring Health, SonderMind and Calm. Here is the list of Top 10 competitors of Lyra Health, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Spring Health 2016, New York City (United States), Series E | Tech enabled mental healthcare solutions and health plans for employers | $474M | 81/100 | |
2nd |  SonderMind 2014, Denver (United States), Series C | Mental health service provider offering virtual therapy services | $276M | 80/100 | |
3rd | Calm 2012, San Francisco (United States), Series C | Digital wellness platform | $225M | 79/100 | |
4th |  Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
5th |  Cerebral 2020, San Francisco (United States), Series C | Provider of online counseling services for mental health conditions | $462M | 74/100 | |
6th | Talkspace 2011, New York City (United States), Acquired | Online platform offering virtual consultation services for mental health conditions | $109M | 73/100 | |
7th | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 72/100 | |
8th | Thrive Global 2016, New York City (United States), Series C | Provider of mental wellbeing coaching platform for enterprises | $130M | 71/100 | |
9th | Provider of online therapy, psychiatry services, and mental healthcare support | $20.6M | 71/100 | ||
10th | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 70/100 |
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Lyra Health's Investments and acquisitions
Lyra Health has acquired 2 companies including Bend Health and ICASworld. Lyra Health has not made any investments as of now.Reports related to Lyra Health
Here is the latest report on Lyra Health's geography:
News related to Lyra Health
Filter this listMedia has covered Lyra Health for a total of 10 events in the last 1 year, 6 of them have been about company updates and 2 about partnerships.
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Lyra Health Launches Manager Coaching to Reduce Organizational BurnoutBusiness Wire•May 05, 2026•Lyra Health
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Lyra Health Scales Clinically Vetted AI Guide to Members GloballyBusiness Wire•May 05, 2026•Lyra Health
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Carrum Health and Lyra Health Launch Integrated Specialty Care and Mental Health SolutionBusiness Wire•Jan 27, 2026•Lyra Health, Carrum Health
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Lyra Health Introduces First Clinical-Grade AI for Mental HealthBusiness Wire•Oct 14, 2025•Lyra Health
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Lyra Health Study Finds AI Can Reduce Mental Health Care Costs Without Sacrificing OutcomesBusiness Wire•Aug 12, 2025•Lyra Health
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Lyra Health Acquires Bend Health to Bolster Pediatric High-Acuity Care ServicesBehavioral Health Business•Jul 17, 2025•Bend Health, Lyra Health
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