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Lyra Health

Lyra Health

Lyra helps companies improve access to effective, high-quality mental health care for their employees.

OverviewStructured DataIssuesContributors

Contents

lyrahealth.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Robot
Robot
Robotics software
Robotics software
Software
Software
Technology
Technology
Healthcare
Healthcare
Enterprise software
Enterprise software
Robotics
Robotics
Artificial Intelligence (AI)
Artificial Intelligence (AI)
...
Location
San Francisco
San Francisco
Burlingame, California
Burlingame, California
B2X
B2B
B2B
CEO
David Ebersman
David Ebersman
‌
David Ebersman
Founder
David Ebersman
David Ebersman
Dena Bravata
Dena Bravata
AngelList URL
angel.co/lyra-health
Pitchbook URL
pitchbook.com/profiles...114977-53
Legal Name
Lyra Health, Inc.
Number of Employees (Ranges)
501 – 1,000
Email Address
care@lyrahealth.com
Full Address
287 Lorton Avenue Burlingame, CA 94010 United States
CIK Number
1,733,914
Investors
Fidelity Investments
Fidelity Investments
Glynn Capital Management
Glynn Capital Management
Institutional Venture Partners
Institutional Venture Partners
0
Addition
Addition
Howard Schultz
Howard Schultz
Providence Health & Services
Providence Health & Services
Venrock
Venrock
...
Founded Date
January 2015
Total Funding Amount (USD)
890,100,000
Latest Funding Round Date
January 19, 2022
Competitors
Talkspace
Talkspace
Glassdoor ID
https://www.glassdoor.com/Reviews/Lyra-Health-Reviews-E1483303.htm
Board of Directors
‌
Danielle C. Gray
‌
David Ebersman
‌
Somesh Dash
‌
Bob Kocher
Robynne Sisco
Robynne Sisco
‌
Kerry Chandler
‌
James Slavet
‌
Bryan Roberts
CTO
‌
Jenny Gonsalves
CFO
‌
Hubert Lin
Also Known As
Lyra
Latest Funding Type
‌
Series G round
Latest Postmoney Valuation
2,300,000,000
Patents Assigned (Count)
2
COO
‌
Connie Chen
Wellfound ID
lyra-health
Country
United States
United States

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
235,000,000
Wikidata ID
Q106828523
Overview

Lyra Health has developed a digital mental health platform for enterprise business employees. The platform connects members with a network of therapists, life coaches, and other mental health professionals through live video telehealth therapy, coaching, and self-care tools allowing employees and their families access to mental health plans in real-time.

Services

Lyra works with employers to offer its service in an end-to-end format starting by assisting companies in announcing that the product exists. Lyra states that they recognize that mental health can be a sensitive topic for employees, so it works with employers and employees to assure safety and HIPPA compliant data collection.

Care services

Lyra offers various care services to its users, including self-care tools, mental health coaching, evidence-based therapy, medication management, critical incident support, manager training, onsite therapy, and work-life services. The services can be implemented at companies through health plans, employee assistance programs, or custom benefit plans can be developed through collaboration between Lyra and employers.

Methodology

Using validated clinical assessments such as the GAD-7 and PHQ-9, Lyra makes actionable suggestions to employees, such as speaking with a therapist, coach, or practicing self-help techniques. Lyra's 400,000+ mental health providers use evidence-based treatments (EBTs) with employees/ patients to promote effective health plans. Common properties of EBTs are goal-focused treatments, new skill development, practice between sessions, track progress toward goals, and short-term and long-term benefits.

Care network

Lyra has developed a network of over 400,000 mental health providers using machine learning, analytical models, and clinical experience. Machine learning and data analytics help Lyra identify evidence-based providers located near members. Lyra then assigns the providers with "Quality Prediction Scores" that predict adherence to evidence-based practices. If scores are high enough, the company schedules clinical interviews with providers to validate the quality prediction scores and invite qualifying providers to join the Lyria network; the company reports that roughly 5% of candidates are selected.

Ongoing patient assessments and progress tracking are conducted to monitor the effectiveness of providers over time. If a provider is deemed ineffective, they are removed from the Lyra network.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Lyra Health helps make sure your employees get proper mental health care

Mark Sullivan

https://venturebeat.com/2015/10/14/lyra-health-helps-make-sure-your-employees-get-proper-mental-health-care/

Web

October 14, 2015

References

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