Lyra Health Raises $235M in Series F

Lyra Health has successfully raised $235M in a Series F at a $5.58B valuation from multiple investors.

Company Overview

Lyra Health is a HealthTech company headquartered in Burlingame, CA, founded in 2015 with 1200+ employees.

Mental health benefits platform for enterprises

Fundraising Details

• Amount Raised: $235M
• Round Type: Series F
• Valuation: $5.58B
• Date: 2025-03-18
• Investors: Multiple investors

About Lyra Health

Mental health benefits platform for enterprises The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Burlingame, CA
• Founded: 2015
• Team Size: 1200+
• Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Lyra Health's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Lyra Health's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $5.58B valuation marks an important milestone for Lyra Health, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Lyra Health is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-03-18. For more information about Lyra Health, visit their headquarters at Burlingame, CA.