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Lyra Health completes $187M Series E round and expands user base with ICAS World

Share The digital behavioral-health-benefits platform Lyra Health announced today the closing of its Series E funding round worth $187 million. The additional funds bring its total amount raised to more than $480 million and the company valuation to approximately $2.3 billion, according to a Lyra spokesperson. The round was led by Addition and had participation from new investors Durable Capital Partners LP, Fidelity Management & Research Company and Baillie Gifford, along with other existing investors. In addition to the capital raise, Lyra is also beginning a partnership with ICAS World, an employee-assistance-program provider. Through the collaboration, ICAS World’s client companies will be able to offer Lyra’s technology-enabled mental health solutions to their employees.

Here are five Bay Area mental health startups to watch - San Francisco Business Times

Here are five Bay Area mental health startups to watch - San Francisco Business Times
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Lyra Health Announces Breakthrough 2021 Virtual Conference for Workplace Mental Health

Lyra Health Announces Breakthrough 2021 Virtual Conference for Workplace Mental Health News provided by Share this article BURLINGAME, Calif., Jan. 14, 2021 /PRNewswire/   Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced it will host Lyra Breakthrough 2021, the Mental Health Conference, on March 16, 2021. The one-day, virtual event will bring together global human resources and benefits leaders to examine the vital need for transformation in mental health benefits and care. Sheila Krueger, Head of Global Benefits, Zoom Video Communication; David Stark, Chief Medical Officer & Managing Director, Morgan Stanley; David Ebersman, Co-founder & CEO, Lyra Health; and Connie Chen, Chief Medical Officer, Lyra Health.

How digital health startups are staying competitive in a fast-growing arena

How digital health startups are staying competitive in a fast-growing arena In an increasingly crowded landscape, digital health startups must figure out what sets them apart. Three startup leaders shared what differentiates their companies from the competition at this year s J.P. Morgan Healthcare Conference. Shares1 Human tragedy is often inextricably linked with human ingenuity and innovation, a notion borne out in a myriad of ways amid the Covid-19 pandemic. As cases of the deadly virus soared, the healthcare industry responded by evolving rapidly, especially with regard to technology use. The pandemic has resulted in quick pivots to digital platforms and a proliferation of health technology startups, which then begs the question how does a digital health company survive and thrive in this competitive landscape?

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