Lyra Health Files Paperwork To Raise $175 Million

Lyra Health, which provides a mental wellness platform, filed paperwork to raise $175 million in Series E funding. The company set its value at $2.25 billion. It has previously received investments from Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP, and Greylock.

The Lyra Health platform connects health plan members and their dependents to clinical professionals, mental health coaches, and personalized medication prescribing. Consumers complete an online assessment and are connected to a clinical professional, coach, or self-guided program tailored for the individual’s needs.

The filing was reported by Prime Unicorn Index, which tracks Lyra Health . . .