Forbes August 25, 2020
As employers grapple with the fallout of the coronavirus pandemic, there’s a reckoning taking place in human resources departments around the country: the need for better mental healthcare for employees. Around one in four U.S. adults suffer from a diagnosable mental health condition and depression is one of the leading causes of disability worldwide. Lyra Health, which provides mental health benefits for large employers, became the latest healthcare technology startup to hit unicorn status on Tuesday, following a $110 million Series D round.
The Burlingame, California-based company expects to hit more than $100 million in revenue by the end of the year, and the latest funding round brings its valuation to $1.1 billion, according to a company representative. Around 50...
Today's Sponsors
Today's Sponsor