Insider Intelligence January 21, 2022
The news: Digital mental health company Lyra Health raised $235 million in Series F funding, vaulting its valuation to $5.585 billion. It plans to use the funds to fuel its global expansion efforts.
On the same day, Lyra announced its acquisition of ICAS World, an international provider of employee assistance programs. ICAS’ global network includes over 1,500 companies and 6.3 million users across more than 155 countries, which should give Lyra smooth inroads into global markets.
More on Lyra Health: Lyra Health partners with employers to give employees and their dependents access to personalized mental health services.
- Lyra’s platform screens users online and matches them with personalized mental health solutions, like a therapist who matches their specific needs, self-care...
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