MobiHealth News January 19, 2022
The company is looking to use the new funds to expand internationally.
Employer-focused digital mental health provider Lyra Health announced a whopping $235 million Series F round led by Dragoneer. Salesforce Ventures and Coatue also participated. This new infusion of cash brings the company’s total raise to over $900 million.
The funding coincided with the news that Lyra Health is acquiring employee-assistant program ICAS World for an undisclosed sum. ICAS was founded in 1987 and provides coaching and counseling services to employees. The service offers phone, face-to-face or web-based treatment.
WHY IT MATTERS
The Series F funding round is expected to help Lyra Health expand internationally.
This global expansion is also a key part of its recent acquisition. Lyra’s team...