Lyra Health Raises $187M at $2.3B Valuation for Digital Mental Health Platform What You Should Know: – Lyra Health just announced another massive funding round of $187M, bringing its total to approximately $462 million and the valuation to approximately $2.3 billion. – The company, which previously raised a series D round in August of $110M at a valuation slightly above $1 billion has now more than doubled in value. – Lyra Health also announced a new partnership with global benefits company ICAS, which now allows it to provide some level of mental health parity to employees at a global scale. Lyra Health, a Burlingame, CA-based provider of mental healthcare benefits for employers, today announced a Series E financing round of $187 million led by Addition along with new investors Durable Capital Partners LP, Fidelity Management & Research Company, and Baillie Gifford, and existing investors. This financing will enable Lyra to further expand its investments in pioneering tech-enabled mental health care, a growing and diverse provider network, and new partnerships to support the world’s largest global organizations. That latest round of funding brings Lyra’s total funding to date at $462M, bringing its valuation to approximately $2.3B.