Lyra Health

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Lyra Health is a privately held global workforce mental-health company founded in 2015. It combines evidence-based clinical care, a large provider network, and technology/AI to help employers, health plans, health systems, employees, and families access mental-health support. Lyra says it serves more than 20 million people globally.

Primary product

Lyra Empower: an AI-powered workforce mental-health platform combining provider matching, triage, therapy, coaching, psychiatry, medication management, preventive digital tools, family/pediatric care, specialty and acute-care programs, and employer analytics.

Founded

2015

Headquarters

Burlingame, California, United States

Team size

Approximately 2,155-2,917 employees (third-party estimates; dates and methodologies differ)

Work style

Flexible

Industry

Mental health care / healthcare technology

Sub-industry

Employer-sponsored behavioral-health benefits, digital health, telehealth, and AI-enabled care coordination

Offices

Burlingame, California, United States

Business model

B2B employer-sponsored mental-health benefits

Health-plan and health-system partnerships

Per-member employer contracts with tailored pricing

Clinical services and utilization-based care delivery

Enterprise software/platform and workforce-wellbeing programs

Funding

Stage

Late-stage private, venture-backed; latest publicly identified institutional round is Series F (January 2022). A third-party 2026 source reports an additional $57M funding event, but its round classification and primary filing were not independently confirmed.

Total raised

$915M

Latest round

Series F · Jan 2022

Latest amount

$235M

Series F

Jan 2022 · Dragoneer Investment Group

$235M

Series E

May 2021 · Coatue

$200M

Series D

Aug 2020 · Addition

$110M

Series C

Mar 2020 · Institutional Venture Partners

$75M

Series B

Dec 2018 · Tenaya Capital

$61M

Series A

Oct 2015 · Greylock Partners

$35M

Seed

Jun 2015 · Castlight

$3.1M

People & investors

Leadership

Jennifer Schulz

Chief Executive Officer

David Ebersman

Chairman of the Board; co-founder and former CEO

Sandra Beaver

Chief Financial Officer

Lisa Caccavo

General Counsel

Andrew Davies

President, Lyra International

Suzanne Fauvre-Willis

Chief Clinical Operations Officer

Jenny Gonsalves

Chief Product & Technology Officer

Sean McBride

President, Employer Solutions

Monika Roots, MD, FAPA

President, Health Plans & Systems

Alethea Varra, PhD

Chief Clinical Officer

Founders

Bob Kocher, MD

Co-founder and Board Member

Bryan Roberts

Co-founder / founding Venrock partner

Dena Bravata

Co-founder and former Chief Medical Officer

Investors

Work & culture

Mission-driven and clinically oriented, emphasizing equitable access, science, listening, introspection, self-care, client focus, transparency, and solving difficult problems. Careers materials highlight DEIB and flexible/remote work support.

Work style

Flexible

Compensation

Sampled remote senior software-engineering postings showed base ranges of approximately $128,000-$195,000, $143,000-$197,000, and $143,000-$219,000, with possible discretionary bonuses, equity, benefits, and 401(k) matching. These are role- and location-specific signals, not a company-wide compensation range.

Benefits

Free Lyra mental-health coaching and therapy for employees and dependents

Medical, dental, vision, FSA/HSA, life and disability insurance

One Medical membership (company careers page)

401(k), including up to 3% matching in sampled job postings

Equity / discretionary restricted stock units

Four weeks of vacation plus paid holidays; sick leave

Paid parental leave

Monthly technology allowance

Well-being perks and employee activities

Product & market

Pricing

Customized enterprise pricing; Lyra states that employer solutions are tailored to workforce needs and require a personalized quote. Public evidence indicates an employer/health-plan benefits model rather than transparent consumer list pricing.

Differentiators

—Large global network of 30,000+ evidence-based providers
—Integrated preventive, clinical, family, pediatric, neurodiversity, and acute-care pathways
—AI-assisted matching, triage, coordination, and employer insights with human clinical care
—Measurement and outcomes orientation
—Global workforce coverage and culturally responsive care
—Evidence cited by Lyra includes twice-as-fast recovery and a 26% annual reduction in overall healthcare claims costs

Technology

AI-powered provider matching and triage

Lyra Empower platform

Clinical-grade AI / Lyra AI guide

Digital self-care and skills programs

Video/virtual care

Measurement-based and outcomes-informed care

Provider and employer analytics

Python

Kubernetes

Google Cloud Platform

Redis

Databricks

Apache Iceberg

Amazon RDS

React/Redux

Salesforce

Datadog

GitHub Actions

Customers

Starbucks

Samsung

Salesforce

Lululemon

Morgan Stanley

Genentech

VCA Animal Hospitals

JE Dunn Construction

School District of Philadelphia

Competitors

Spring Health

Modern Health

Ginger / Headspace

SonderMind

Talkspace

Teladoc Health

Calm

Big Health

Headway

Traditional employee-assistance programs

Scale & contact

Estimated revenue

Approximately $200M-$300M annually; one third-party company profile estimated $243M, but Lyra does not publicly report audited revenue.

Estimated monthly visits

948K

Traffic estimate as of Jun 2026

Signals & risks

Layoff

Nov 2024

Lyra reportedly eliminated about 2% of its workforce, or approximately 77 non-clinical employees, during an operational restructuring.

Source

Acquisition

Jan 2022

Lyra acquired ICAS World, an employee-assistance provider operating in more than 155 countries, alongside its $235M financing.

Source

Acquisition

Jul 2025

Lyra acquired Bend Health to expand pediatric, family, neurodiversity, and high-acuity mental-health capabilities.

Source

Latest news

Lyra Health Launches Comprehensive Care for Youth and Young Adults Facing Severe Mental Health Crises

Lyra Health · May 2026

Lyra announced pediatric and young-adult urgent, high-risk, and virtual intensive outpatient programs.

Lyra Health Scales Clinically Vetted AI Guide to Members Globally

Lyra Health · May 2026

Lyra announced broader availability of its AI guide and additional AI capabilities for members, providers, and employers.

Lyra Health Introduces First Clinical-Grade AI for Mental Health

Lyra Health · Oct 2025

Lyra introduced Lyra AI as part of its Empower platform, emphasizing clinically vetted and safety-oriented AI.

Lyra Health Acquires Bend Health, Expanding Whole Family Mental Health Care

Business Wire · Jul 2025

The acquisition added pediatric collaborative-care capabilities and expanded Lyra’s family and youth offering.

Lyra Health Welcomes Jennifer Schulz as Chief Executive Officer

Lyra Health · Dec 2024

Jennifer Schulz became CEO effective January 13, 2025, while co-founder David Ebersman transitioned to board chair.

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Jobs and careers at Lyra Health

481 jobs at Lyra Health

Senior Director, Enterprise Operations

Remote

Clinical Ops

United States

Today

Remote

Full-time