Layoff
Nov 2024Lyra reportedly eliminated about 2% of its workforce, or approximately 77 non-clinical employees, during an operational restructuring.
SourceCompany 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
Jan 2022 · Dragoneer Investment Group
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
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
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
Acquisition
Jan 2022Lyra acquired ICAS World, an employee-assistance provider operating in more than 155 countries, alongside its $235M financing.
SourceAcquisition
Jul 2025Lyra acquired Bend Health to expand pediatric, family, neurodiversity, and high-acuity mental-health capabilities.
Latest news
Lyra Health · May 2026
Lyra announced pediatric and young-adult urgent, high-risk, and virtual intensive outpatient programs.
Lyra Health · May 2026
Lyra announced broader availability of its AI guide and additional AI capabilities for members, providers, and employers.
Lyra Health · Oct 2025
Lyra introduced Lyra AI as part of its Empower platform, emphasizing clinically vetted and safety-oriented AI.
Business Wire · Jul 2025
The acquisition added pediatric collaborative-care capabilities and expanded Lyra’s family and youth offering.
Open Positions
513 jobs at Lyra Health
Sr. Software Engineer
Remote
Technology
United States
1d ago
Remote
Full-time