Accessible, Compassionate Behavioral Health
Lyra’s digital health platform connects members to a curated network of therapists and coaches through live video therapy, coaching, and digital self-care tools, resulting in faster access to care and better outcomes than traditional programs. This enables employers to deliver online care to their employees and families with the flexibility of in-person care. Lyra has established itself as a leader in a market with massive and growing demand. Now serving hundreds of national organizations, Lyra’s solution achieves an average 26% reduction in medical and pharmacy claims spend, a 54% reduction in pediatric and adolescent costs, a 50% reduction in employee turnover, and a 70% increase in employee satisfaction.
Date of investment: 2015
Sector: Virtual Care
Company status: Active
Associated team: Dan Galles, Jen Lee
