Announced

Addition led a $110m Series D round in Lyra Health.

Synopsis

Addition, an investment firm. led a $110m Series D round in Lyra Health, a mental healthcare services provider. The round was joined by joined by Adams Street Partners and existing investors, including Howard Schultz, Casdin Capital, Glynn Capital, Greylock Partners, IVP, Meritech Capital Partners, Providence Ventures and Tenaya Capital. “Whether you’re dealing with a preexisting mental health condition that has intensified or new symptoms that have arisen during the pandemic, these are challenging times for many people. We are proud to support employers that are prioritizing mental health and will use this new funding to help even more organizations support the mental health and well-being of their most important asset—their people,” said David Ebersman, Lyra Health Co-Founder and CEO.

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