Addition led a $187m Series E round in Lyra Health.

Addition Ventures, a private equity firm, led a $187m Series E funding round in Lyra Health, provider of comprehensive mental health care benefits. Additional investors included Durable Capital Partners, Fidelity Management & Research Company, and Baillie Gifford. "The traditional mental health care system cannot address the critical needs people have today. Lyra is now able to directly support more than 2m members as we enable employers to offer their people easy, effective access to clinically proven mental health care. This latest financing round will allow Lyra to continue to develop new and innovative care solutions while reaching new customers and members," David Ebersman, Lyra Health CEO and Co-Founder.