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Coatue led a $200m funding round in Lyra Health.

Synopsis

Coatue, a global technology-focused investment manager, led a $200m funding round in Lyra Health, a technology platform and a mental health care provider. The round had participation from Sands Capital. "One in five people struggle with mental health challenges such as anxiety, depression, or substance use disorder. Delivering mental health care for diverse employee populations around the world is one of the most pressing and complex issues for employers today, and this new funding will help Lyra accelerate our plans to deliver comprehensive, global solutions," David Ebersman, Lyra Health CEO and Co-Founder.

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