$110 million in Series D funding, elevating its valuation to a whopping $1.1 billion. The California-based company offers services for employers to include in health plans like virtual visits with mental health providers and digital exercises to enhance behavioral therapy sessions — and it's added 800,000 membersLyra Health earns unicorn status at $1.1 billion valuation.
We think employers will prioritize digital mental health services within the next year to curb long-term spending — and Lyra's unicorn status will cement its position as a frontrunner to attract more deals.
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