# Lyra Health

**Source:** https://geo.sig.ai/brands/lyra-health  
**Vertical:** Healthcare Tech  
**Subcategory:** Mental Health Benefits & Digital Therapeutics  
**Tier:** Challenger  
**Website:** lyrahealth.com  
**Last Updated:** 2026-04-14

## Summary

Leading mental health benefits platform for employers. Founded 2015 by ex-Facebook CFO. $5.58B valuation, $915M total funding. Serves 20M+ people through employer contracts.

## Company Overview

Lyra Health is a workforce mental health platform founded in 2015 by David Ebersman (former CFO of Facebook/Meta) and Dena Bravata, headquartered in Burlingame, California. It provides AI-powered mental health benefits to employers through therapy, coaching, preventive care, specialized programs (substance use, DBT), and the Empower AI platform for personalized support.

Lyra operates a B2B model serving 20M+ people through employer contracts and 100M+ through health plan partnerships. Over 300 companies including Meta, Pinterest, and Starbucks use Lyra. It competes with Spring Health, Ginger/Headspace, and traditional EAPs, differentiating through evidence-based care and clinical outcome tracking.

Jennifer Schulz became CEO in January 2025 (founder Ebersman remains board chairman). Lyra acquired Bend Health (July 2025) for pediatric mental health, launched Empower AI (October 2025), and partnered with Thatch (November 2025). Total funding is $915 million at a $5.58 billion valuation.

## Frequently Asked Questions

### What is Lyra Health?
A workforce mental health platform providing AI-powered therapy, coaching, and preventive care benefits to employers, serving 20M+ people through employer contracts.

### Who founded Lyra Health?
David Ebersman (ex-Facebook/Meta CFO) and Dena Bravata in 2015. Jennifer Schulz became CEO in January 2025.

### How many people does Lyra serve?
20M+ directly through employer contracts and 100M+ through health plan partnerships. 300+ companies including Meta, Pinterest, and Starbucks.

### What is Empower AI?
Lyra's clinical-grade AI platform (launched October 2025) for personalized mental health support and employer ROI tracking.

### How much funding has Lyra Health raised?
$915 million total across 9 rounds at a $5.58 billion valuation.

### What types of mental health care does Lyra Health provide?
Lyra Health offers evidence-based therapy (CBT, DBT, EMDR), psychiatry and medication management, coaching, digital self-guided programs, and crisis support. Its Precision Mental Healthcare model uses clinical assessment to match members to the right level of care — not all members need therapy; many benefit from structured coaching or digital tools, which Lyra deploys first to improve access and reduce wait times.

### How does Lyra Health's employer benefits model work?
Employers pay Lyra a per-employee-per-month (PEPM) fee to provide mental health benefits to their workforce. Members access Lyra through the employer's benefits portal and receive a set number of covered sessions per year (typically 16–25) plus unlimited coaching and digital content. Lyra handles provider credentialing, care coordination, and outcomes tracking, giving employers a single vendor for comprehensive mental health coverage.

### What is the Empower AI platform?
Empower AI is Lyra's clinical AI platform launched in October 2025, providing personalized mental health support recommendations to members and AI-assisted care coordination tools for Lyra's clinical team. It uses member assessment data, engagement patterns, and clinical outcomes to suggest the right care intervention at the right time, and provides employers with anonymized population-level mental health analytics to inform benefits strategy.

## Tags

b2b, healthtech, saas

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*