The Providence and Castlight Health-backed mental health services provider has closed its second funding round of the year, reportedly valuing it at $4.6bn.
Lyra Health, the US-based mental health benefits provider backed by care provider Providence Health and Services and health benefits management service Castlight Health, closed a $200m financing round on Monday.
The round was led by Coatue Management and included fellow investment management firm Sands Capital and undisclosed existing backers. It likely doubled the company’s valuation to $4.6bn, according to a report by The Information last month.
Founded in 2015, Lyra has developed a digital platform which provides access to mental…
