Lyra Health

Lyra Health Company Profile

Lyra Health, founded in 2015 and headquartered in Burlingame, California, is a leading provider of digital mental health solutions for employers. Its mission is to expand access to quality mental healthcare through a platform that connects employees with therapists, coaches, and digital resources. Recognized as one of America’s best startup employers by Forbes in 2024, Lyra serves over 20 million members worldwide and has delivered nearly 12 million care sessions. Backed by more than 20 peer-reviewed studies, its outcomes demonstrate faster recovery and cost savings, with clients recovering twice as fast and reducing healthcare claims costs by 26% annually.

Core Business & Key Technologies

Lyra Health focuses on providing mental health benefits for employers, integrating advanced technology with human care. Its proprietary AI-powered matching algorithm pairs individuals with the most suitable providers based on needs and preferences, enhancing engagement and treatment results. The platform offers blended care models, including in-person therapy, live video consultations, live messaging, and self-led resources. Lyra’s HIPAA-compliant platform features secure, proprietary video therapy and AI-driven digital treatment components. These support patients with transdiagnostic approaches such as cognitive restructuring, mindful awareness, and communication skills. Research shows Lyra’s AI reduces care length by two sessions on average and lowers per-episode costs by nearly 20%, saving up to $340 per member.

Market Position & Flagship Products

As the leading employer-focused mental health solutions provider, Lyra Health offers therapy, coaching, medication management, and specialized pediatric mental health care. Its services address a broad spectrum of mental health needs, accessible via mobile app and web platforms. Lyra partners with major employers to integrate mental health benefits into employee assistance programs (EAPs), boosting utilization. Its competitive edge lies in evidence-based care, AI-powered provider matching, and comprehensive service models. In 2025, Lyra Health acquired Bend Health Inc., expanding its capabilities in pediatric care, neurodiversity, and intensive outpatient care, further strengthening its position in the global mental health market.

Contact Information

- Address: Burlingame, California, United States