| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Healthtech |
| Total raised | 900 |
| Collapse type | Mass Layoff Spiral |
| Founder | David Ebersman |
Lyra Health
"$5B employer mental health platform raised $900M — then 30% of the workforce was cut as the market recalibrated"
Cascading layoffs that accelerated the decline
Key Events Timeline
Lyra Health built mental health benefits for self-insured employers — connecting employees to therapists through a clinical matching engine.
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