Fenwick Represents Lyra Health in $75 Million Series C Financing

Fenwick & West represented Lyra Health, a leading provider of innovative mental health benefits for employers, in its $75 million Series C financing round.

The latest funding round was led by IVP and joined by new investor Meritech Capital Partners, as well as existing investors Casdin Capital, Crown Venture Fund, Glynn Capital, Greylock Partners, Providence Ventures, Tenaya Capital and Venrock.

Lyra Health will use the funding to expand its platform technology and network of evidence-based mental health providers. More information can be obtained from the company’s announcement.

The Fenwick transaction team includes corporate partner Matthew Rossiter and associates Sean Childers, Najee Thornton and Shweta Kumar.