Fenwick represented Lyra Health, a leading provider of comprehensive mental healthcare benefits for employers, in its $187 million Series E financing. Addition led the round and was joined by new investors Durable Capital Partners, Fidelity Management & Research Company and Baillie Gifford, along with other existing investors.
This financing will enable Lyra to further expand its investments in pioneering tech-enabled mental healthcare, a growing and diverse provider network and new partnerships to support the world’s largest global organizations. More information can be obtained from the company’s announcement.
The Fenwick transaction team includes corporate partner Matthew Rossiter and associates Shweta Kumar, Najee Thornton and Leeza Soulina.