Lyra Health
Large employer mental health platform that acquired Bend Health in 2025 to add pediatric, youth, and family behavioral health capability.
Burlingame, CA
2015
$685M+
Employer Benefits, Commercial Insurance
What They Do
Lyra sells mental health benefits to employers and health plans through a network that includes coaching, therapy, psychiatry, digital tools, and condition-specific care pathways. Its relevance to PHD is strategic: the Bend Health acquisition shows how adult mental health platforms may choose to buy pediatric capability rather than build it from scratch.
Competitive Position
Lyra competes with Spring Health, Headspace, Modern Health, and other enterprise mental health platforms. Its scale, employer penetration, and acquisition appetite make it one of the clearest likely homes for pediatric behavioral assets that outgrow standalone economics.
Funding Rounds
No funding rounds on record for this company.