Funding round
Lyra Health Series F
Lyra Health, which works in workforce mental health benefits services in Burlingame, raised $235M in a Series F round announced on 19 Jan 2022, led by Dragoneer Investment Group, at a $5.90B post-money valuation. 3 firms took part. It is Lyra Health's sixth venture round on record; the one before was a Growth in Jun 2021.
$235M
Amount raised
$5.90B
Post-money valuation
$5.67B pre-money
3
Investors
1 lead
1.3x
Step-up from the Growth
$4.60B in Jun 2021
4.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Lyra Health at $5.90B after the new money, 1.3 times the $4.60B of its Growth (Jun 2021). The $235M bought investors about 4.0% of the company. It came 7 months after Lyra Health's Growth. It is 29% of the $812M Lyra Health has raised in the venture rounds on record. No later venture round is on record for Lyra Health.
Lyra Health's funding rounds
Lyra Health has 6 venture rounds on record. This one is highlighted.
- Series A 14 Oct 2015, led by Greylock Partners and Venrock $35M
- Series B 7 May 2018 $45M
- Series D 25 Aug 2020, led by Addition $110M$1.10B post-money
- Series E 28 Jan 2021, led by Addition $187M$2.30B post-money
- Growth 15 Jun 2021, led by Coatue $200M$4.60B post-money
- Series F this round 19 Jan 2022, led by Dragoneer Investment Group $235M$5.90B post-money
Investors
Who put money in
Dragoneer Investment Group led the round with 2 other firms.
Lead investor
- Dragoneer Investment Group backs 82 venture-backed companies new investor
Also in the round
- Coatue backs 229 venture-backed companies new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Creditas Loans & Financing | 25 Jan 2022 | $260M | $4.80B | Fidelity Management and Research Company |
| Moglix Industrial Machinery & Supplies | 28 Jan 2022 | $250M | $2.60B | Tiger Global and Alpha Wave Global |
| Highspot Tech Companies | 13 Jan 2022 | $248M | $3.50B | B Capital and D1 Capital Partners |
| Clari Tech Companies | 19 Jan 2022 | $225M | $2.60B | Blackstone |
| Employment Agencies & HR Consulting | 19 Jan 2022 | $200M | $3.50B | Coatue and Valiant Peregrine |
| Tech Companies | 18 Jan 2022 | $175M | $3.00B | Thrive Capital and Tiger Global |
| Tech Companies | 13 Dec 2021 | $735M | $11.00B | XN |
| Razorpay Payment Processing & Point of Sale | 20 Dec 2021 | $375M | $7.50B | Lone Pine Capital and Alkeon |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Lyra Health raise in its Series F round?
Lyra Health raised $235M in its Series F round, announced in Jan 2022.
Who led Lyra Health's Series F round?
Dragoneer Investment Group led it, with Coatue and Salesforce Ventures.
What was Lyra Health's valuation at the Series F round?
$5.90B post-money ($5.67B pre-money).