Fenwick Represents Lyra in its $45 Million Series B Financing

Fenwick & West represented Lyra Health, Inc., a leading digital health company focused on expanding access to effective mental health care for companies and their employees, in its $45 million Series B financing. New investors Tenaya Capital, Glynn Capital, Crown Ventures and Casdin Capital, were joined by existing investors, including Greylock Partners, Venrock and Providence Ventures.

Lyra will use the new capital to develop technology that improves treatment outcomes for patients and to expand support for Lyra’s network of elite therapists with tools to better manage their practice. More information about Lyra’s $45 million Series D financing can be obtained from the company announcement.

The Fenwick transaction team was led by corporate lawyers Matt Rossiter, Lara Anthony and Shweta Kumar.