Full-Time

Manager – Corporate Development

Confirmed live in the last 24 hours

Lyra Health

Lyra Health

1,001-5,000 employees

Digital mental health care services for employees

Social Impact
Healthcare

Compensation Overview

$106k - $163kAnnually

Senior

Burlingame, CA, USA + 1 more

More locations: Remote in USA

Hybrid role available from Burlingame, CA headquarters or fully remote for candidates located within the United States.

Category
Corporate Finance
Investment Banking
Private Equity
Finance & Banking
Required Skills
Market Research
Data Analysis
Requirements
  • 4+ years work experience in management consulting, investment banking or digital health, with 2+ years of private equity direct investing experience in healthcare.
  • Advanced financial modeling skills with the ability to distill complex decisions into simple but comprehensive financial models.
  • Ability to collect, organize and analyze complex data at a macro and micro level with minimal supervision.
  • Demonstrates high critical thinking and problem-solving skills and strong attention to detail as well as an ability to tackle ambiguous situations.
  • Exceptional written and oral communication skills, with the ability to clearly convey recommendations and conclusions.
  • Experience presenting thoughtful analysis and a compelling point of view directly to senior leadership.
  • Excellent organizational and time management skills, including the ability to prioritize and balance multiple deliverables with competing timelines in a dynamic environment.
  • Must be a proactive self-starter with exceptional follow-through and the ability to work well independently with minor supervision.
Responsibilities
  • New product development: Develop an understanding of market trends in behavioral health and identify implications for Lyra’s business. Create business cases for new products, including developing a decision framework, analyzing data, conducting market research and developing a framework for when we should build/buy/partner. Work with Go-To-Market and Ops teams to stand-up pilots ahead of making a go / no go decision.
  • M&A opportunity assessment: Work closely with Lyra’s executive team to align on what types of M&A opportunities Lyra should consider, and develop investment theses to rapidly evaluate potential opportunities. Conduct market scans to identify potential targets and drive partnership exploration.
  • M&A execution: Project manage deal execution, including business & financial due diligence, market analysis, and presenting recommendations to Lyra’s executive team.

Lyra Health offers mental health care services through a digital platform, primarily targeting businesses that want to support their employees' mental well-being. The company connects employees with a network of over 20,000 vetted mental health providers, offering various care options such as self-guided programs, therapy, and medication management, accessible via in-person visits, video calls, or text messaging. A unique aspect of Lyra Health is its concierge model, which provides personalized care and 24/7 support from care navigators. The goal is to enhance employee mental health while helping businesses reduce healthcare costs.

Company Stage

Series F

Total Funding

$671.3M

Headquarters

Burlingame, California

Founded

2015

Growth & Insights
Headcount

6 month growth

2%

1 year growth

8%

2 year growth

35%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with companies like Insight Global expand access to mental health services.
  • Lyra's four-year study shows a 26% reduction in healthcare costs for employers.
  • The acquisition of ICAS World enhances Lyra's global presence and service offerings.

What critics are saying

  • Increased competition from digital mental health platforms like Ginger and Headspace Health.
  • Potential regulatory scrutiny over data privacy concerns with digital health platforms.
  • Economic downturns may lead businesses to cut investment in employee mental health benefits.

What makes Lyra Health unique

  • Lyra Health offers a concierge member experience with personalized, high-quality mental health care.
  • The company has a global provider network with 20,000 providers in over 200 countries.
  • Lyra's evidence-based approach results in 7x better outcomes than traditional mental health plans.

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Benefits

Lyra for Lyrians - Full access to Lyra’s mental health services for employees and their eligible dependents—at no charge

Health benefits - Comprehensive medical, dental, and vision benefits, along with a free monthly membership to One Medical

Financial rewards - Generous compensation, 401k, and equity options

Paid time off - Guilt-free time to unwind and recharge, including four weeks of vacation and paid holidays

Tech stipend - Monthly stipend to spend on technology needs

Snacks & meals - Monthly Uber Eats and NatureBox credits to nourish body and mind