Director of Strategic Finance and Corporate Development, Lyra Health
$150-229k
+ Discretionary restricted stock units
Employee mental health care provider
Open for applications
Employee mental health care provider
1001+ employees
Open for applications
$150-229k
+ Discretionary restricted stock units
1001+ employees
Company mission
To transform access to life-changing mental health care.
Role
Who you are
- 8+ years work experience, with 2+ years of private equity direct investing experience (required)
- Advanced financial modeling skills with the ability to distill complex decisions into simple but comprehensive financial models
- Excellent organizational and time management skills, including the ability to prioritize and balance multiple deliverables with competing timelines in a dynamic environment
- 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
- Proven success developing and/or improving processes, with a desire to inspire change across the organization
- Ability to collect, organize and analyze complex data at a macro and micro level with minimal supervision. Actively seeks the input and opinions of stakeholders; explores and considers a wide range of options before acting
- Demonstrates high critical thinking and problem-solving skills and strong attention to detail as well as an ability to tackle ambiguous situations
- Must be a proactive self-starter with exceptional follow-through and the ability to work well independently with minor supervision
What the job involves
- Lyra is looking for a highly motivated Director of Strategic Finance & Corporate Development to help us realize our mission of becoming the premier mental health solution for employers and employees
- The role will be responsible for flexing across multiple lanes, including pricing strategy, new product development and M&A, and will be a key finance thought leader within Lyra
- Pricing strategy: partner with Go-To-Market to set pricing for new sales & renewals globally, balancing profitability targets and market dynamics to make high-quality pricing decisions
- New product development: partner with Go-To-Market and Ops teams to recommend pricing for new products & business lines that balances sustainability & market dynamics
- Unit economics thought leadership: propose and lead execution of analytics that help Lyra better understand key profitability levers, to inform pricing strategy and hurdle rates for new investment
- M&A strategy & execution: work closely with Lyra’s executive team to align on what types of M&A opportunities Lyra should consider, as well as a framework for when we should build/buy/partner. Lead deal execution, including business & financial due diligence, presenting recommendations to Lyra’s executive team and Board
Our take
In the United States, millions of people suffer from mental illness each year - a figure which is unfortunately on the rise - and research suggests that depression and anxiety disorders lead to $1 trillion in lost productivity worldwide each year. Lyra Health is one company out to tackle these issues head-on, by delivering mental health care for employees.
Lyrah Health is seen as a key player alongside other online mental telehealth platforms, which include Calm, Genoa, and Talkspace. The company offers video counselling sessions and one-to-one messaging to help users with a variety of conditions including anxiety, depression, and substance use disorder. Coaching is also offered as a preventative measure.
Lyra Health boasts a 90% satisfaction rate across its more than 2.2 million members, demonstrating the impact that its products can have on wellbeing. In 2022, Lyra announced its acquisition of ICAS World, an international provider of employee assistance programs. Its global network includes over 1,500 companies and 6.3 million users across more than 155 countries, which should give Lyra smooth inroads into global markets.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 8 rounds)
Jan 2022
$35m
SERIES F
May 2021
$200m
SERIES F
Total funding: $690.1m
Company benefits
- Full access to Lyra’s mental health services for employees and their eligible dependents—at no charge
- Medical, dental, and vision benefits, and free monthly membership to One Medical
- Generous compensation, 401k, and equity options
- Four weeks of vacation and paid holidays
- Tech stipend
- Monthly Uber Eats and NatureBox credits
Company values
- Mind Yourself - We nurture our personal values and take time to learn the skills we teach our clients.
- Look inwards - We have the courage to look inwards and embrace how we can improve.
- Follow the Science - We are guided by facts and are committed to publishing our results.
- Tackle Hard Problems - We embrace challenges that others shy away from.
- Listen Harder - We make better decisions by seeking other opinions and having a real dialogue.
- Show Your Cards - We take the time to share context, making transparency a hallmark of our culture.
- Put Clients First - We work with purpose to make a tangible impact on people in need.
Company HQ
Downtown, Burlingame, CA
Articles
Leadership
David Ebersman
(Co-Founder & CEO)Member of the Board of Directors at Momentive-AI. Former Equity Research Analyst at Oppenheimer & Co. Was CFO at Facebook, and worked at Genentech for 15 years, leaving as Chief Financial Officer & Executive VP.
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