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Less than six months after gaining unicorn status following a $110 million Series D round, mental health care benefits provider is back with another significant round of funding, an $187 million Series E.

The Burlingame, California-based company hinted back in December that it was looking to raise new funds. , which led the Series D, led this new round and was joined by new investors , and , along with other existing investors. The new round gives the company more than $480 million in total funding.

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Following a doubling of customers in 2020, Lyra expects to serve more than 2 million members. As such, the company intends to use the new funding on technology development, growing a diverse provider network, and new partnerships.

The behavioral health market is predicted to reach $240 billion by 2026, according to a by Acumen Research and Consulting. Meanwhile, a led by Lyra Health and the found that 83 percent of U.S. employees today are experiencing mental health issues.

Startups in this space are also gaining attention from investors. In a list of , 132 deals were venture-backed within the past five years. In fact, investors pumped $1.1 billion into these companies during that time frame, according to SA¹ú¼Ê´«Ã½ data.

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