FundedIQ
Financial Services

Lyric: Funding, Investors & Team (Oct 2026)

Lyric, an organization based in King of Prussia, Pennsylvania, offers healthcare payers payment accuracy solutions. By utilizing guideline-based edits derived from reputable sources like the AMA, CMS, and respected medical societies, Lyric enhances the precision of claims, resulting in improved return on investment and decreased administrative and other expenses. Additionally, the company provides consulting services, data analytics, and tailored solutions to cater to the unique requirements of various payers.

lyric.ai LinkedIn King Of Prussia, United States 101-250 employees
Consumer Software Health Care Payments
Total raised
$90.9M
Rounds
1
Latest
Undisclosed round
Aug 2023

Lyric has raised $90.9M across 1 funding round on record, the most recent an undisclosed round of $90.9M announced in Aug 2023.

That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Lyric Company Profile and Key Stats

Total funding raised
$90.9M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$90.9M in Aug 2023
Employees
101-250
reported band
Headquarters
King Of Prussia, United States

Latest funding round on record: Aug 2023.

Lyric Funding Rounds

Date
Round
Amount
Undisclosed round
$90.9M

Lyric Founders and Leadership Team

Name
Role
Contact
Rey Colon
CEO
—

No contact details are on record for this team yet.

Lyric Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Lyric's latest round of $90.9M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Lyric in Financial Services and King Of Prussia

Companies Similar to Lyric

Lyric Funding FAQs

What does Lyric do?

Lyric, an organization based in King of Prussia, Pennsylvania, offers healthcare payers payment accuracy solutions. By utilizing guideline-based edits derived from reputable sources like the AMA, CMS, and respected medical societies, Lyric enhances the precision of claims, resulting in improved return on investment and decreased administrative and other expenses. Additionally, the company provides consulting services, data analytics, and tailored solutions to cater to the unique requirements of various payers.

How much funding has Lyric raised?

Lyric has raised $90.9M across 1 round on record. The most recent is an undisclosed round of $90.9M announced in Aug 2023.

When did Lyric last raise funding?

Lyric's most recent funding round on record is an undisclosed round of $90.9M, announced in Aug 2023.

Who is the CEO of Lyric?

Rey Colon is listed as CEO at Lyric.

Where is Lyric headquartered?

Lyric is based in King Of Prussia, Pennsylvania, United States.

How many employees does Lyric have?

Lyric is in the 101-250 employee band.

How does Lyric's funding compare to other Financial Services startups?

Lyric's latest round of $90.9M is above the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.

About FundedIQ's Lyric Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Lyric is left off this page rather than filled in.

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