# Lyric

**Source:** https://www.startuphub.ai/startups/lyric
**Profile type:** Startup

> AI-powered platform for personalized music creation and licensing.

## About

Lyric provides healthcare decision intelligence for payment accuracy, cutting administrative waste by applying policy, data, AI, and clinical review after care and before payment. Their solutions help health plans verify claims against policy, codes, and documentation, ensuring accurate and explainable payment decisions. Lyric serves U.S. health plans, with a significant portion of the top plans relying on their platform.

## Key facts

- **Slug:** lyric
- **Website:** https://www.lyric.ai/
- **Location:** San Francisco, United States
- **Founded:** 2015-01-01
- **Employees:** 488
- **Operating status:** Active
- **Total funding:** $221M
- **Sectors / tags:** Generative AI, Music Tech, Creator Economy, AI Tools & Apps, Foundation Model
- **Social:**
  - LinkedIn: http://linkedin.com/company/lyric-clarity-in-motion
  - Facebook: http://www.facebook.com/2008

## Frequently asked

### What does Lyric do?

Lyric provides healthcare decision intelligence for payment accuracy, cutting administrative waste by applying policy, data, AI, and clinical review after care and before payment. Their solutions help health plans verify claims against policy, codes, and documentation, ensuring accurate and explainable payment decisions. Lyric serves U.S. health plans, with a significant portion of the top plans relying on their platform.

### What is Lyric's valuation?

StartupHub estimates Lyric's effective valuation at $339 (range $237 to $440, 30% confidence), based on comparable companies in the sector.

### How much funding has Lyric raised?

Lyric has raised a total of $221M in funding. The most recent round on record is Series B.

### Where is Lyric headquartered?

Lyric is headquartered in San Francisco, United States.

### When was Lyric founded?

Lyric was founded in 2015.

### What industry does Lyric operate in?

Lyric operates in Generative AI, Music Tech, Creator Economy, AI Tools & Apps, Foundation Model.

### How many employees does Lyric have?

Lyric has approximately 488 people on record.

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