Something went wrong while loading Watchlist. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Kocher and Roberts continue to serve on the board, while Bravata left the company. Lyra Health, which provides mental health benefits for large employers, became the latest healthcare technology startup to hit unicorn status on Tuesday, following a $110 million Series D round. One such customer is Genentech, which began partnering with Lyra in October 2018. supports your people with: Instant access to individualized care, from self-guided programs and mental Kotb has not appeared live on Today since February 17. Intraday data delayed at least 15 minutes or per exchange requirements. Log in to see them here or sign up to get started. How can I replace my lost stock certificates? WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Help your people feel less anxious, more connected, and more effective at work. Lack of in-network therapists and long wait times led the firm to consider new solutions for their mental health benefits. After partnering with Lyra, 100% of BBH members have reported being satisfied or extremely satisfied with their care. We founded Lyra to redefine access to high-quality mental health care for millions of people. 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Data may be intentionally delayed pursuant to supplier requirements. On average, they predict the company's stock price to reach $17.50 in the next twelve months. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ --Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has completed a $235M financing. "We are excited to join our companies together to set a new standard for care around the world, along with exceptional service for businesses that make mental health and well-being a priority for their people.". After swirling media reports over the last few weeks that Lyra Health was raising a massive amount of new funding, the Burlingame-based mental health benefits "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. Transforming Access to Mental Health Care Around the WorldNearly 1 billion people worldwide suffer from a mental health disorder, yet more than 70% of people don't have access to the care they need. Mr. Our calculations also Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019 Refinitiv. Lyra delivers clinically proven mental health care for employees and family members across all facets of mental health, from wellness and preventive care to the most severe conditions. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. Copyright 2023 Forge Global, Inc. All rights reserved. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Nearly 1 billion people worldwide suffer from a mental health disorder. For more information and address change forms, contact American Stock Transfer by telephone at, Quarterly & Annual Reports and other investor materials, when available, can be found in, You can view our recent press releases by visiting the, For media inquiries please send an email to, You can view information on our development programs by visiting the, For investor related questions please send an email to, To request additional information, please visit our. Greater use of primary care services has long been associated with better health, better care, and lower costs. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Lyra Therapeutics Market Cap 2020-2022 | LYRA. 27, 2020 at 8:42 a.m. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ --Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has acquired ICAS World, a global employee assistance program provider with a network of care professionals who offer localized support for people in more than 155 countries and 66 languages. WhatsApp acquired by Facebook). Lyra Therapeutics transfer agent is American Stock Transfer & Trust Company, LLC (American Stock Transfer): Please contact our transfer agent, American Stock Transfer, by telephone at, You must send both your old and new addresses to our transfer agent, American Stock Transfer, by U.S. mail. "Mental health issues are much more pervasive than is commonly known, and Lyra is thoughtfully redefining access to care by providing broad-based solutions through employers. Lyra Health is a private company and not publicly traded. An indictment was unsealed today charging Terren S. Peizer, the CEO and Chairman of the Board of Directors of Ontrak Inc., a publicly traded health care company, for allegedly engaging in an insider trading scheme in which he fraudulently used Rule 10b5-1 trading plans to trade Ontrak stock. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. Have Watchlists? Change value during other periods is calculated as the difference between the last trade and the most recent settle. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. Burlingame, California-based Lyra Health wants to live in offices everywhere. This means international expansion and investment in more clinical services, as well as expanding the companys market segment beyond large employers and aiming at government and commercial health plans. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. Dragoneer has been an investor in companies such as Airbnb, Alibaba, Atlassian, AppFolio, Bytedance, Carbon Health, Ceridian, Chime, Datadog, Doordash, Duck Creek, Livongo, Maven, PointClickCare, Procore, Slack, Samsara, ServiceTitan, Snowflake, Spotify, Uber, UiPath, and others. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. You can also learn more about how to sell your private shares before getting started. The Burlingame, California-based company expects to hit more than $100 million in revenue by the end of the year, and the latest funding round brings its valuation to $1.1 billion, according to a company representative. Please check your download folder. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 Peizer is Because of Covid, economic uncertainty, and conversations around racial injustice, people are really struggling even more, and it's an important time to invest in a service that really will be there for their employees when they need it, says Ebersman, who previously served as chief financial officer of Genentech and Facebook. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. The all time high for this statistics is 8. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. There have been a number of categories of technology that have seen a bump of usage and interest during this coronavirus pandemic, and sadly or perhaps usefully, depending on how you look at it mental health and wellness startups, aimed at helping our well-being in this trying time, have been one of them. from 8 AM - 9 PM ET. Lyra cofounder and CEO David Ebersman says customers are looking to launch the platform right away, instead of waiting for the typical January 1 fiscal year cycle for health benefits. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Lyra Health has raised a total of $910.1M in funding over 8 rounds. Lyra, which offers an easy-to-use digital platform to connect people with mental health providers, has around 1.5 million members so far, adding more than 800,000 people since the start of the pandemic. In the latest development, it emerged that Lyra Health, a platform that focuses on providing workforces with mental health care, has filed paperwork to raise a $175 million Series E at a $2.25 billion valuation. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? Do the numbers hold clues to what lies ahead for the stock? Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. Discover how retail giants and tech firms will bring revolutionary changes to healthcare delivery by 2023 and beyond - learn more about the potential of retail healthcare dominating the market share. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. Cookie Notice (). ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. The company sold 3.5 millio Lyra Therapeutics Inc. set terms for its planned initial public offering on Monday, saying it will offer 3.5 million shares priced at $14 to $16 each. ICAS provides counselling services 24/7, 365 days a year through a direct network of 49 local offices and a total presence in 155 countries delivering services using more than 40,000 mental health providers. Before the pandemic, the trends were shifting in favor of both increased use of telemedicine and behavioral health services, but no one could have predicted just how rapid the acceleration would be. The firms proprietary XTreo deliver medicines. The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. No significant news for in the past two years. Lyra Therapeutics market cap as of March 01, 2023 is. Lyra Therapeutics went public on April 2, 2020. We are reaching out to the company and investors for a response to the filing. Source: Kantar Media. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. As with Discord which confirmed a $100 million round just six months after raising $100 million Lyra Health also recently raised funding specifically a $110 million Series D that catapulted it above a $1 billion valuation. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. Their LYRA share price forecasts range from $15.00 to $20.00. A Health Data Reality Check, The Time Has Come For Expanding Health Savings Accounts, Why Silicon Valley Is Failing To Address Health Equity, Meet Americas Best Startup Employers 2022, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Forbes, in partnership with Statista, presents our fourth annual ranking of the best up-and-coming companies to work for in the U.S. Use Forbes logos and quotes in your marketing. The Company transforms behavioral health care through technology with a human touch. "Her deep expertise in finance and operations at leading global organizations will be significant assets for Lyra as we work together to provide a single source for effective mental health care for the world's greatest companies.". Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. WebLyra Therapeutics, Inc. Common Stock (LYRA) Add to Watchlist Add to Portfolio Quotes Summary Real-Time After-Hours Pre-Market Charts NEWS & ANALYSIS News Press Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. While a randomized controlled trial would be needed to truly determine clinical effectiveness, the study suggests that Lyras teletherapy model could potentially achieve faster results than the typical 12 to 16 weeks of standard treatment. Which funding types raised the most money? However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. The company helps employers give their employees a suite of safe and confidential tools to support their mental health needs. Their latest funding was raised on Jan 19, 2022 from a Series F round. Fallout As FIFA Appoints Supermodel Adriana Lima As Fan Ambassador Of Womens World Cup, FC Barcelona Officially Announce Signing Of Ronaldinhos Son Joao Mendes, Enhance Mental Health With A Culture Of Gratitude, Kohls Reports Unfavorable Year-End 2022 Results, It's Time To Get Rid Of The Biggest Con Job In Healthcare, Hoda Kotb Absent From Today Show Because Of Family Health Matter, Its Time To Embrace Mental Health Discussions In The Workplace. Where is Lyra Therapeutics corporate headquarters? Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. Shares can be purchased through a stockbroker of your choice. Will Retail Health Really Disrupt Healthcare? This acquisition accelerates Lyra's investment in making culturally responsive mental health care services, such as mental health assessments, coaching, therapy, and guided self-care available on a global scale. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? The acquisition builds on the successful existing partnership between the two companies. It feels different right now, he says. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. The stock price for Lyra Health will be known as it becomes public. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Lee Fixels new venture firm Addition led the round and was joined by Adams Street Partners, along with existing investors, including former Starbucks CEO Howard Schultz, Casdin Capital, Glynn Capital, Greylock Partners, IVP, Meritech Capital Partners, Providence Ventures and Tenaya Capital. Lyra Health 4.2. "Leading companies understand the immediate, critical need to provide effective mental health care for their employees and their families," said David Ebersman, Lyra Health CEO and co-founder. It also noted that Lyra Healths most recent price per share is $27.47, an up round from the Series D, which priced shares at $14.21. We are reaching out to the company and investors for a response to the filing. One investor noted that the round has not closed yet. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Its time to get rid of the biggest con job in healthcare. International stock quotes are delayed as per exchange requirements. One of the biggest challenges in the $280 billion behavioral health market is access, given that only a fraction of the people that actually need care, get it, says Thomas Bremner, partner at Adams Street Partners. from 8 AM - 9 PM ET. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Now the company has already raised its second funding round of 2021: according to a report from The Information, Lyra Health is raising another $200 million round, this time led by new investor hedge fund Coatue Management. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. Depression and anxiety alone cost the global economy an estimated $1 trillion each year. Who are the members of Lyra Therapeutics Board of Directors? This is a tricky space to play in, considering that mental health can still feel taboo in workplaces and employees might feel uncomfortable turning to their employers for support. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Lyra Health cofounder and CEO David Ebersman. Log in. 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Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Who is Lyra Therapeutics transfer agent and how do I contact them? Where can I find more information on Lyra Therapeutics R&D programs? We want to be able to offer targeted and effective approaches to everyone, says Ebersman. While the regular Lyra health benefit offers services for the whole family, the next step will be using this latest funding round to expand the Blended Care model to include services both for adolescents and couples. Does Lyra Therapeutics have a direct stock purchase plan? If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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