Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. How do I contact Investor Relations with a question or request? Will Retail Health Really Disrupt Healthcare? The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. Burlingame, California-based Lyra Health wants to live in offices everywhere. To read this article and more news on Lyra Health, register or login. Which types of acquisition does this organization make most frequently. Lyra Health has raised $926.79MM with the following series: Any securities offered are offered by Forge Securities LLC, a registered Broker Dealer and member FINRA / SIPC. 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. This browser is no longer supported at MarketWatch. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. 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. Lyra Health cofounder and CEO David Ebersman. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. For more information, visit icasworld.com and follow us on LinkedIn. Have Watchlists? Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Already registered? It feels different right now, he says. 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. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. Telehealth platform Lyra is taking on bigger mental health challenges. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy With the new funding, Lyra will accelerate its delivery of comprehensive, evidence-based, culturally responsive mental health care benefits for employees and their families around the world. Please check your download folder. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. "Providing high-quality mental health care for diverse employee populations around the world is one of the most critical and challenging issues for employers today. Lyra Health does not currently have an official ticker symbol because this company is still private. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. 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 Therapeutics market cap as of March 01, 2023 is. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. When typing in this field, a list of search results will appear and be automatically updated as you type. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. As employers grapple with the fallout of the coronavirus pandemic, theres a reckoning taking place in human resources departments around the country: the need for better mental healthcare for employees. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. He later jumped to Facebook, where he served as CFO, as well as a board member for Castlight Health. In 2015, Ebersman cofounded Lyra Health with two Venrock partners and Castlight investors, Bob Kocher and Bryan Roberts, as well as Dena Bravata, Castlights chief medical officer. 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. Historical and current end-of-day data provided by FACTSET. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. The flywheel continues. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. The Company transforms behavioral health care through technology with a human touch. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. LYRA is not currently paying a regular dividend. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. Tech-enabled mental health care has found tailwinds as the coronavirus pandemic leads to a surge of telehealth, as in-person doctors appointments could leave patients at risk. Privacy Notice | Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. 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. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. 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. Lyra Health is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an 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. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The average person when starting care in 2020 is feeling more anxious and more depressed than we've seen in any prior year, says Ebersman. 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. Cookie Notice (). When typing in this field, a list of search results will appear and be automatically updated as you type. Who are the members of Lyra Therapeutics Executive Team? 2023 Forbes Media LLC. For the best MarketWatch.com experience, please update to a modern browser. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. 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. When did Lyra Therapeutics go public? If you own Lyra Health pre-IPO shares and are considering selling, you can find what your shares could be worth on Forges secondary marketplace. Lyra Therapeutics went public on April 2, 2020. 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. Subscriber Agreement & Terms of Use | Which investors participated in the most funding rounds? WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 The firms proprietary XTreo deliver medicines. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. "As the demand for mental health care accelerates worldwide, I am honored to join them in the quest to deliver a powerful support system for companies and their employees. Something went wrong while loading Watchlist. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. How can I sign up to receive Lyra Therapeutics press releases and other company information? 27, 2020 at 8:42 a.m. Intraday data delayed at least 15 minutes or per exchange requirements. 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. Please check your download folder. Mr. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. Each stockholder in question must sign the request for an address change. The home health crisis impacts not only a vulnerable workforce, but the patients and families who find themselves navigating complicated logistical and emotionally fraught issues as they attempt to find long-term care for their loved ones. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. 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 Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. Visit a quote page and your recently viewed tickers will be displayed here. Who is Lyra Therapeutics transfer agent and how do I contact them? HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Learn more about how to invest in the private market or register today to get started. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Even the spread of remote work is part of the problem: As everyone stays at home, the lack of interaction and watercooler chat has left employees without in-person interaction. January 19, 2022 08:00 AM EDT, BURLINGAME, Calif. Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has completed a $235M financing. You can foster gratitude for yourself, and organizations can cultivate cultures of gratitudeand these will have positive effects for people and their mental health as well as for business. We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. Mental health startups typically focus on treating anxiety and depression. 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. You can also learn more about how to sell your private shares before getting started. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). WebLyra Therapeutics market cap history and chart from 2020 to 2022. Kocher and Roberts continue to serve on the board, while Bravata left the company. WebLyra Health, Inc. provides healthcare services. Is Lyra Health a public company? /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced Log in. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. 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. Full-time. Lyra Therapeutics went public on April 2, 2020. Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. There are currently no items in this Watchlist. Remote. You may opt-out by. The paperwork was uncovered by Prime Unicorn Index. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. Lyra Therapeutics was founded in November 2005. Sisco is currently co-president and chief financial officer at Workday. Where was Lyra Therapeutics incorporated? Lyra has raised around $275 million to date. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Copyright 2023 MarketWatch, Inc. All rights reserved. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. When is Lyra Therapeutics fiscal year-end? Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. 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. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 Its time to get rid of the biggest con job in healthcare. Addressing the industry misfit between needs and technology is key, and there are three areas that must improve. BURLINGAME, Calif. , Jan. 19, 2022. Around one in four U.S. adults suffer from a diagnosable mental health condition and depression is one of the leading causes of disability worldwide. Aside from the disclosure on some surveys, Lyra has laid out its data practices in a privacy policy, a more than 5,000-word document that lives at the bottom of its website. The company says the data sharing complies with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which regulates the use of health information. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. Lyra Health is a provider of comprehensive mental health care benefits 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 In her distinguished career, Sisco has held senior finance roles at VMware, VeriSign, and Oracle and she brings to Lyra more than 30 years of experience in corporate finance, accounting operations, investor relations, legal, and procurement. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. "Lyra's innovative, evidence-based approach to delivering mental health care, combined with ICAS's extensive local provider network, transforms access to quality mental health care for organizations and their employees and families," said Andrew Davies, CEO of ICAS. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. from 8 AM - 9 PM ET. Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. Their LYRA share price forecasts range from $15.00 to $20.00. 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. Peizer is A study published in the Journal of Medical Internet Research, led by Lyras director of clinical product Anita Lungu, recorded a significant decrease in anxiety or depression symptoms after 5 sessions among 385 patients, although it did not include a control group. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. Beauty, and Avid Tech See Activist Action, Lyra Therapeutics shares soar 32% in trading debut, Lyra Therapeutics raises $56 million in IPO, priced at high end of range, Lyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. Lyell Immunopharma (LYEL) Reports Q4 Loss, Tops Revenue Estimates, Theravance Biopharma (TBPH) Reports Q4 Loss, Lags Revenue Estimates, PTC Therapeutics (PTCT) Reports Q4 Loss, Misses Revenue Estimates, Sage Therapeutics, Inc. (SAGE) Reports Q4 Loss, Tops Revenue Estimates, Analysts Offer Insights on Healthcare Companies: Cigna (CI), Idexx Laboratories (IDXX) and Lyra Therapeutics (LYRA), Stocks That Hit 52-Week Lows On Wednesday, Lyra Therapeutics, Inc. (LYRA) Reports Q3 Loss, Misses Revenue Estimates, Important Biotech Catalysts For September 13, 2022 - End Of The Day Summary, Lyra's Mid-Stage Chronic Rhinosinusitis Candidate Study Progressed, Shares Fall, Important Biotech Catalysts For September 8, 2022 - End Of The Day Summary, Lyra Therapeutics's Return On Capital Employed Overview, Lyra Therapeutics, Inc. (LYRA) Reports Q2 Loss, Lags Revenue Estimates. Which funding types raised the most money? Lyra Health is a private company and not publicly traded. AI-Driven Medical Care? Lyra is transforming mental health care using intelligent matching technology, concierge support, and an innovative digital platform to deliver a frictionless experience for members, providers, and employers. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly Lyra Health is funded by Lyra Therapeutics Market Cap 2020-2022 | LYRA. Intraday Data provided by FACTSET and subject to terms of use. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. 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. 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. Create a list of the investments you want to track. 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. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 How can I replace my lost stock certificates? In a rapidly changing, uncertain and stressful time in history, the mental health and wellbeing of employees has never been more at riskor more important for employers to invest in. "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. Source: Kantar Media. 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. Depression and anxiety alone cost the global economy an estimated $1 trillion each year. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to cross the $1 billion dollar valuation mark, along with AI-powered sales startup Gong and human resources software automation company Rippling. The clinical stage therapeutics company, which specializes in ear, nos Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of 4.76% and 12.44%, respectively, for the quarter ended September 2022. How much funding has this organization raised over time? Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. 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. Log in to see them here or sign up to get started. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Lyra Health serves patients worldwide. On average, they predict the company's stock price to reach $17.50 in the next twelve months. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. N.V., Ontrak is an AI-powered Health technology company member for Castlight Health be... Purposes only and are not intended for trading purposes on bigger mental Health solutions will reach! 3.5 million shares in planned IPO, priced at $ 14 to $ 20.00 help. Nasdaq global Select Market under the symbol Lyra suffer from a diagnosable mental Health solutions will reach. One Investor noted that the round has not closed yet Lyra, 100 % of BBH members reported... 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