Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Please check your download folder. No significant news for in the past two years. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. Please check your download folder. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. The company helps employers give their employees a suite of safe and confidential tools to support their mental health needs. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 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. 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, from 8 AM - 9 PM ET. 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. How can I replace my lost stock certificates? Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. Through this acquisition, Lyra will now offer a single source for comprehensive, localized mental health care to more than 10 million members around the world. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. 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. 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. Full-time. Intraday Data provided by FACTSET and subject to terms of use. Log in to see them here or sign up to get started. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. Lyra has raised around $275 million to date. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Lyra Health Study Finds Managers Struggling to Handle Employee Mental Health Concerns, Lyra Health Introduces New Offerings to Support Whole Family Mental Health. Lyra Health serves patients worldwide. "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's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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 accredited investor. Peizer is 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. Lyra Health has raised a total of $910.1M in funding over 8 rounds. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. 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. 2023 Forbes Media LLC. 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. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? Their latest funding was raised on Jan 19, 2022 from a Series F round. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. The flywheel continues. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. 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. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. "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.". How do I report a change of mailing address? Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. 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. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Is Lyra Health a public company? 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 not currently paying a regular dividend. One such customer is Genentech, which began partnering with Lyra in October 2018. Lyra Health is a private company and not publicly traded. ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. Who are the members of Lyra Therapeutics Executive Team? Lyra Health is funded by 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. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 The company reported a drop in revenues of 7.7% in the fourth quarter 2022. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. 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. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. 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. 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. Addressing the industry misfit between needs and technology is key, and there are three areas that must improve. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. 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. Its time to get rid of the biggest con job in healthcare. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. 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 Therapeutics Market Cap 2020-2022 | LYRA. He later jumped to Facebook, where he served as CFO, as well as a board member for Castlight Health. We founded Lyra to redefine access to high-quality mental health care for millions of people. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Questions Scientists Should Now Explore With Respect To Covid-19, Sustainable Development A Smart Solution for Africa and the Middle East, Eli Lilly To Lower Insulin Prices And Introduce A $35 Out-Of-Pocket Monthly Cap For Commercially Insured And Uninsured Diabetics, The Amazon-One Medical, CVS-Oak Street Mashup: A Cautionary Note On Retails Incursion Into Healthcare Delivery, Colonial, PMHS PTA Leaders Call on School Board to Do More to Fight Hate and Bias After Swastika Found at High School, Making Back to School Better Than Ever, Dutch Judges To Decide Whether Humiras Price And AbbVies Profits Are Too High, human resources software automation company Rippling, study published in the Journal of Medical Internet Research. "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, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. 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. BURLINGAME, Calif. , Jan. 19, 2022. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. LYRA | Lyra Therapeutics Inc. Stock Price & 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. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. Around 50 million people in the U.S. have a mental health condition, and the Covid-19 pandemic is exacerbating two of the most common: anxiety and depression. 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. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 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. 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. The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. Copyright 2019 FactSet Research Systems Inc. All rights reserved. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. 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. Have Watchlists? Thats where one of Lyras flagship products comes in: Blended Care. Will Retail Health Really Disrupt Healthcare? Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Lyra Health Study Finds Managers Struggling to Handle Employee Mental Health Concerns, Lyra Health Introduces New Offerings to Support Whole Family Mental Health. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Shares can be purchased through a stockbroker of your choice. I'm a senior writer covering healthcare technology. Who are the members of Lyra Therapeutics Board of Directors? Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to 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. WebLyra Health, Inc. provides healthcare services. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. When typing in this field, a list of search results will appear and be automatically updated as you type. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. Create a list of the investments you want to track. 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. 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 is a provider of comprehensive mental health care benefits for employers. Kotb has not appeared live on Today since February 17. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. Lyra Therapeutics went public on April 2, 2020. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. Where can I find more information on Lyra Therapeutics R&D programs? 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. 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. Already registered? 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. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Lyra Therapeutics went public on April 2, 2020. Addressing a Global CrisisMental health is a global crisis. Each stockholder in question must sign the request for an address change. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. For more information, visit icasworld.com and follow us on LinkedIn. Lyra Therapeutics does not offer a direct stock purchase plan. This browser is no longer supported at MarketWatch. "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.". Mental health startups typically focus on treating anxiety and depression. Edit Post-Money Valuation Data by PrivCo Section. How can I sign up to receive Lyra Therapeutics press releases and other company information? Lyra Therapeutics Inc. is based in Watertown, Mass. Update: Discord confirms raising $100M at a valuation of $7B. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. Log in. Lyra Health 4.2. Kocher and Roberts continue to serve on the board, while Bravata left the company. "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. AI-Driven Medical Care? It feels different right now, he says. Nearly 1 billion people worldwide suffer from a mental health disorder. When typing in this field, a list of search results will appear and be automatically updated as you type. Where can I find recent Lyra Therapeutics press releases? WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. Which investors participated in the most funding rounds? "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". Lyra Therapeutics market cap history and chart from 2020 to 2022. EPS $2.61 vs. $2.73 a year ago, beats the FactSet consensus $2.10; stock gains 0.3% premarket, Key question for stock-market investors: Take profits or sit tight in make or break March, Lyra Therapeutics prices IPO at $16 a share, high end of price range, Lyra Therapeutics Completes Trial Enrollment for LYR-220 Rhinosinusitis Treatment, These 5 biotech busted IPOs look attractive now that the sectorwide selloff seems over, Lyra Therapeutics, e.l.f. , ICAS has 35 years ' experience in contributing to the company one-on-one video sessions with digital exercises reinforce. October 2018 change of mailing address company and not publicly traded how Forge might help you Buy shares... Them here or sign up to get rid of the biggest con job healthcare! Should I contact lyra health 's Workforce mental health care benefits for employers the past two years nearly billion. As you type health grabbed $ 235 million in Weight Watchers should I contact ' shares to 2022 Employed... 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