Historical and current end-of-day data provided by FACTSET. We founded Lyra to redefine access to high-quality mental health care for millions of people. The flywheel continues. But on the flip side, both employees and employers are asking for help. This browser is no longer supported at MarketWatch. "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 Therapeutics went public on April 2, 2020. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. 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. Mr. 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 more information, visit icasworld.com and follow us on LinkedIn. AI-Driven Medical Care? 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. "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. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. 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. Visit a quote page and your recently viewed tickers will be displayed here. 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. Who are the members of Lyra Therapeutics Board of Directors? How can I replace my lost stock certificates? If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. 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. 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 Health is a provider of comprehensive mental health care benefits for employers. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. WebPublic Sector Proposal Manager. Lyra Health has raised a total of $910.1M in funding over 8 rounds. Fundamental company data and analyst estimates provided by FactSet. 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 LOS ANGELES An indictment was unsealed today charging Terren S. Peizer, the CEO and Chairman of the Board of Directors of Ontrak Inc., a Henderson, Nevada-based 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. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Our calculations also 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. The firms proprietary XTreo deliver medicines. 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. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. 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. 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. When is Lyra Therapeutics fiscal year-end? It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. Lyra Health does not currently have an official ticker symbol because this company is still private. "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. BURLINGAME, Calif. , Jan. 19, 2022. 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. 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. Greater use of primary care services has long been associated with better health, better care, and lower costs. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. Something went wrong while loading Watchlist. Who is Lyra Therapeutics transfer agent and how do I contact them? Data may be intentionally delayed pursuant to supplier requirements. Edit Post-Money Valuation Data by PrivCo Section. 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. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. Shares can be purchased through a stockbroker of your choice. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? Prime Unicorn Index notes that the terms surrounding this Series E round include a pari passu liquidation preference with all other preferred, and conventional convertible, meaning they will not participate with common stock if there are remaining proceeds. 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. Where was Lyra Therapeutics incorporated? 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. 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. Which investors participated in the most funding rounds? About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Already registered? 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. "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. Lyra Therapeutics market cap history and chart from 2020 to 2022. 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. supports your people with: Instant access to individualized care, from self-guided programs and mental We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. 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. 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's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. 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. While it is not clear whether the company has closed the round, filings in Delaware usually appear after part or all of the funding has been secured. Burlingame, California-based Lyra Health wants to live in offices everywhere. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. WebLyra Therapeutics market cap history and chart from 2020 to 2022. Nearly 1 billion people worldwide suffer from a mental health disorder. 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. Addressing the industry misfit between needs and technology is key, and there are three areas that must improve. "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.". 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. 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. 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 has raised around $275 million to date. 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. Log in. International stock quotes are delayed as per exchange requirements. Copyright 2023 Forge Global, Inc. All rights reserved. Lyra Health 4.2. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. 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. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. When did Lyra Therapeutics go public? 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. Please check your download folder. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Will Retail Health Really Disrupt Healthcare? There are currently no items in this Watchlist. Copyright 2019 FactSet Research Systems Inc. All rights reserved. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. Lyra Therapeutics was founded in November 2005. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced I'm a senior writer covering healthcare technology. Lyra Therapeutics does not offer a direct stock purchase plan. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. 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. "Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. How much funding has this organization raised over time? Who can I contact if I am a member of the media? Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. Do the numbers hold clues to what lies ahead for the stock? 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. 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 quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 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 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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. 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. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. To read this article and more news on Lyra Health, register or login. 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. 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. One investor noted that the round has not closed yet. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. EPS $5.70-$6.50; FactSet consensus $6.72, Best Buy Q4 same-store sales down 9.3%, missing FactSet consensus for a decline of 5.5%, Best Buy Q4 revenue down 10% to $14.74 bln, tops the FactSet consensus $14.72 bln, Best Buy Q4 adj. Trusted by leading companies, including Genentech, a spokesperson says the biotech has seen a increase... Employers are asking for help for lyra Therapeutics that have not been answered, whom should I.... Quotes are updated in real-time regarding lyra Therapeutics Board of Directors viewed will... Setting a new standard for Global mental health care Stocks Moving in Monday 's After-Market,! 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