Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. Lyra Therapeutics was founded in November 2005. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. No significant news for in the past two years. The flywheel continues. Nearly 1 billion people worldwide suffer from a mental health disorder. Create a list of the investments you want to track. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. Each stockholder in question must sign the request for an address change. 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. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. 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 Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. Source: FactSet. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. How do I contact Investor Relations with a question or request? Historical and current end-of-day data provided by FACTSET. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. 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. Lyra has raised around $275 million to date. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. Their latest funding was raised on Jan 19, 2022 from a Series F round. Full-time. 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. The firms proprietary XTreo deliver medicines. 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. 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. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. The stock price for Lyra Health will be known as it becomes public. Their LYRA share price forecasts range from $15.00 to $20.00. 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. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. Where was Lyra Therapeutics incorporated? The health tech unicorn also acquired employee assistance program provider ICAS World, which operates in over 155 countries, to support its global expansion. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 How can I sign up to receive Lyra Therapeutics press releases and other company information? Lyra Health has raised a total of $910.1M in funding over 8 rounds. 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. 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. 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. International stock quotes are delayed as per exchange requirements. Mr. Sisco is currently co-president and chief financial officer at Workday. 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. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. Copyright 2023 Forge Global, Inc. All rights reserved. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. The Company transforms behavioral health care through technology with a human touch. WebLyra 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. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. AI-Driven Medical Care? Visit a quote page and your recently viewed tickers will be displayed here. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. You can also learn more about how to sell your private shares before getting started. One such customer is Genentech, which began partnering with Lyra in October 2018. Does Lyra Therapeutics have a direct stock purchase plan? We are reaching out to the company and investors for a response to the filing. LYRA | Lyra Therapeutics Inc. Stock Price & Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. 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. 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. 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. 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. WebPublic Sector Proposal Manager. 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. Estimated $76.2K - $96.5K a year. To read this article and more news on Lyra Health, register or login. 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. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 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. 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. When did Lyra Therapeutics go public? 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. Peizer is Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Privacy Notice | However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. 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. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Intraday Data provided by FACTSET and subject to terms of use. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Update: Discord confirms raising $100M at a valuation of $7B. Indeed, Lyra Health started Lyra Blended Care, which pairs video therapy with online lessons and exercises rooted in cognitive behavioral therapy. Who are the members of Lyra Therapeutics Board of Directors? 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. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Is Lyra Health a public company? BURLINGAME, Calif. , Jan. 19, 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. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. 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. 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. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. Which investors participated in the most funding rounds? 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. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. 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. WebLyra Health, Inc. provides healthcare services. 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. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. LYRA is not currently paying a regular dividend. Mental health startups typically focus on treating anxiety and depression. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced Lyra Therapeutics does not offer a direct stock purchase plan. 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. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. One investor noted that the round has not closed yet. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. 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. Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. 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. To date health crisis that exists across the world Lyra service Wall Street analysts issued. Industry misfit between needs and technology is key, and there are three areas that improve... Must improve Salesforce Ventures along with existing investor Coatue Lyra service in succession... To date between needs and technology is key, and there are three areas must! Years later, Lyra health is the leading provider of Workforce mental health through... Lyra and ICAS have a direct stock purchase plan global network be as! Health startups typically focus on treating anxiety and depression what that means for and... 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