Lyra Health is a provider of comprehensive mental health care benefits for employers. 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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. Lyra Therapeutics market cap history and chart from 2020 to 2022. 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. Already registered? from 8 AM - 9 PM ET. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. Which investors participated in the most funding rounds? 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. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. 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. 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. When did Lyra Therapeutics go public? Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. "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. 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. How do I contact Investor Relations with a question or request? Mr. Our calculations also Historical and current end-of-day data provided by FACTSET. Where can I find more information on Lyra Therapeutics R&D programs? Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. Adding ICAS and its localized services in 155 countries is a transformational step as we strive to become the global leader in mental health care and the gold standard for providing fast access to the highest quality care.". Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. 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. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Shares can be purchased through a stockbroker of your choice. 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. "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. 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. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. 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. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. By registering, you agree to Forges Terms of Use. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. LYRA is not currently paying a regular dividend. Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. 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. 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. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. Lyra Therapeutics does not offer a direct stock purchase plan. WhatsApp acquired by Facebook). During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". Lyra Therapeutics was founded in November 2005. Source: FactSet. 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. Copyright 2019 FactSet Research Systems Inc. All rights reserved. How can I sign up to receive Lyra Therapeutics press releases and other company information? No significant news for in the past two years. 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 It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. 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. Will Retail Health Really Disrupt Healthcare? The all time high for this statistics is 8. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. 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, Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Which types of acquisition does this organization make most frequently. 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. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 One of the keys to the companys success is using clinical measurement tools to establish improvement over time. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. The Company transforms behavioral health care through technology with a human touch. WebLyra Therapeutics market cap history and chart from 2020 to 2022. Lyra Therapeutics went public on April 2, 2020. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. For more information, visit icasworld.com and follow us on LinkedIn. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Who can I contact if I am a member of the media? 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. "I've known David for over 10 years, and his focus on one of the world's most important topics, addressing and solving mental health care, is truly inspiring," said Marc Stad, Founder and Managing Partner at Dragoneer. 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. 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. "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.". 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. 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. 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. International stock quotes are delayed as per exchange requirements. Their LYRA share price forecasts range from $15.00 to $20.00. 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. Telehealth platform Lyra is taking on bigger mental health challenges. 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 "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.". 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. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. 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. How much funding has this organization raised over time? LYRA | Lyra Therapeutics Inc. Stock Price & Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Full-time. As reported by Forbes, Lyra Health was set to bring in around $100 million in revenue by the end of the year at the time of its prior fundraise. 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. 2023 Forbes Media LLC. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. Please check your download folder. Estimated $76.2K - $96.5K a year. 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. Lyra Therapeutics was incorporated as a Delaware corporation on November 21, 2005 under the name WMR Biomedical, Inc. On July 16, 2018, the name was formally changed to Lyra Therapeutics, Inc. You can view our Board of Directors by visiting the, You can view our management team by visiting the. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. 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. 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. Privacy Notice | Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. How do I report a change of mailing address? Do the numbers hold clues to what lies ahead for the stock? Update: Discord confirms raising $100M at a valuation of $7B. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. All Rights Reserved. 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 quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Lyra Health 4.2. 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. 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. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. Is Lyra Health a public company? With this additional capital, Lyra will have the opportunity to further distinguish itself as the leader in mental health domestically and expand internationally to address a global need.". This browser is no longer supported at MarketWatch. Visit a quote page and your recently viewed tickers will be displayed here. Lyra Therapeutics Market Cap 2020-2022 | LYRA. Fundamental company data and analyst estimates provided by FactSet. Something went wrong while loading Watchlist. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. 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. Shares of Lyra Therapeutics Inc. , a biotech specializing in treatments for ear, nose and throat diseases, soared 32% in their trading debut Friday, after the company's initial public offering priced at the top end of the Lyra Therapeutics Inc. , a biotech specializing in treatments for ear, nose and throat diseases, priced its initial public offering late Thursday at $16 a share, the high end of its price range. 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. Which funding types raised the most money? Lyra Health does not currently have an official ticker symbol because this company is still private. 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. There are currently no items in this Watchlist. 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. Who are the members of Lyra Therapeutics Executive Team? It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. 27, 2020 at 8:42 a.m. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Just last week, the meditation app Calm raised $75 million at a $2 billion valuation. 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. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. "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 feels different right now, he says. Lyra Therapeutics market cap as of March 01, 2023 is. Who is Lyra Therapeutics independent registered public accounting firm? Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. Lyra has raised around $275 million to date. To read this article and more news on Lyra Health, register or login. Lyra Therapeutics went public on April 2, 2020. You may opt-out by. supports your people with: Instant access to individualized care, from self-guided programs and mental We are reaching out to the company and investors for a response to the filing. Lyra Therapeutics Inc. is based in Watertown, Mass. 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. 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. 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. 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. Edit Post-Money Valuation Data by PrivCo Section. Mental health startups typically focus on treating anxiety and depression. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. 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. Do the numbers hold clues to what lies ahead for the stock? Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. 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. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Each stockholder in question must sign the request for an address change. 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 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Where is Lyra Therapeutics corporate headquarters? 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 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. Nearly 1 billion people worldwide suffer from a mental health disorder. 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. We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. 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. Who is Lyra Therapeutics transfer agent and how do I contact them? For the best MarketWatch.com experience, please update to a modern browser. 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. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Where can I find recent Lyra Therapeutics press releases? 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. 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. 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. Greater use of primary care services has long been associated with better health, better care, and lower costs. 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.