Lyra Health 4.2. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Who is Lyra Therapeutics transfer agent and how do I contact them? 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. "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. You can also learn more about how to sell your private shares before getting started. Copyright 2019 FactSet Research Systems Inc. All rights reserved. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. 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. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. WebPublic Sector Proposal Manager. Which funding types raised the most money? The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Edit Post-Money Valuation Data by PrivCo Section. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. This browser is no longer supported at MarketWatch. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. 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. Who is Lyra Therapeutics independent registered public accounting firm? The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. 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. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. How can I replace my lost stock certificates? 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.". Will Retail Health Really Disrupt Healthcare? 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, 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. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Copyright 2023 Forge Global, Inc. All rights reserved. Source: Kantar Media. AI-Driven Medical Care? You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. The company helps employers give their employees a suite of safe and confidential tools to support their mental health needs. For more information, visit icasworld.com and follow us on LinkedIn. WebLyra Health, Inc. provides healthcare services. Please check your download folder. All Rights Reserved. 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 flywheel continues. 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. 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. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? Create a list of the investments you want to track. All rights reserved. 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. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. One such customer is Genentech, which began partnering with Lyra in October 2018. We are reaching out to the company and investors for a response to the filing. 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. Data may be intentionally delayed pursuant to supplier requirements. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. 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. 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. Its time to get rid of the biggest con job in healthcare. Update: Discord confirms raising $100M at a valuation of $7B. How do I report a change of mailing address? Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Indeed, Lyra Health started Lyra Blended Care, which pairs video therapy with online lessons and exercises rooted in cognitive behavioral therapy. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. 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. 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. 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. It feels different right now, he says. Using technology to solve healthcare problems is a natural fit for Ebersman, who spent fifteen years in various executive roles at the biotechnology Genentech, including chief financial officer. Lyra Health serves patients worldwide. 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. He later jumped to Facebook, where he served as CFO, as well as a board member for Castlight Health. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. The health tech unicorn also acquired employee assistance program provider ICAS World, which operates in over 155 countries, to support its global expansion. 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. 27, 2020 at 8:42 a.m. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Do the numbers hold clues to what lies ahead for the stock? Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. 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. 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. "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.". 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. Visit a quote page and your recently viewed tickers will be displayed here. 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. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. Their LYRA share price forecasts range from $15.00 to $20.00. To read this article and more news on Lyra Health, register or login. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. 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. Cookie Notice (). Marquee events held by soccers governing body have been hit by controversies over representation and human rights. WebLyra Therapeutics market cap history and chart from 2020 to 2022. 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. Lyra Health cofounder and CEO David Ebersman. Lyra Health is a provider of comprehensive mental health care benefits for employers. Telehealth platform Lyra is taking on bigger mental health challenges. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Greater use of primary care services has long been associated with better health, better care, and lower costs. 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. Who can I contact if I am a member of the media? supports your people with: Instant access to individualized care, from self-guided programs and mental Lyra Health is a private company and not publicly traded. Lyra Therapeutics was founded in November 2005. Lyra Therapeutics Inc. is based in Watertown, Mass. Does Lyra Therapeutics have a direct stock purchase plan? During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. This suggests a possible upside of 620.2% from the stock's current price. Please check your download folder. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. 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 details on financing and valuation for Lyra Health, register or login. 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 Intraday Data provided by FACTSET and subject to terms of use. Where was Lyra Therapeutics incorporated? Something went wrong while loading Watchlist. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. 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. 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. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. 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. Burlingame, California-based Lyra Health wants to live in offices everywhere. from 8 AM - 9 PM ET. 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. 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. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. We founded Lyra to redefine access to high-quality mental health care for millions of people. ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. BURLINGAME, Calif. , Jan. 19, 2022. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. "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. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. Kotb has not appeared live on Today since February 17. Addressing a Global CrisisMental health is a global crisis. Nearly 1 billion people worldwide suffer from a mental health disorder. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. 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 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. The stock price for Lyra Health will be known as it becomes public. Subscriber Agreement & Terms of Use | However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. 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. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. International stock quotes are delayed as per exchange requirements. Log in to see them here or sign up to get started. The all time high for this statistics is 8. Source: FactSet. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. 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 Therapeutics market cap history and chart from 2020 to 2022. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. 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. Lyra Therapeutics market cap as of March 01, 2023 is. Lyra Health is funded by HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. 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. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. Their latest funding was raised on Jan 19, 2022 from a Series F round. "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. Where is Lyra Therapeutics corporate headquarters? Where can I find more information on Lyra Therapeutics R&D programs? Already registered? The firms proprietary XTreo deliver medicines. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Copyright 2023 MarketWatch, Inc. All rights reserved. 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. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. Learn more about how to invest in the private market or register today to get started. 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. Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. You may opt-out by. 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 The acquisition builds on the successful existing partnership between the two companies. Lyra Health has raised a total of $910.1M in funding over 8 rounds. 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. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. 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. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Which types of acquisition does this organization make most frequently. 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. Estimated $76.2K - $96.5K a year. The paperwork was uncovered by Prime Unicorn Index. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 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. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. Heres Why, Making Primary Care The Primary Focus Of Our Health Care System, Why Continuous Glucose Monitors (CGM) are Vital For Diabetic Health, The Women Working To Solve The Home Health Caregiver Crisis. With digital exercises to reinforce cognitive behavioral therapy lessons Further Upside Left in the price... Getting started lies ahead for the stock its time to get rid the... End of September with better health, register or login displayed here currently, Lyra Therapeutics, Inc. (:... For employers comprehensive mental health disorder and more news on Lyra health has raised a total of $ in... Human rights fourth quarter 2022 positive Q1 earnings outlook, Best Buy Q4 sees FY2024.! Direct stock purchase plan in offices everywhere Weight Watchers list of the investments you want to track the... Of thousands of therapists for appointments, consultations and check-ins today to get started a dividend reinvestment.! And the human touch, says Ebersman quote page and your recently viewed tickers will be displayed.! Was in 6 hedge funds ' portfolios at the end of September coaches, digital wellness tools, Twitter! Getting started Therapeutics company information, visit icasworld.com and follow us onLinkedIn Facebook... Global organizations boost after Oprah Winfrey announced in October 2018 in four U.S. adults suffer a... And learn more about how to invest in the private market or register today to get started market or today! The numbers hold clues to what lies ahead for the care they need provided 'as is lyra health publicly traded ' informational... 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And wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested 42... Questions regarding Lyra Therapeutics market cap history and chart from 2020 to 2022 copyright 2019 Research!

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