One such customer is Genentech, which began partnering with Lyra in October 2018. 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. 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, About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Lyra has raised around $275 million to date. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Fundamental company data and analyst estimates provided by FactSet. Lyra Health 4.2. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. 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. But on the flip side, both employees and employers are asking for help. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. You can also learn more about how to sell your private shares before getting started. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. LYRA | Lyra Therapeutics Inc. Stock Price & Does Lyra Therapeutics have a direct stock purchase plan? Full-time. Edit Post-Money Valuation Data by PrivCo Section. Cookie Notice (). 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 When did Lyra Therapeutics go public? 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. Source: FactSet. Please check your download folder. Lyra Health is a private company and not publicly traded. Telehealth platform Lyra is taking on bigger mental health challenges. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. 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. Addressing a Global CrisisMental health is a global crisis. Lyra Health does not currently have an official ticker symbol because this company is still private. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? 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. When typing in this field, a list of search results will appear and be automatically updated as you type. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. 2023 Forbes Media LLC. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. 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. I'm a senior writer covering healthcare technology. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 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. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. WebPublic Sector Proposal Manager. For more details on financing and valuation for Lyra Health, register or login. 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. Learn more about how to invest in the private market or register today to get started. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced 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. The acquisition builds on the successful existing partnership between the two companies. Update: Discord confirms raising $100M at a valuation of $7B. Visit a quote page and your recently viewed tickers will be displayed here. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Their LYRA share price forecasts range from $15.00 to $20.00. 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 Therapeutics was founded in November 2005. Lyra Health has raised a total of $910.1M in funding over 8 rounds. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Copyright 2019 FactSet Research Systems Inc. All rights reserved. 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 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. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. This browser is no longer supported at MarketWatch. 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. Where can I find recent Lyra Therapeutics press releases? Subscriber Agreement & Terms of Use | 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. Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. 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, Inc. is a clinical-stage therapeutics company. Shares can be purchased through a stockbroker of your choice. 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. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. Lyra Health is funded by 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. 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. Greater use of primary care services has long been associated with better health, better care, and lower costs. By registering, you agree to Forges Terms of Use. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. Copyright 2023 Forge Global, Inc. All rights reserved. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to cross the $1 billion dollar valuation mark, along with AI-powered sales startup Gong and human resources software automation company Rippling. Please check your download folder. Lyra has raised around $275 million to date. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. Where can I find more information on Lyra Therapeutics R&D programs? Our calculations also Their latest funding was raised on Jan 19, 2022 from a Series F round. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Source: Kantar Media. Each stockholder in question must sign the request for an address change. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. from 8 AM - 9 PM ET. When typing in this field, a list of search results will appear and be automatically updated as you type. 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 Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. Which funding types raised the most money? Sisco is currently co-president and chief financial officer at Workday. Data may be intentionally delayed pursuant to supplier requirements. Lyra Therapeutics Inc. is based in Watertown, Mass. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. 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. 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. 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.". 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. How can I replace my lost stock certificates? Its time to get rid of the biggest con job in healthcare. Burlingame, California-based Lyra Health wants to live in offices everywhere. One investor noted that the round has not closed yet. 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.". The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. WebLyra Therapeutics market cap history and chart from 2020 to 2022. Just last week, the meditation app Calm raised $75 million at a $2 billion valuation. 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. 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. "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.". 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. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. 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. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. Something went wrong while loading Watchlist. 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. "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. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". Change value during other periods is calculated as the difference between the last trade and the most recent settle. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly Mr. Lyra Therapeutics went public on April 2, 2020. 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's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? Lyra Health serves patients worldwide. How can I sign up to receive Lyra Therapeutics press releases and other company information? You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. The firms proprietary XTreo deliver medicines. Who are the members of Lyra Therapeutics Executive Team? Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. "Mental health issues are much more pervasive than is commonly known, and Lyra is thoughtfully redefining access to care by providing broad-based solutions through employers. How do I report a change of mailing address? All rights reserved. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. How do I contact Investor Relations with a question or request? Lyra Therapeutics Market Cap 2020-2022 | LYRA. 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. AI-Driven Medical Care? However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. "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. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. For more details on financing and valuation for Lyra Health 's innovative mental Health for... The round has not closed yet periods is calculated as the difference between two! 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