The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. WhatsApp acquired by Facebook). Lyra Health is a private company and not publicly traded. Who is Lyra Therapeutics transfer agent and how do I contact them? Intraday Data provided by FACTSET and subject to terms of use. Mental health startups typically focus on treating anxiety and depression. Is Lyra Health a public company? Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. 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. 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. Please check your download folder. How do I contact Investor Relations with a question or request? The company reported a drop in revenues of 7.7% in the fourth quarter 2022. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. This browser is no longer supported at MarketWatch. Telehealth platform Lyra is taking on bigger mental health challenges. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. 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 Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. It feels different right now, he says. Lyra Health serves patients worldwide. However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. 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. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? A study published in the Journal of Medical Internet Research, led by Lyras director of clinical product Anita Lungu, recorded a significant decrease in anxiety or depression symptoms after 5 sessions among 385 patients, although it did not include a control group. Who is Lyra Therapeutics independent registered public accounting firm? Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. 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. International stock quotes are delayed as per exchange requirements. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Update: Discord confirms raising $100M at a valuation of $7B. Log in to see them here or sign up to get started. Lyra Therapeutics does not offer a direct stock purchase plan. Who are the members of Lyra Therapeutics Executive Team? 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 Health does not currently have an official ticker symbol because this company is still private. 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. Lyra Health is a provider of comprehensive mental health care benefits for employers. Lyra Therapeutics Inc. is based in Watertown, Mass. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. This means international expansion and investment in more clinical services, as well as expanding the companys market segment beyond large employers and aiming at government and commercial health plans. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). Who can I contact if I am a member of the media? Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? "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 own Lyra Health pre-IPO shares and are considering selling, you can find what your shares could be worth on Forges secondary marketplace. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Lyra Health is funded by When typing in this field, a list of search results will appear and be automatically updated as you type. Addressing a Global CrisisMental health is a global crisis. The acquisition builds on the successful existing partnership between the two companies. 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. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. By registering, you agree to Forges Terms of Use. 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. Greater use of primary care services has long been associated with better health, better care, and lower costs. 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 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 4.2. The paperwork was uncovered by Prime Unicorn Index. 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. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. Full-time. 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. 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. 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 Questions Scientists Should Now Explore With Respect To Covid-19, Sustainable Development A Smart Solution for Africa and the Middle East, Eli Lilly To Lower Insulin Prices And Introduce A $35 Out-Of-Pocket Monthly Cap For Commercially Insured And Uninsured Diabetics, The Amazon-One Medical, CVS-Oak Street Mashup: A Cautionary Note On Retails Incursion Into Healthcare Delivery, Colonial, PMHS PTA Leaders Call on School Board to Do More to Fight Hate and Bias After Swastika Found at High School, Making Back to School Better Than Ever, Dutch Judges To Decide Whether Humiras Price And AbbVies Profits Are Too High, human resources software automation company Rippling, study published in the Journal of Medical Internet Research. We are reaching out to the company and investors for a response to the filing. Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. Data may be intentionally delayed pursuant to supplier requirements. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. 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. 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. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. How can I replace my lost stock certificates? 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. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy Have Watchlists? 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. Log in. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 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. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Kocher and Roberts continue to serve on the board, while Bravata left the company. LYRA | Lyra Therapeutics Inc. Stock Price & 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 need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Which funding types raised the most money? Their LYRA share price forecasts range from $15.00 to $20.00. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 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. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. The all time high for this statistics is 8. Remote. Subscriber Agreement & Terms of Use | Historical and current end-of-day data provided by FACTSET. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Which investors participated in the most funding rounds? 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. For more information, visit icasworld.com and follow us on LinkedIn. This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. All Rights Reserved. Will Retail Health Really Disrupt Healthcare? The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. 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. from 8 AM - 9 PM ET. This is a tricky space to play in, considering that mental health can still feel taboo in workplaces and employees might feel uncomfortable turning to their employers for support. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. Please check your download folder. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. Aside from the disclosure on some surveys, Lyra has laid out its data practices in a privacy policy, a more than 5,000-word document that lives at the bottom of its website. The company says the data sharing complies with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which regulates the use of health information. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. "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. Their latest funding was raised on Jan 19, 2022 from a Series F round. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. 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. Lyra Therapeutics market cap history and chart from 2020 to 2022. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 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. 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. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. How do I report a change of mailing address? 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. There are currently no items in this Watchlist. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Intraday data delayed at least 15 minutes or per exchange requirements. 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. 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. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Where is Lyra Therapeutics corporate headquarters? 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. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. Already registered? Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 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 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.". Create a list of the investments you want to track. The Company transforms behavioral health care through technology with a human touch. Source: FactSet. All quotes are in local exchange time. Where can I find recent Lyra Therapeutics press releases? 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. Nearly 1 billion people worldwide suffer from a mental health disorder. Does Lyra Therapeutics have a direct stock purchase plan? "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. BURLINGAME, Calif. , Jan. 19, 2022. Lyra Therapeutics Market Cap 2020-2022 | LYRA. 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. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. "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. Even the spread of remote work is part of the problem: As everyone stays at home, the lack of interaction and watercooler chat has left employees without in-person interaction. Lyra has raised around $275 million to date. 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. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. 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. Do the numbers hold clues to what lies ahead for the stock? Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Copyright 2023 Forge Global, Inc. All rights reserved. Shares can be purchased through a stockbroker of your choice. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. 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. Depression and anxiety alone cost the global economy an estimated $1 trillion each year. 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. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. 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. 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. 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. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. 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