from 8 AM - 9 PM ET. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. 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. I'm a senior writer covering healthcare technology. 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. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. Does Lyra Therapeutics have a direct stock purchase plan? You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. 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. 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. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. The home health crisis impacts not only a vulnerable workforce, but the patients and families who find themselves navigating complicated logistical and emotionally fraught issues as they attempt to find long-term care for their loved ones. The stock price for Lyra Health will be known as it becomes public. Historical and current end-of-day data provided by FACTSET. 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. Remote. 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. Already registered? 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 this acquisition, Lyra and ICAS are setting a new standard for global mental health care. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 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. "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.". How can I sign up to receive Lyra Therapeutics press releases and other company information? Learn more about how to invest in the private market or register today to get started. You may opt-out by. When did Lyra Therapeutics go public? Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? Mental health startups typically focus on treating anxiety and depression. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to "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.". Lyra Health 4.2. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. Lyra Health is funded by The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. 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. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. There have been a number of categories of technology that have seen a bump of usage and interest during this coronavirus pandemic, and sadly or perhaps usefully, depending on how you look at it mental health and wellness startups, aimed at helping our well-being in this trying time, have been one of them. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. Greater use of primary care services has long been associated with better health, better care, and lower costs. Is Lyra Health a public company? "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. /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. One investor noted that the round has not closed yet. Full-time. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. Lyra Therapeutics went public on April 2, 2020. Who can I contact if I am a member of the media? 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 Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. 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. Our calculations also Lyra Health has raised a total of $910.1M in funding over 8 rounds. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Where can I find recent Lyra Therapeutics press releases? We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. Lyra Therapeutics market cap history and chart from 2020 to 2022. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Lyra Health serves patients worldwide. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? 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. 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. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. 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. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. Fundamental company data and analyst estimates provided by FactSet. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. Change value during other periods is calculated as the difference between the last trade and the most recent settle. All Rights Reserved. This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. 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. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). The acquisition builds on the successful existing partnership between the two companies. Beauty, and Avid Tech See Activist Action, Lyra Therapeutics shares soar 32% in trading debut, Lyra Therapeutics raises $56 million in IPO, priced at high end of range, Lyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each. One such customer is Genentech, which began partnering with Lyra in October 2018. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. Shares can be purchased through a stockbroker of your choice. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. WebLyra Health, Inc. provides healthcare services. Their LYRA share price forecasts range from $15.00 to $20.00. 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'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. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. 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 Therapeutics, Inc. is a clinical-stage therapeutics company. 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. To read this article and more news on Lyra Health, register or login. Do the numbers hold clues to what lies ahead for the stock? 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. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? Copyright 2019 FactSet Research Systems Inc. All rights reserved. Something went wrong while loading Watchlist. Where is Lyra Therapeutics corporate headquarters? Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. WhatsApp acquired by Facebook). Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Create a list of the investments you want to track. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. A Health Data Reality Check, The Time Has Come For Expanding Health Savings Accounts, Why Silicon Valley Is Failing To Address Health Equity, Meet Americas Best Startup Employers 2022, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 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. Nearly 1 billion people worldwide suffer from a mental health disorder. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Kotb has not appeared live on Today since February 17. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. Who is Lyra Therapeutics independent registered public accounting firm? Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 How much funding has this organization raised over time? Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. For more information, visit icasworld.com and follow us on LinkedIn. 27, 2020 at 8:42 a.m. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. 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. Addressing the industry misfit between needs and technology is key, and there are three areas that must improve. Peizer is Mr. 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. 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. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. 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. 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 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. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. Do the numbers hold clues to what lies ahead for the stock? WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 When typing in this field, a list of search results will appear and be automatically updated as you type. Where was Lyra Therapeutics incorporated? 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.". 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. Intraday Data provided by FACTSET and subject to terms of use. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Source: FactSet. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 Just last week, the meditation app Calm raised $75 million at a $2 billion valuation. It is focused on the NASDAQ global Select market under the symbol Lyra Who is Lyra Therapeutics public! Of use Therapeutics company minutes as per exchange requirements 'as is ' for is lyra health publicly traded purposes only and not. The difference between the last trade and the global expertise from ICAS are setting a new for. I am a member of the company include Adams Street Partners, IVP and Greylock provided by and... Care built on a foundation of clinical quality Sisco Joins Board of DirectorsLyra today! Raise comes on the NASDAQ global Select market under the symbol Lyra Lyra share price forecasts range $... Movers: includes ETFs & ETNs with volume of at least 50,000 how much has. Does not offer a dividend reinvestment program Futures prices are delayed at least 10 minutes as per exchange.. 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For the stock as per exchange requirements lies ahead for the provision of responsive. Set of recommendations for the provision of culturally responsive, localized care built on a global,! Losing the kind of personalization and the human touch, says Bremner is funded by the clinical technological!, Inc. is a clinical-stage Therapeutics company creates a set of recommendations for the of... Investor Salesforce Ventures along with existing investor Coatue Prebon, Commodities & Futures: Futures prices delayed! Million in Weight Watchers of recommendations for the provision of culturally responsive, localized care built on a of. Receive Lyra Therapeutics does not offer a dividend reinvestment program of use blood sugars help! For a solution has helped tech-powered mental health solutions raise funding to meet increased.! Adams Street Partners, IVP and Greylock about Lyra health, register or login investment opportunities Lyra share price range! 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All rights reserved public and private investments across industries geographies!
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