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. 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. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. 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. How much funding has this organization raised over time? The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. 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. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced There are currently no items in this Watchlist. 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. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Indeed, Lyra Health started Lyra Blended Care, which pairs video therapy with online lessons and exercises rooted in cognitive behavioral therapy. Mr. supports your people with: Instant access to individualized care, from self-guided programs and mental WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 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. Nearly 1 billion people worldwide suffer from a mental health disorder. 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. We founded Lyra to redefine access to high-quality mental health care for millions of people. Lyra Therapeutics market cap as of March 01, 2023 is. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. Estimated $76.2K - $96.5K a year. "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. Lyra Therapeutics Market Cap 2020-2022 | LYRA. Intraday data delayed at least 15 minutes or per exchange requirements. For more information, visit icasworld.com and follow us on LinkedIn. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Source: FactSet. WhatsApp acquired by Facebook). For more details on financing and valuation for Lyra Health, register or login. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. Lyra Health cofounder and CEO David Ebersman. 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. 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. 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 The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. One such customer is Genentech, which began partnering with Lyra in October 2018. Which types of acquisition does this organization make most frequently. Their latest funding was raised on Jan 19, 2022 from a Series F round. 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. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. How can I replace my lost stock certificates? The all time high for this statistics is 8. Do the numbers hold clues to what lies ahead for the stock? 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. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. 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. Log in to see them here or sign up to get started. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. 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. Privacy Notice | It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Who is Lyra Therapeutics transfer agent and how do I contact them? 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. Who is Lyra Therapeutics independent registered public accounting firm? 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. Edit Post-Money Valuation Data by PrivCo Section. Where was Lyra Therapeutics incorporated? Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. 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, Their LYRA share price forecasts range from $15.00 to $20.00. Which investors participated in the most funding rounds? Historical and current end-of-day data provided by FACTSET. 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. 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. All quotes are in local exchange time. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. "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. Where can I find more information on Lyra Therapeutics R&D programs? Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. 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. /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced Will Retail Health Really Disrupt Healthcare? By registering, you agree to Forges Terms of Use. One investor noted that the round has not closed yet. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. WebPublic Sector Proposal Manager. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. from 8 AM - 9 PM ET. Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. 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. This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. 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. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. Lyra Therapeutics Inc. is based in Watertown, Mass. 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. 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. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. 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 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. 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