Learn more about how to invest in the private market or register today to get started. Lyra Therapeutics went public on April 2, 2020. 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. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. When typing in this field, a list of search results will appear and be automatically updated as you type. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. LYRA is not currently paying a regular dividend. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. 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. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. Log in. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Greater use of primary care services has long been associated with better health, better care, and lower costs. 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, It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Lyra Health is a provider of comprehensive mental health care benefits for employers. Who are the members of Lyra Therapeutics Board of Directors? 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. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. 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. Around 50 million people in the U.S. have a mental health condition, and the Covid-19 pandemic is exacerbating two of the most common: anxiety and depression. Edit Post-Money Valuation Data by PrivCo Section. The flywheel continues. How do I contact Investor Relations with a question or request? Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Privacy Notice | There are currently no items in this Watchlist. Where was Lyra Therapeutics incorporated? Lyra Therapeutics was founded in November 2005. Copyright 2023 Forge Global, Inc. All rights reserved. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. How do I report a change of mailing address? Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. Nearly 1 billion people worldwide suffer from a mental health disorder. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Create a list of the investments you want to track. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. For the best MarketWatch.com experience, please update to a modern browser. 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. When is Lyra Therapeutics fiscal year-end? Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). 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. Please check your download folder. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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 $110 million Series D raise comes on the heels of a $75 million Series C closed in March. 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 investors participated in the most funding rounds? 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 reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". Lyra Health 4.2. 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 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 Lyra Health does not currently have an official ticker symbol because this company is still private. Their latest funding was raised on Jan 19, 2022 from a Series F round. from 8 AM - 9 PM ET. 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. Subscriber Agreement & Terms of Use | The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. One such customer is Genentech, which began partnering with Lyra in October 2018. Where is Lyra Therapeutics corporate headquarters? That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. Source: Kantar Media. 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. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Change value during other periods is calculated as the difference between the last trade and the most recent settle. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. Lyra Therapeutics market cap as of March 01, 2023 is. It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. 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. For more information and address change forms, contact American Stock Transfer by telephone at, Quarterly & Annual Reports and other investor materials, when available, can be found in, You can view our recent press releases by visiting the, For media inquiries please send an email to, You can view information on our development programs by visiting the, For investor related questions please send an email to, To request additional information, please visit our. Burlingame, California-based Lyra Health wants to live in offices everywhere. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Historical and current end-of-day data provided by FACTSET. Update: Discord confirms raising $100M at a valuation of $7B. WebLyra Health, Inc. provides healthcare services. 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. However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. But on the flip side, both employees and employers are asking for help. "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. Intraday data delayed at least 15 minutes or per exchange requirements. How can I sign up to receive Lyra Therapeutics press releases and other company information? WebPublic Sector Proposal Manager. Which funding types raised the most money? "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. Kocher and Roberts continue to serve on the board, while Bravata left the company. How much funding has this organization raised over time? I'm a senior writer covering healthcare technology. 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. Do the numbers hold clues to what lies ahead for the stock? We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Source: FactSet. 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. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. The Company transforms behavioral health care through technology with a human touch. Copyright 2023 MarketWatch, Inc. All rights reserved. One investor noted that the round has not closed yet. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 WhatsApp acquired by Facebook). Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. 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. 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. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy You can also learn more about how to sell your private shares before getting started. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. Estimated $76.2K - $96.5K a year. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. By registering, you agree to Forges Terms of Use. International stock quotes are delayed as per exchange requirements. 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. Discover how retail giants and tech firms will bring revolutionary changes to healthcare delivery by 2023 and beyond - learn more about the potential of retail healthcare dominating the market share. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. Their LYRA share price forecasts range from $15.00 to $20.00. 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. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to 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 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. 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. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 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. Does Lyra Therapeutics have a direct stock purchase plan? 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. Pandemic, Lyra health is the leading provider of employee Assistance program provider with operations more... Is Genentech, a member of the Roche Group ; Uber ; and VCA Animal Hospitals startup doubled its to..., including Genentech, a list of the investments you want to track development and of... 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