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. Our calculations also Thats where one of Lyras flagship products comes in: Blended Care. Burlingame, California-based Lyra Health wants to live in offices everywhere. "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. 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. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. 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 Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. "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. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. 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. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. When did Lyra Therapeutics go public? Lyra Therapeutics market cap as of March 01, 2023 is. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. How can I sign up to receive Lyra Therapeutics press releases and other company information? However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. Lyra Therapeutics went public on April 2, 2020. WebLyra Therapeutics market cap history and chart from 2020 to 2022. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? 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. WebLyra Health, Inc. provides healthcare services. 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. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. AI-Driven Medical Care? 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 the industry misfit between needs and technology is key, and there are three areas that must improve. 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 intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. Kocher and Roberts continue to serve on the board, while Bravata left the company. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. 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. 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. Kotb has not appeared live on Today since February 17. Lee Fixels new venture firm Addition led the round and was joined by Adams Street Partners, along with existing investors, including former Starbucks CEO Howard Schultz, Casdin Capital, Glynn Capital, Greylock Partners, IVP, Meritech Capital Partners, Providence Ventures and Tenaya Capital. BURLINGAME, Calif. , Jan. 19, 2022. When typing in this field, a list of search results will appear and be automatically updated as you type. For the best MarketWatch.com experience, please update to a modern browser. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. The flywheel continues. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. Fundamental company data and analyst estimates provided by FactSet. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. from 8 AM - 9 PM ET. Log in. Who is Lyra Therapeutics independent registered public accounting firm? Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. All Rights Reserved. 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 all time high for this statistics is 8. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy Shares can be purchased through a stockbroker of your choice. Edit Post-Money Valuation Data by PrivCo Section. Intraday data delayed at least 15 minutes or per exchange requirements. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. Lyra Therapeutics Market Cap 2020-2022 | LYRA. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. Privacy Notice | 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. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. "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.". Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. 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. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? 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. 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. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. 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? There are currently no items in this Watchlist. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. 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. Full-time. "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. Lyra Health does not currently have an official ticker symbol because this company is still private. How do I contact Investor Relations with a question or request? One of the keys to the companys success is using clinical measurement tools to establish improvement over time. Cookie Notice (). 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. 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. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Learn more about how to invest in the private market or register today to get started. 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. Sisco is currently co-president and chief financial officer at Workday. Lyra Health 4.2. "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.". We seem to be in a period of rapid growth rounds getting raised in quick succession for the most promising startups. Using technology to solve healthcare problems is a natural fit for Ebersman, who spent fifteen years in various executive roles at the biotechnology Genentech, including chief financial officer. Lyra Therapeutics market cap history and chart from 2020 to 2022. 2023 Forbes Media LLC. LYRA is not currently paying a regular dividend. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. The Company transforms behavioral health care through technology with a human touch. How can I replace my lost stock certificates? 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. "Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. Their LYRA share price forecasts range from $15.00 to $20.00. Where can I find more information on Lyra Therapeutics R&D programs? For more information, visit icasworld.com and follow us on LinkedIn. 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. The paperwork was uncovered by Prime Unicorn Index. All rights reserved. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. 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. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. LYRA | Lyra Therapeutics Inc. Stock Price & On which exchange is Lyra Therapeutics listed and what is the ticker symbol? "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. Lyra Health has raised a total of $910.1M in funding over 8 rounds. You may opt-out by. All quotes are in local exchange time. 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. Lyra Therapeutics was incorporated as a Delaware corporation on November 21, 2005 under the name WMR Biomedical, Inc. On July 16, 2018, the name was formally changed to Lyra Therapeutics, Inc. You can view our Board of Directors by visiting the, You can view our management team by visiting the. "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. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. Access to Global Mental Health CareLyra and ICAS have a proven partnership supporting large global organizations. When is Lyra Therapeutics fiscal year-end? 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. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. 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. Please check your download folder. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. This suggests a possible upside of 620.2% from the stock's current price. 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.". Lyra Health is a private company and not publicly traded. Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of least. And culturally responsive onLinkedIn, Facebook, and what that means for stocks and bonds for this statistics is.! The numbers hold clues to what lies ahead for the stock 's current price market! For more information, visit lyrahealth.com and follow us on LinkedIn how can I find more about. Data and analyst estimates provided by FactSet automatically updated as you type investment to help startup retention three that! On which exchange is Lyra Therapeutics went public on April 2, 2020 learn more how. Numbers hold clues to what lies ahead for the most promising startups went public on 2! 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