Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. Peizer is Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Visit a quote page and your recently viewed tickers will be displayed here. One such customer is Genentech, which began partnering with Lyra in October 2018. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy You may opt-out by. Who can I contact if I am a member of the media? Historical and current end-of-day data provided by FACTSET. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Kotb has not appeared live on Today since February 17. Privacy Notice | The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to 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. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities. Log in. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. Sisco is currently co-president and chief financial officer at Workday. 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 founded Lyra to redefine access to high-quality mental health care for millions of people. Where can I find more information on Lyra Therapeutics R&D programs? Do the numbers hold clues to what lies ahead for the stock? The health tech unicorn also acquired employee assistance program provider ICAS World, which operates in over 155 countries, to support its global expansion. Their LYRA share price forecasts range from $15.00 to $20.00. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. WebLyra Therapeutics market cap history and chart from 2020 to 2022. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. The all time high for this statistics is 8. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. 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. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Lyra Therapeutics went public on April 2, 2020. 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. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. Lyra Therapeutics went public on April 2, 2020. How much funding has this organization raised over time? 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 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. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 ICAS provides counselling services 24/7, 365 days a year through a direct network of 49 local offices and a total presence in 155 countries delivering services using more than 40,000 mental health providers. WhatsApp acquired by Facebook). 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. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. "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. Copyright 2019 FactSet Research Systems Inc. All rights reserved. We are reaching out to the company and investors for a response to the filing. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced All rights reserved. Lyra Health has raised a total of $910.1M in funding over 8 rounds. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. International stock quotes are delayed as per exchange requirements. "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. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 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. 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. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. Greater use of primary care services has long been associated with better health, better care, and lower costs. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. All quotes are in local exchange time. 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. Source: FactSet. 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. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. When is Lyra Therapeutics fiscal year-end? Intraday Data provided by FACTSET and subject to terms of use. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. 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. Edit Post-Money Valuation Data by PrivCo Section. This suggests a possible upside of 620.2% from the stock's current price. 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. How can I sign up to receive Lyra Therapeutics press releases and other company information? 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. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. Subscriber Agreement & Terms of Use | While it is not clear whether the company has closed the round, filings in Delaware usually appear after part or all of the funding has been secured. There are currently no items in this Watchlist. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 Fundamental company data and analyst estimates provided by FactSet. Its time to get rid of the biggest con job in healthcare. Please check your download folder. 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. 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. Copyright 2023 MarketWatch, Inc. All rights reserved. Lyra has raised around $275 million to date. Shares can be purchased through a stockbroker of your choice. 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. "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. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Where was Lyra Therapeutics incorporated? Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. 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. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. Lyra Therapeutics was founded in November 2005. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Their latest funding was raised on Jan 19, 2022 from a Series F round. Who is Lyra Therapeutics independent registered public accounting firm? The acquisition builds on the successful existing partnership between the two companies. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Lyra Health serves patients worldwide. 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. 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