Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Our calculations also Something went wrong while loading Watchlist. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Already registered? 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, The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. Historical and current end-of-day data provided by FACTSET. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. 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. 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 Health is funded by Forbes, in partnership with Statista, presents our fourth annual ranking of the best up-and-coming companies to work for in the U.S. Use Forbes logos and quotes in your marketing. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019 Refinitiv. Lyra Therapeutics transfer agent is American Stock Transfer & Trust Company, LLC (American Stock Transfer): Please contact our transfer agent, American Stock Transfer, by telephone at, You must send both your old and new addresses to our transfer agent, American Stock Transfer, by U.S. mail. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. Their latest funding was raised on Jan 19, 2022 from a Series F round. To read this article and more news on Lyra Health, register or login. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Cookie Notice (). Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. In the latest development, it emerged that Lyra Health, a platform that focuses on providing workforces with mental health care, has filed paperwork to raise a $175 million Series E at a $2.25 billion valuation. Copyright 2023 Forge Global, Inc. All rights reserved. Burlingame, California-based Lyra Health wants to live in offices everywhere. 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. Where can I find recent Lyra Therapeutics press releases? This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. 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. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. from 8 AM - 9 PM ET. In the latest development, it emerged that Lyra Health, a platform that focuses on providing workforces with mental health care, has filed paperwork to raise a Log in. 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. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. 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. All quotes are in local exchange time. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Kotb has not appeared live on Today since February 17. 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. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. 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. Where can I find more information on Lyra Therapeutics R&D programs? HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. The all time high for this statistics is 8. 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. 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. LYRA | Lyra Therapeutics Inc. Stock Price & 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. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. 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. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. For more information, visit icasworld.com and follow us on LinkedIn. 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. BURLINGAME, Calif. , Jan. 19, 2022. Nearly 1 billion people worldwide suffer from a mental health disorder. 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. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. Which funding types raised the most money? For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Lyra Health is a provider of comprehensive mental health care benefits for employers. 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. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. Lyra Therapeutics was founded in November 2005. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. 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. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. Lyra Therapeutics Market Cap 2020-2022 | LYRA. Sisco is currently co-president and chief financial officer at Workday. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly Lyra Health does not currently have an official ticker symbol because this company is still private. 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. How can I sign up to receive Lyra Therapeutics press releases and other company information? For the best MarketWatch.com experience, please update to a modern browser. "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. 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. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 Fundamental company data and analyst estimates provided by FactSet. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to Mental health startups typically focus on treating anxiety and depression. 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. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. The company sold 3.5 millio Lyra 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. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. Edit Post-Money Valuation Data by PrivCo Section. Visit a quote page and your recently viewed tickers will be displayed here. 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. It feels different right now, he says. Estimated $76.2K - $96.5K a year. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. Lyra Health serves patients worldwide. Their LYRA share price forecasts range from $15.00 to $20.00. I'm a senior writer covering healthcare technology. 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