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. 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. 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. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy 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. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? supports your people with: Instant access to individualized care, from self-guided programs and mental Telehealth platform Lyra is taking on bigger mental health challenges. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. The paperwork was uncovered by Prime Unicorn Index. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly Who is Lyra Therapeutics transfer agent and how do I contact them? We founded Lyra to redefine access to high-quality mental health care for millions of people. 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. WebLyra Therapeutics market cap history and chart from 2020 to 2022. 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 latest funding was raised on Jan 19, 2022 from a Series F round. Log in to see them here or sign up to get started. Their LYRA share price forecasts range from $15.00 to $20.00. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. "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. The acquisition builds on the successful existing partnership between the two companies. 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. Which types of acquisition does this organization make most frequently. You may opt-out by. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. "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. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. 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. Is Lyra Health a public company? "Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. January 19, 2022 08:00 AM EDT, BURLINGAME, Calif. Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has completed a $235M financing. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. This means international expansion and investment in more clinical services, as well as expanding the companys market segment beyond large employers and aiming at government and commercial health plans. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. 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 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. Who can I contact if I am a member of the media? 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. 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. Lyra Health cofounder and CEO David Ebersman. Log in. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. It feels different right now, he says. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. Just last week, the meditation app Calm raised $75 million at a $2 billion valuation. WhatsApp acquired by Facebook). Lyra Therapeutics Inc. is based in Watertown, Mass. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Aside from the disclosure on some surveys, Lyra has laid out its data practices in a privacy policy, a more than 5,000-word document that lives at the bottom of its website. The company says the data sharing complies with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which regulates the use of health information. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Cookie Notice (). 27, 2020 at 8:42 a.m. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. 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. How do I report a change of mailing address? WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. Lyra Therapeutics market cap history and chart from 2020 to 2022. 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. "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.". About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. 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. 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. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. Thats where one of Lyras flagship products comes in: Blended Care. Something went wrong while loading Watchlist. Mr. The Company transforms behavioral health care through technology with a human touch. "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. Something went wrong while loading Watchlist. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. 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. Where can I find recent Lyra Therapeutics press releases? Addressing a Global CrisisMental health is a global crisis. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. Dragoneer has been an investor in companies such as Airbnb, Alibaba, Atlassian, AppFolio, Bytedance, Carbon Health, Ceridian, Chime, Datadog, Doordash, Duck Creek, Livongo, Maven, PointClickCare, Procore, Slack, Samsara, ServiceTitan, Snowflake, Spotify, Uber, UiPath, and others. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. 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