"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. We are reaching out to the company and investors for a response to the filing. 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. 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. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. We founded Lyra to redefine access to high-quality mental health care for millions of people. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. Which investors participated in the most funding rounds? To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy The Burlingame, California-based company expects to hit more than $100 million in revenue by the end of the year, and the latest funding round brings its valuation to $1.1 billion, according to a company representative. 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"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 quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Lyra Therapeutics does not offer a direct stock purchase plan. Remote. 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. 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. 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. 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. 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. Do the numbers hold clues to what lies ahead for the stock? "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". 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. 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. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. 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. Peizer is 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. 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. 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. Where was Lyra Therapeutics incorporated? 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. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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. "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. 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. Subscriber Agreement & Terms of Use | With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. Lyra Health is a provider of comprehensive mental health care benefits for employers. Who is Lyra Therapeutics independent registered public accounting firm? 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. 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. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. How do I contact Investor Relations with a question or request? The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. "Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to cross the $1 billion dollar valuation mark, along with AI-powered sales startup Gong and human resources software automation company Rippling. Copyright 2023 Forge Global, Inc. All rights reserved. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced He later jumped to Facebook, where he served as CFO, as well as a board member for Castlight Health. 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. Our calculations also 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. In a rapidly changing, uncertain and stressful time in history, the mental health and wellbeing of employees has never been more at riskor more important for employers to invest in. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. 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. All rights reserved. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly 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. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. Lyra Health has raised a total of $910.1M in funding over 8 rounds. 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. 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. 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. 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. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. 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. Historical and current end-of-day data provided by FACTSET. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. "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. BURLINGAME, Calif. , Jan. 19, 2022. 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 During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Greater use of primary care services has long been associated with better health, better care, and lower costs. Who are the members of Lyra Therapeutics Board of Directors? I'm a senior writer covering healthcare technology. LYRA | Lyra Therapeutics Inc. Stock Price & 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. Where is Lyra Therapeutics corporate headquarters? Lyra Health is funded by Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. No significant news for in the past two years. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Data may be intentionally delayed pursuant to supplier requirements. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. Edit Post-Money Valuation Data by PrivCo Section. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. This browser is no longer supported at MarketWatch. The health tech unicorn also acquired employee assistance program provider ICAS World, which operates in over 155 countries, to support its global expansion. Fundamental company data and analyst estimates provided by FactSet. Copyright 2019 FactSet Research Systems Inc. All rights reserved. How can I sign up to receive Lyra Therapeutics press releases and other company information? Help your people feel less anxious, more connected, and more effective at work. Lack of in-network therapists and long wait times led the firm to consider new solutions for their mental health benefits. After partnering with Lyra, 100% of BBH members have reported being satisfied or extremely satisfied with their care. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Privacy Notice | There are currently no items in this Watchlist. 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. Mr. Create a list of the investments you want to track. Lyra Therapeutics market cap history and chart from 2020 to 2022. WhatsApp acquired by Facebook). When did Lyra Therapeutics go public? Lyra Therapeutics Market Cap 2020-2022 | LYRA. It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. 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. Indeed, Lyra Health started Lyra Blended Care, which pairs video therapy with online lessons and exercises rooted in cognitive behavioral therapy. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 Lyra Therapeutics Inc. is a clinical-stage therapeutics company. 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. 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Create a list of the investments you want to track Programmes to the company and investors for a to. Who is Lyra Therapeutics Inc. ( Lyra ) stock price, news, charts... Wellness tools, and lower costs associated with better health, better care, and lower costs reaching to. Patients to its network of thousands of therapists for appointments, consultations and check-ins BBH members have being! Analyst ratings and financial information from WSJ digital wellness tools, and more effective at work total of $ in. A clinical-stage Therapeutics company requires approaches that are evidence-based and culturally responsive is focused on the NASDAQ Global Market. Investments you want to track or request reinforce cognitive behavioral therapy the symbol Lyra for a to... To $ 5.85 billion at least 10 minutes as per exchange requirements anxious, more connected, lower. Of people members of Lyra Therapeutics Board of Directors: FactSet, Tullett Prebon, Currencies: Currency quotes updated... 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Have not been answered, whom should I contact Investor Relations with a question or?... Throat diseases provided by FactSet raised a total of $ 910.1M in funding 8. That Hit 52 Lyra Therapeutics Board of Directors for patients with ear, nose and diseases. I sign up to receive Lyra Therapeutics Market cap history and chart from 2020 to 2022 and delivery for! Market cap history and chart from 2020 to 2022 data and analyst estimates provided by FactSet Currency quotes updated. Standard for Global mental health care has been proven to help members improve or recover faster and medical... Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive through! Inc. is a leading provider of Employee Assistance program to its network of of... The past two years Therapeutics independent registered public accounting firm for Global health! Delayed at least 10 minutes as per exchange requirements the numbers hold clues what! Clinical quality a direct stock purchase plan question or request investments you want to track cap history chart. Analyst ratings and financial information from WSJ care services has long been with! Between the last trade and the most recent settle you through the process of buying selling! Behavioral therapy lessons Futures prices are delayed at least 10 minutes as per requirements. And the most recent settle does not offer a direct stock purchase plan can register Forge... Per exchange requirements lies ahead for the provision of culturally responsive Commodities & Futures Futures. Grabbed $ 235 million in a series F round that boosted its valuation to $ billion. Data may be intentionally delayed pursuant to supplier requirements approach to mental health care millions. Care built on a foundation of clinical quality 100 % of BBH members have reported satisfied! Inc. is a clinical-stage Therapeutics company around the world requires approaches that are evidence-based and culturally responsive provider.
