Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. Lyra Health is funded by 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. 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. I'm a senior writer covering healthcare technology. 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. Fundamental company data and analyst estimates provided by FactSet. Nearly 1 billion people worldwide suffer from a mental health disorder. For more information, visit icasworld.com and follow us on LinkedIn. The flywheel continues. Copyright 2023 Forge Global, Inc. All rights reserved. Lyra Health cofounder and CEO David Ebersman. 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? /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced 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. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. Have Watchlists? International stock quotes are delayed as per exchange requirements. Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. Lyra Therapeutics Inc. is based in Watertown, Mass. Depression and anxiety alone cost the global economy an estimated $1 trillion each year. In 2015, Ebersman cofounded Lyra Health with two Venrock partners and Castlight investors, Bob Kocher and Bryan Roberts, as well as Dena Bravata, Castlights chief medical officer. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. "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. Subscriber Agreement & Terms of Use | 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. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. Just last week, the meditation app Calm raised $75 million at a $2 billion valuation. Lyra has raised around $275 million to date. 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. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. from 8 AM - 9 PM ET. 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. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. Addressing a Global CrisisMental health is a global crisis. 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. WebLyra Health, Inc. provides healthcare services. Discover how retail giants and tech firms will bring revolutionary changes to healthcare delivery by 2023 and beyond - learn more about the potential of retail healthcare dominating the market share. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". 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. You can also learn more about how to sell your private shares before getting started. Burlingame, California-based Lyra Health wants to live in offices everywhere. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? "Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive. BURLINGAME, Calif. , Jan. 19, 2022. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Estimated $76.2K - $96.5K a year. Lyra Therapeutics does not offer a direct stock purchase plan. Lyra Therapeutics market cap history and chart from 2020 to 2022. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. "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. Kocher and Roberts continue to serve on the board, while Bravata left the company. There are currently no items in this Watchlist. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. One investor noted that the round has not closed yet. There have been a number of categories of technology that have seen a bump of usage and interest during this coronavirus pandemic, and sadly or perhaps usefully, depending on how you look at it mental health and wellness startups, aimed at helping our well-being in this trying time, have been one of them. 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. For more details on financing and valuation for Lyra Health, register or login. 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. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced Something went wrong while loading Watchlist. Log in. 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. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. 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. Do the numbers hold clues to what lies ahead for the stock? About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Each stockholder in question must sign the request for an address change. Lyra Health serves patients worldwide. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. WebPublic Sector Proposal Manager. Lyra Health is a private company and not publicly traded. 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. Remote. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. Who is Lyra Therapeutics independent registered public accounting firm? Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. 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 | Lyra Therapeutics Inc. Stock Price & Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. 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