Update: Discord confirms raising $100M at a valuation of $7B. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. 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. It feels different right now, he says. 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. "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. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Something went wrong while loading Watchlist. How can I replace my lost stock certificates? Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. Is Lyra Health a public company? Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Mr. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly One such customer is Genentech, which began partnering with Lyra in October 2018. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. All quotes are in local exchange time. As employers grapple with the fallout of the coronavirus pandemic, theres a reckoning taking place in human resources departments around the country: the need for better mental healthcare for employees. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. "Her deep expertise in finance and operations at leading global organizations will be significant assets for Lyra as we work together to provide a single source for effective mental health care for the world's greatest companies.". 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. 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. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. BURLINGAME, Calif. , Jan. 19, 2022. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. 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. Just last week, the meditation app Calm raised $75 million at a $2 billion valuation. Kocher and Roberts continue to serve on the board, while Bravata left the company. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. 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. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares. All rights reserved. Adding ICAS and its localized services in 155 countries is a transformational step as we strive to become the global leader in mental health care and the gold standard for providing fast access to the highest quality care.". One of the keys to the companys success is using clinical measurement tools to establish improvement over time. 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. 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. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. from 8 AM - 9 PM ET. This browser is no longer supported at MarketWatch. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. Historical and current end-of-day data provided by FACTSET. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Lyra Therapeutics went public on April 2, 2020. 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, If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. WebLyra Health, Inc. provides healthcare services. The paperwork was uncovered by Prime Unicorn Index. 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 The firms proprietary XTreo deliver medicines. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. Data may be intentionally delayed pursuant to supplier requirements. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. When did Lyra Therapeutics go public? "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. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? When is Lyra Therapeutics fiscal year-end? For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. For more information, visit icasworld.com and follow us on LinkedIn. Who is Lyra Therapeutics independent registered public accounting firm? About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. Sisco is currently co-president and chief financial officer at Workday. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. Where can I find recent Lyra Therapeutics press releases? BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced 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. For the best MarketWatch.com experience, please update to a modern browser. Where can I find more information on Lyra Therapeutics R&D programs? The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. Remote. Greater use of primary care services has long been associated with better health, better care, and lower costs. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. WhatsApp acquired by Facebook). Privacy Notice | 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. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. 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. Lyra Health is funded by The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. As reported by Forbes, Lyra Health was set to bring in around $100 million in revenue by the end of the year at the time of its prior fundraise. Lyra Therapeutics market cap as of March 01, 2023 is. How much funding has this organization raised over time? Have Watchlists? Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Lyra Therapeutics Market Cap 2020-2022 | LYRA. Edit Post-Money Valuation Data by PrivCo Section. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 Lyra Therapeutics market cap history and chart from 2020 to 2022. 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. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. "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. 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