Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 One investor noted that the round has not closed yet. 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. Copyright 2023 Forge Global, Inc. All rights reserved. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. It feels different right now, he says. The firms proprietary XTreo deliver medicines. How can I sign up to receive Lyra Therapeutics press releases and other company information? Where is Lyra Therapeutics corporate headquarters? Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. All quotes are in local exchange time. Log in to see them here or sign up to get started. 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. "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. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to But on the flip side, both employees and employers are asking for help. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? We founded Lyra to redefine access to high-quality mental health care for millions of people. 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. BURLINGAME, Calif. , Jan. 19, 2022. 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 Who is Lyra Therapeutics independent registered public accounting firm? 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. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. Who can I contact if I am a member of the media? The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. When did Lyra Therapeutics go public? 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. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. Lyra Health does not currently have an official ticker symbol because this company is still private. The flywheel continues. Kocher and Roberts continue to serve on the board, while Bravata left the company. Their LYRA share price forecasts range from $15.00 to $20.00. 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. 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. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. 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. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. Data may be intentionally delayed pursuant to supplier requirements. Lyra Therapeutics market cap as of March 01, 2023 is. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. Please check your download folder. For more information and address change forms, contact American Stock Transfer by telephone at, Quarterly & Annual Reports and other investor materials, when available, can be found in, You can view our recent press releases by visiting the, For media inquiries please send an email to, You can view information on our development programs by visiting the, For investor related questions please send an email to, To request additional information, please visit our. Shares of Lyra Therapeutics Inc. , a biotech specializing in treatments for ear, nose and throat diseases, soared 32% in their trading debut Friday, after the company's initial public offering priced at the top end of the Lyra Therapeutics Inc. , a biotech specializing in treatments for ear, nose and throat diseases, priced its initial public offering late Thursday at $16 a share, the high end of its price range. "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. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. LYRA | Lyra Therapeutics Inc. Stock Price & Who are the members of Lyra Therapeutics Executive Team? Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. 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. 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. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. Peizer is 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. You can also learn more about how to sell your private shares before getting started. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Thats where one of Lyras flagship products comes in: Blended Care. The Company transforms behavioral health care through technology with a human touch. 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. 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. Please check your download folder. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The health tech unicorn also acquired employee assistance program provider ICAS World, which operates in over 155 countries, to support its global expansion. 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. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. from 8 AM - 9 PM ET. Which funding types raised the most money? Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? "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. Where can I find more information on Lyra Therapeutics R&D programs? There are currently no items in this Watchlist. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. Intraday data delayed at least 15 minutes or per exchange requirements. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 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. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. 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. Edit Post-Money Valuation Data by PrivCo Section. Lyra Health is funded by International stock quotes are delayed as per exchange requirements. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. 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