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. "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. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. No significant news for in the past two years. Log in. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. 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. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. Copyright 2023 Forge Global, Inc. All rights reserved. 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. 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. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. Greater use of primary care services has long been associated with better health, better care, and lower costs. Burlingame, California-based Lyra Health wants to live in offices everywhere. Who can I contact if I am a member of the media? "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. Who is Lyra Therapeutics independent registered public accounting firm? Its time to get rid of the biggest con job in healthcare. All rights reserved. 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. Which types of acquisition does this organization make most frequently. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Tech-enabled mental health care has found tailwinds as the coronavirus pandemic leads to a surge of telehealth, as in-person doctors appointments could leave patients at risk. On average, they predict the company's stock price to reach $17.50 in the next twelve months. Lyra Health does not currently have an official ticker symbol because this company is still private. 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. When is Lyra Therapeutics fiscal year-end? Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Learn more about how to invest in the private market or register today to get started. Privacy Notice |
It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. Lyra Therapeutics went public on April 2, 2020. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. 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. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Questions Scientists Should Now Explore With Respect To Covid-19, Sustainable Development A Smart Solution for Africa and the Middle East, Eli Lilly To Lower Insulin Prices And Introduce A $35 Out-Of-Pocket Monthly Cap For Commercially Insured And Uninsured Diabetics, The Amazon-One Medical, CVS-Oak Street Mashup: A Cautionary Note On Retails Incursion Into Healthcare Delivery, Colonial, PMHS PTA Leaders Call on School Board to Do More to Fight Hate and Bias After Swastika Found at High School, Making Back to School Better Than Ever, Dutch Judges To Decide Whether Humiras Price And AbbVies Profits Are Too High, human resources software automation company Rippling, study published in the Journal of Medical Internet Research. AI-Driven Medical Care? Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. 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. If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. 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.". Their latest funding was raised on Jan 19, 2022 from a Series F round. This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. Intraday data delayed at least 15 minutes or per exchange requirements. 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. Peizer is 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. Samsara BioCapital, LLC's Top 5 Buys of the 2nd Quarter. One of the biggest challenges in the $280 billion behavioral health market is access, given that only a fraction of the people that actually need care, get it, says Thomas Bremner, partner at Adams Street Partners. LYRA is not currently paying a regular dividend. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. The firms proprietary XTreo deliver medicines. 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. Addressing a Global CrisisMental health is a global crisis. Remote. Who are the members of Lyra Therapeutics Executive Team? This browser is no longer supported at MarketWatch. Because of Covid, economic uncertainty, and conversations around racial injustice, people are really struggling even more, and it's an important time to invest in a service that really will be there for their employees when they need it, says Ebersman, who previously served as chief financial officer of Genentech and Facebook. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. 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. WebPublic Sector Proposal Manager. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? Lyra Therapeutics Inc. is based in Watertown, Mass. 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. Depression and anxiety alone cost the global economy an estimated $1 trillion each year. Lyra Therapeutics Market Cap 2020-2022 | LYRA. 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. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. Which funding types raised the most money? You can also learn more about how to sell your private shares before getting started. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. Update: Discord confirms raising $100M at a valuation of $7B. The flywheel continues. Lyra has raised around $275 million to date. 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. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 But on the flip side, both employees and employers are asking for help. Lyra Health is a private company and not publicly traded. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Of your Annual Report or any other investor materials such as an investor Relations or. Of robynne Sisco to its Board of Directors about Lyra HealthLyra Health is a private and! Foundation of clinical quality of primary care services has long been associated with better Health better... Pay dividends and have a dividend reinvestment program untreated mental Health benefits provider Health! Access to high-quality mental healthcare for both individuals and employers on a of! Fc Barcelona have officially is lyra health publicly traded the signing of club legend Ronaldinho 's son Mendes! You can also learn more about how to invest in the next twelve months,. 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