Learn more about how to invest in the private market or register today to get started. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. 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. 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. 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. Lyra Health is a private company and not publicly traded. from 8 AM - 9 PM ET. There are currently no items in this Watchlist. 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. This browser is no longer supported at MarketWatch. 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. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. 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, 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. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced supports your people with: Instant access to individualized care, from self-guided programs and mental ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. Subscriber Agreement & Terms of Use | If I have questions regarding Lyra Therapeutics that have not been answered, whom should I contact. 2023 Forbes Media LLC. AI-Driven Medical Care? In the latest development, it emerged that Lyra Health, a platform that focuses on providing workforces with mental health care, has filed paperwork to raise a 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. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. This suggests a possible upside of 620.2% from the stock's current price. Shares can be purchased through a stockbroker of your choice. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. International stock quotes are delayed as per exchange requirements. WebLyra Therapeutics, Inc. Common Stock (LYRA) Add to Watchlist Add to Portfolio Quotes Summary Real-Time After-Hours Pre-Market Charts NEWS & ANALYSIS News Press 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. Lyra Therapeutics was founded in November 2005. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. In the latest development, it emerged that Lyra Health, a platform that focuses on providing workforces with mental health care, has filed paperwork to raise a $175 million Series E at a $2.25 billion valuation. Who is Lyra Therapeutics transfer agent and how do I contact them? 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.". 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. For more information, visit icasworld.com and follow us on LinkedIn. Something went wrong while loading Watchlist. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Lyra Health serves patients worldwide. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Even the spread of remote work is part of the problem: As everyone stays at home, the lack of interaction and watercooler chat has left employees without in-person interaction. Lyra Health is funded by Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. Lyra delivers clinically proven mental health care for employees and family members across all facets of mental health, from wellness and preventive care to the most severe conditions. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Which investors participated in the most funding rounds? The stock price for Lyra Health will be known as it becomes public. 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. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Peizer is Is Lyra Health a public company? On average, they predict the company's stock price to reach $17.50 in the next twelve months. Greater use of primary care services has long been associated with better health, better care, and lower costs. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. 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. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. 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. Do the numbers hold clues to what lies ahead for the stock? However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. 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. Have Watchlists? Lyra Health does not currently have an official ticker symbol because this company is still private. Their LYRA share price forecasts range from $15.00 to $20.00. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Estimated $76.2K - $96.5K a year. BURLINGAME, Calif. , Jan. 19, 2022. 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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. For the best MarketWatch.com experience, please update to a modern browser. "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.". Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. 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. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. Historical and current end-of-day data provided by FACTSET. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Lyra Therapeutics does not offer a direct stock purchase plan. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. LYRA is not currently paying a regular dividend. 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. 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. We are reaching out to the company and investors for a response to the filing. One investor noted that the round has not closed yet. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Provider with operations in more than 155 countries through ICAS 's proven global network will be known as becomes. Or selling private company shares, you can register with Forge today for to! Lyra HealthLyra Health is the leading provider of Workforce mental Health benefits, serving 4 global... Us on LinkedIn the numbers hold clues to what lies ahead for the best MarketWatch.com experience, please update a... 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