Lyra Therapeutics does not offer a direct stock purchase plan. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. 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. Each stockholder in question must sign the request for an address change. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? Lyra Therapeutics went public on April 2, 2020. 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. On average, they predict the company's stock price to reach $17.50 in the next twelve months. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. Help your people feel less anxious, more connected, and more effective at work. Lack of in-network therapists and long wait times led the firm to consider new solutions for their mental health benefits. After partnering with Lyra, 100% of BBH members have reported being satisfied or extremely satisfied with their care. 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. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. You can also learn more about how to sell your private shares before getting started. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. One such customer is Genentech, which began partnering with Lyra in October 2018. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. Telehealth platform Lyra is taking on bigger mental health challenges. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. 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. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Lyra Health, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. Who is Lyra Therapeutics independent registered public accounting firm? All quotes are in local exchange time. The company helps employers give their employees a suite of safe and confidential tools to support their mental health needs. Historical and current end-of-day data provided by FACTSET. Where can I find more information on Lyra Therapeutics R&D programs? Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. 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. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. Lyra has raised around $275 million to date. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? No significant news for in the past two years. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". Change value during other periods is calculated as the difference between the last trade and the most recent settle. Using technology to solve healthcare problems is a natural fit for Ebersman, who spent fifteen years in various executive roles at the biotechnology Genentech, including chief financial officer. There are currently no items in this Watchlist. Lyra Health cofounder and CEO David Ebersman. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Create a list of the investments you want to track. 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. International stock quotes are delayed as per exchange requirements. Is Lyra Health a public company? Lyra Therapeutics Inc. is a clinical-stage therapeutics company. /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced 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. 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. HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. "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.". The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. Who are the members of Lyra Therapeutics Board of Directors? Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. Estimated $76.2K - $96.5K a year. "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.". 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. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. 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. 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. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Mr. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Intraday data delayed at least 15 minutes or per exchange requirements. By registering, you agree to Forges Terms of Use. 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, for allegedly engaging in an insider trading scheme in which he fraudulently used Rule 10b5-1 trading plans to trade Ontrak stock. How can I sign up to receive Lyra Therapeutics press releases and other company information? We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. 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. Kocher and Roberts continue to serve on the board, while Bravata left the company. 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. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. 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.. The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. One-Millionth session Terms of Use that she had invested $ 42 million in Weight Watchers their care 's... Has acquired ICAS world, an employee assistance program provider with operations in than! $ 275 million to date a suite of safe and confidential tools to support their mental health benefits ETFs... 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