Aside from the disclosure on some surveys, Lyra has laid out its data practices in a privacy policy, a more than 5,000-word document that lives at the bottom of its website. The company says the data sharing complies with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which regulates the use of health information. 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. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. 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. 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. WebLyra Therapeutics market cap history and chart from 2020 to 2022. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). To read this article and more news on Lyra Health, register or login. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. 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. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. 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. With this additional capital, Lyra will have the opportunity to further distinguish itself as the leader in mental health domestically and expand internationally to address a global need.". The paperwork was uncovered by Prime Unicorn Index. Update: Discord confirms raising $100M at a valuation of $7B. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? 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. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. The average person when starting care in 2020 is feeling more anxious and more depressed than we've seen in any prior year, says Ebersman. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. 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. For more information, visit icasworld.com and follow us on LinkedIn. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 How much funding has this organization raised over time? "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. Their LYRA share price forecasts range from $15.00 to $20.00. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". On which exchange is Lyra Therapeutics listed and what is the ticker symbol? WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Kotb has not appeared live on Today since February 17. We are reaching out to the company and investors for a response to the filing. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. All rights reserved. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Lyra Therapeutics does not offer a direct stock purchase plan. 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. Change value during other periods is calculated as the difference between the last trade and the most recent settle. "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. 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. 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. 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. 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. Lyra Health 4.2. Source: Kantar Media. Intraday data delayed at least 15 minutes or per exchange requirements. 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. 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. LYRA | Lyra Therapeutics Inc. Stock Price & If you own Lyra Health pre-IPO shares and are considering selling, you can find what your shares could be worth on Forges secondary marketplace. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Lyra has raised around $275 million to date. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. Mental health startups typically focus on treating anxiety and depression. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. The stock price for Lyra Health will be known as it becomes public. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. 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. 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. 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. 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. 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