Lyra separately announced today new plans to enhance its international solutions. Get the full list, To view Lyras complete patent history, request access, Youre viewing 5 of 16 executive team members. Sign up for a free trial to see Lyra Health's valuations in January 2022, January 2021, August 2020 and more. Apr 18, 2022. The Covid-19 pandemic and collective psychological fallout finally mainstreamed mental health. Lyra Health, a leading provider of innovative mental health benefits for more than 1 million U.S. employees and dependents, is transforming mental health care by creating a frictionless experience . When typing in this field, a list of search results will appear and be automatically updated as you type. As the demand for mental health care accelerates worldwide, I am honored to join them in the quest to deliver a powerful support system for companies and their employees., We are excited to welcome Robynne to our Board of Directors, said David Ebersman, Lyra Health CEO and co-founder. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. It partners with enterprises, pharma companies, and health plans to create new products that help support and manage specific mental and physical conditions. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Lyras curated network includes more than 5,000 coaches, therapists, and doctors in the U.S., with an additional 85,000 providers available worldwide through global partnerships. LYR-210 is an anti-inflammatory, intra-nasal drug matrix in late-stage development that is designed to treat chronic rhinosinusitis (CRS), a debilitating inflammatory disease of the nasal passages. The mental health benefits startup scored $187 million in new financing as it looks to expand its services and bring more technology to its platform. Lyra Health's most recent revenue is from 2020. 22 Shares. Investors Security Type; CASTLIGHT HEALTH, INC. "Delivering mental health care for diverse employee populations around the world is one of the most pressing and complex issues for employers today, and this new funding will help Lyra accelerate our plans to deliver comprehensive, global solutions.". In 2020, peer-reviewed Lyra research demonstrated the effectiveness of the Blended Care treatment program for clients with depression and anxiety. Description. Lyra also continues to pioneer new evidence-based, technology-enabled mental health solutions that accelerate access to care and match members to clinically proven programs that prioritize fast and durable symptom improvement. 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. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. The company, which now has an enterprise division that sells to businesses, claims to help users reduce stress and sleep better. 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. Note: Lyra Health's revenues are gauged from an analysis of company filings. Lyra Health's latest post-money valuation is from January 2022. 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. Leading self-insured employers partner with Lyra to tailor value-driven mental health benefits programs specific to their workforce. The latest fundraising was led by investor hedge fund Coatue Management, with participation from new investor Sands Capital. Get the full list, To view Lyras complete acquisitions history, request access, To view Lyras complete subsidiaries history, request access, Morningstar Institutional Equity Research. . Find related and similar companies as well as employees by title and much more. Coatue led the round and was joined by new investor Sands Capital, along with existing investors. Argot Partners The next mental health startup to reach a billion dollar valuation was Calm in 2019. BURLINGAME, Calif., June 14, 2021 /PRNewswire/ --Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing. Lyra Health has 36 investors including Castlight Health, Providence, Castlight Health and Venrock Associates. Who are Lyra Health's competitors? BURLINGAME, Calif. , Jan. 19, 2022. About Dragoneer Investment GroupDragoneer is a growth-oriented investment firm with over $25 billion in long-duration capital. The firms track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. In 2020, mental health startup funding was 5.5 times the $275 million investors ponied up four years earlier, according to data from CB Insights. LianBio & SHANGHAI & PRINCETON, N.J.--(BUSINESS WIRE)--Lyra Therapeutics, Inc. (Nasdaq: LYRA), a clinical-stage therapeutics company leveraging its proprietary XTreo platform to enable precise, sustained, and local delivery of medications to ear, nose and throat (ENT) passages and other diseased tissues, and LianBio, a biotechnology company dedicated to bringing paradigm-shifting medicines to patients in China and other major Asian markets, today announced a strategic partnership and exclusive license agreement for the development and commercialization of LYR-210 in Greater China (mainland China, Hong Kong, Taiwan, and Macau), South Korea, Singapore and Thailand. Their latest acquisition was ICAS World on January 19, 2022. There's a lot more to emotions and connecting with people, reading people and diagnosing people than just looking at their face, says Gold, who is also a Forbes contributor. BURLINGAME, Calif, Jan. 28, 2021 /PRNewswire/ --Lyra Health, the leading provider of comprehensive mental health care benefits for employers, today announced a Series E financing round of $187 million. None of the information on this page has been provided or approved by Lyra Health. Industry: Health Care Services & Hospitals. 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. More than 83% of U.S. employees are experiencing mental health issues, according to research Lyra Health conducted in 2020 in partnership with the National Alliance of Healthcare Purchaser Coalitions. Leading self-insured employers partner with Lyra to tailor value-driven mental health benefits programs specific to their workforce. 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. Some of these valuations are beyond appropriate given the underlying fundamentals, Suennen says. tyler.gagnon@canalecomm.com, million adult CRS patients in China alone, we believe LYR-210 has the potential to address a significant unmet medical need and meaningfully improve the standard of care for patients in Asia., Internet Explorer presents a security risk. 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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. 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 and San Francisco-based Modern Health can only be accessed through an employer arrangement, while New York-based Talkspace and Mountain View, Calif.-based BetterHelp have websites where anyone can fill out a questionnaire and schedule an appointment. Investor Name . Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Sign up for a free trial to see Lyra Health's valuations in January 2022, January 2021, August 2020 and more. "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. 212-600-1902 Get the full list, Youre viewing 5 of 35 investors. Celebrity endorsements, like Olympic swimmer Michael Phelps campaign with virtual therapy startup Talkspace, started to chip away at the long standing stigma, while mindfulness apps like Calm offered meditation sessions at the click of a button. Chrome Extension. From 2016 to 2018, she served as a professor at the Center for Innovation for Global Health at Stanford University. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. Many mental health providers choose to operate out of insurance networks, since the reimbursement rates are so low. Lyra Health has a post-money valuation in the range of $1B to $10B as of Jan 19, 2022 . Lyra Health raised $187000000 on 2021-01-28 in Series E. Search Crunchbase. Spring Health was founded in 2016 and is based in New York,New York. Unmind operates as a workplace mental health platform. With an estimated 88 million adult CRS patients in China alone, we believe LYR-210 has the potential to address a significant unmet medical need and meaningfully improve the standard of care for patients in Asia.. Crazy indeed. Lyra Health has 22 investors. WATERTOWN, Mass. from 8 AM - 9 PM ET. Developer of a digital health platform designed to transform mental health care through technology along with the human touch. And then everything went crazy.. One in five people struggle with mental health challenges such as anxiety, depression, or substance use disorder, said David Ebersman, Lyra Health CEO and co-founder. Lyra Health revenue is $9.3M annually. If you or someone you know is thinking about suicide, please call the National Suicide Prevention Lifeline at 800-273-TALK (8255) or text the Crisis Text Line at 741-741. Seed: Venrock: Seed: Providence Health & Services: Series A: Origin Capital Management . Products. Competitors of Lyra Health include Spring Health, Twill, Strove, Valera Health, Alma, Brightline, Sanarai, TaskHuman, moka.care, Panda and 21 more. Lyras XTreo platform is comprised of a biocompatible mesh scaffold, an engineered elastomeric matrix and a versatile polymer-drug complex. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investor Activity Lyra Health has actively raised capital from investors. Lyra is now able to directly support more than 2 million members as we enable employers to offer their people easy, effective access to clinically proven mental health care. Fidelity Management and Research Company Durable Capital Partners Baillie Gifford It also noted that Lyra Health's most recent price per share is $27.47, an up round from the Series D, which priced shares at $14.21. The digital behavioral-health-benefits platform Lyra Health announced today the closing of its Series E funding round worth $187 million. and other contracted partners to be your Lyra Care Navigator Team and deliver clinical services. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. But it was the Covid-19 pandemic and collective psychological fallout that finally mainstreamed mental health. Jessi Gold, a psychiatrist and assistant professor at Washington University in St. Louis, has been conducting virtual appointments but prefers to see patients in person. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. LianBios mission is to catalyze the development and accelerate availability of paradigm-shifting medicines to patients in Greater China and other major Asian markets through partnerships that provide access to the best science-driven therapeutic discoveries. Lyra customers include Genentech, a member of the Roche Group; Morgan Stanley; Zoom Video Communications; and dozens of the world's largest, most respected brands. Contact Email care@lyrahealth.com. Lyra Health may also be known as or be related to Lyra Health, Lyra Health Inc and Lyra Health, Inc. COIT Cleaning and Restoration Services Careers, Senior Software Engineer jobs at Lyra Health, Customer Success Manager jobs at Lyra Health, Employee Relations Specialist jobs at Lyra Health.

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