Developer of a digital health platform designed to transform mental health care through technology along with the human touch. Lyras lead product candidate, LYR-210, is in late-stage clinical development for the treatment of chronic rhinosinusitis and is designed to deliver up to six months of continuous anti-inflammatory drug therapy to the sinonasal passages. Sign up for a free trial to see Lyra Health's valuations in January 2022, January 2021, August 2020 and more. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. The only thing that is under-treated in American healthcare is mental health care, says Kocher, adding that historically mental health businesses havent been profitable. Lyra separately announced today new plans to enhance its international solutions. In 2020, peer-reviewed Lyra research demonstrated the effectiveness of the Blended Care treatment program for clients with depression and anxiety. 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. After extensive research and analysis, Zippia's data science team found the following key financial metrics. There were 124 deals last year, compared to 69 deals in 2016. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Calm offers a free app but also has a paid subscription offering which provides customers with access to a full library of meditation, music and sleep content. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Existing partners also participated in the funding round. Dr. . Lyra hit unicorn status in 2020 in a pandemic-fueled funding round, and Modern Health, BetterUp and Ginger joined the club in 2021. Calm started out as a direct-to-consumer mindfulness app with guided meditations and soothing soundtracks. Sisco is currently co-president and chief financial officer at Workday. 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. . Join us for Breakthrough, Lyras annual mental health conference, in San Francisco. As part of the agreement, LianBio will also have the first right to obtain development and commercial rights in the licensed territories to Lyras LYR-220, an anti-inflammatory, intra-nasal, drug matrix in development for the treatment of CRS patients who have undergone a prior sinus surgery but continue to have persistent disease. This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families, said Ebersman. "2020 put the need for mental health care transformation in sharp focus, as more people sought help during these extraordinary and difficult times," said David Ebersman, Lyra Health CEO and co-founder. With Lyra, benefits leaders can offer employees fast, reliable access to providers who practice evidence-based mental health care treatments. With the new funding, Lyra will accelerate its delivery of comprehensive, evidence-based, culturally responsive mental health care benefits for employees and their families around the world. Intrepid investors started dabbling in mental healthcare over the past few years as part of a broader digital health funding boom, but many remained wary.
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