Lyra Therapeutics (480 Biomedical)
IPOLyra Therapeutics (480 Biomedical) is a biotech company in Watertown, United States, founded in 2015. It has raised $59.5M across 3 rounds, most recently a $30.0M Series C in 2020 (est.).
Our focus is a new solution for chronic rhinosinusitis.
- Headquarters
- Watertown, Massachusetts
- Employees
- 11–50
- Founded
- 2015
- Business Model
- B2B
- Website
- lyratherapeutics.com
- Total Funding
- $59.5M
- Last Round
- $30.0M Series CJan 2020
- Rounds
- 3
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 1 investor for this company. The full record is or through the API.
About
Lyra Therapeutics historically developed therapies for patients with chronic rhinosinusitis. Its LYR-210 candidate was intended for patients who had failed previous medical management. In January 2026, Lyra Therapeutics announced the suspension of further development of LYR-210, changing the status of that development program.
Summary
It lists 11–50 employees. It has raised $59.5M in total across 3 rounds, most recently a $30.0M Series C round in 2020 (est.). Investors include Polaris Partners.
Tech & App Stack
3 technologies & apps tracked
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Funding & Exit History
Apr 2022
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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