Vynca, a Palo Alto, California-based startup focused on advance care planning, has nabbed $10.3 million in Series B funding.
Investors included First Trust Capital Partners, OCA Ventures and Spectrum Health Ventures, as well as “key strategic individual investors,” according to a news release. Current Vynca investors such as Generator Ventures and the Ziegler LinkAge Longevity Fund also took part.
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The money will help the company with new product development and its expansion into new geographies.
Founded in 2013, Vynca offers a SaaS-based advance care planning solution that lets healthcare organizations deliver end-of-life care that fits with a patient’s preferences. Its technology, which integrates with the EHR, supports education, shared decision-making and digital completion of advance care planning documents.
The startup’s clients include hospitals, health systems, accountable care organizations, health plans and entities in the post-acute care space.
Vynca also provides solutions to the state registries in Oregon, California, Delaware, Louisiana and South Carolina. Its HIPAA-compliant electronic registry solution allows providers to complete and submit advance care planning documents to the centralized registry via a secure web portal.
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“We’re pleased to receive the support and insight from these highly strategic health care investors who share our vision of creating a national advance care planning network,” said Vynca co-founder and CEO Ryan Van Wert in a statement. “Our continued growth will ensure that more individuals have their voices heard, and that health care providers have immediate access to care preferences, so that every person’s end-of-life wishes are known and honored.”
Photo: CaptureTheWorld, Getty Images
