Phynd Technologies, Inc., a Kearney, NE-based healthcare application service provider, secured $1.1M in Series A equity funding.
The round was led by Dallas Venture Partners, with participation from angel investor Tony Morris, as well as all existing seed investors. In conjunction with the financing, Jim Duda, Managing Partner of Dallas Venture Partners, will join the Phynd Board of Directors.
The company, which has raised $3.1M to date, intends to use the funds to to expand its support, sales and marketing efforts.
Led by Tom White, CEO, Phynd provides a Unified Provider Management (UPM) Platform that enables healthcare organizations to unify, manage, customize, and share essential provider information across their core IT systems. Launched in 2013, the platform is now used in over 74 hospitals enterprise-wide to speed billing, optimize the revenue cycle, streamline workflow, improve productivity, and enhance care coordination.
The company also has executive offices in Dallas, TX.