Vynca, a Palo Alto, CA-based advance care planning solution, secured $10.3m in Series B funding.
Backers included First Trust Capital Partners, OCA Ventures, and Spectrum Health Ventures, key strategic individual investors and current investors Generator Ventures and the Ziegler LinkAge Longevity Fund. In conjunction with the funding, Rachel Kern of First Trust Capital Partners, Phil Fogg Jr. of Marquis Companies, and Arnie E. Burchianti, II will join the company’s Board of Directors. Dr. Scott Lancaster of Spectrum Health Ventures will join as a Board Observer.
The company intends to use the funds for expansion into new geographies and new product development.
Led by Ryan Van Wert, M.D., co-founder and CEO, Vynca provides an end-to-end solution that supports health care organizations to implement and scale advance care planning. The technology supports education and engagement in advance care planning conversations, shared decision making, digital completion of documents, and ensures universal document accessibility for individuals, their caregivers, and health care providers across the care continuum.
The company partners with over 80 hospitals, as well as health plans, ACOs, and five state registries.