Spectrum Health Ventures in Grand Rapids today announced it has invested in a Series B funding round for Vynca, a California-based advance care planning solution. The round secured $10.3 million.
Other investors included First Trust Capital Partners and OCA Ventures. Vynca provides an end-to-end solution supporting health care organizations so they can implement and scale advance care planning, so patients’ end-of-life care preferences are honored.
The technology supports education and engagement in advance care planning conversations, shared decision making, and digital completion of documents, and ensures universal document accessibility for individuals, caregivers, and health care providers.
The funding will help fuel the company’s expansion into new geographies and drive new product development.
“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,” says Dr. Ryan Van Wert, co-founder and CEO of Vynca. “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.”
Vynca partners with more than 80 hospitals, as well as health plans, accountable care organizations, and five state registries.