Vynca, a leading technology-enabled provider of holistic care for those with serious illnesses, raised $30 million in growth capital. The investment was led by Questa Capital with participation from existing investors including Generator Ventures, First Trust Capital Partners, 4100 Group and OCA Ventures.
Vynca partners with healthcare providers, payers and risk-bearing entities to address the needs of those battling serious illnesses, including congestive heart failure, cancer and end-stage renal disease. By leveraging technology and interdisciplinary care teams, the company’s solution improves the experience of the individual and the caregiver before and during end-of-life transitions, which is when more than $205 billion is spent annually in the U.S.
“Vynca has emerged as an industry leader when it comes to providing whole-person care for patients dealing with serious illnesses. The company’s model, which incorporates virtual palliative care services, advance care planning, care coordination, symptom management and provider engagement, is truly unique, integrated and highly scalable,” said Brad Sloan, Managing Partner, Questa Capital. “As investors, we have studied the space for several years and believe that Vynca is well-positioned to improve care quality at a national scale, especially in the context of an evolving value-based care environment.”