Shields Capital
One Post Office Square, Boston, MA, 02109, United States
Overview
Shields Capital partners with mission-driven entrepreneurs to transform innovative ideas into sustainable next-generation healthcare companies run by championship-caliber teams.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Health Care
Investment portfolio
- Lynx
Participated · Seed · Mar 2022
Lynx offers an API-first fintech platform for healthcare payments and administration that lets partners embed CDH accounts, SKU-restricted Medicare Advantage payment cards, and custom OTC storefronts into websites and apps. The platform is designed for customization and scalability, can be fully embedded via API, and supports customizable front-end experiences and mobile applications for marquee clients including large health plans, financial institutions, and benefits administrators. Led by CEO Matthew Renfro, the company says partners can build and launch solutions in as little as 10 weeks. Lynx plans to use the new capital to expand innovation in Medicare Advantage supplemental benefits, Medicaid value-added benefits, ICHRA, enhance consumer-directed health (CDH) account administration and compliance, and develop API-driven products to streamline consumer experience and operations. Financially, Lynx closed a $27M Series A, bringing total funding to $44M. The company is based in Boston, MA. Lynx provides an API-connected platform for healthcare payments, banking, and e-commerce that lets enterprises embed customizable, integrated health-fintech solutions. Its customers include health plans, health systems, payroll providers, benefit administrators, and digital health companies. The platform offers real-time processing and data analytics, security and regulatory infrastructure, and dedicated customer support. Lynx’s team works closely with clients to tailor solutions to their customer bases. The company emerged from stealth alongside its fundraising announcement. Co-founders Matt Renfro (CEO) and Ken Abel (CIO) lead product and engineering efforts.
Team
No current team members are available.