Practice Better Raises $27M in Growth Funding

Practice Better

Practice Better, a Toronto, Canada-based provider of a practice management software platform for health and wellness professionals, raised $27M in Growth funding.

The round was led by Five Elms Capital.

The company intends to use the funds for the development of new integrations and strategic partnerships, for enhanced product features, as well as for expansion of its go-to-market (GTM), customer-facing, and tech teams. 

Founded in 2016 by Nathalie Garcia, Practice Better offers comprehensive practice management software for health and wellness practitioners with adoption from verticals including naturopathic doctors, chiropractors, mental health therapists, and other wellness professionals. Its features include scheduling and appointment management, telehealth, charting, billing, client engagement, online programs, payment processing, and more. The company currently serves 10,000+ customers in over 70+ countries across the globe, and processes hundreds of millions annually in payments on behalf of customers.

FinSMEs

27/04/2023