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Practice Better Announces $27 Million Growth Investment To Transform How Wellness Professionals Empower Their Clients To Live Better

PRIVATEApr 27, 2023

Amount Raised

$27 Million

Round Type

Venture

TorontoSoftwareHealth CareFitnessWellness

Investors

Disruption VenturesFive Elms Capital

Description

Practice Better, a leading, all-in-one practice management software platform for health and wellness professionals, announced today that it has raised a $27 million growth investment led by Five Elms Capital and follows a $1 million investment from Disruption Ventures in 2021. The investment will support the development of new integrations and strategic partnerships, as well as enhanced product features to help health professionals sustainably scale their businesses and deliver better client care. The company plans to invest in expanding its go-to-market (GTM), customer-facing, and tech teams to better support its growing customer base.

Quick answer

Practice Better raised $27 Million in a funding round, dated April 27, 2023. Investors: Disruption Ventures and Five Elms Capital. Practice Better is based in Toronto, Ontario, Canada.

How much did Practice Better raise?
Practice Better raised $27 Million in a funding round on April 27, 2023.
Who invested in Practice Better?
Disruption Ventures and Five Elms Capital are named as investors in this round.
What does Practice Better do?
Practice Better is a leading all-in-one practice management software solution transforming how Health & Wellness professionals run their practices and support their clients.
Where is Practice Better based and how big is it?
Practice Better is based in Toronto, Ontario, Canada.
Who are the decision-makers at Practice Better?
Fundz holds 1 contact at Practice Better. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fitness and Wellness around the same time

Companies in the same sectors as Practice Better that raised within 45 days of this round, from Fundz verified event records.

  • Proteus Motion raised $1.5M (Series A) on May 17, 2023.
  • DarioHealth raised $15M on May 1, 2023.
  • Ww International raised $34M on April 10, 2023.
  • Ramp Health raised $4M (Seed) on March 19, 2023.
  • Laudio LLC raised $13M (Series B) on June 8, 2023.
  • Significo raised $12M (Series A) on June 7, 2023.

Who to call at Practice Better, and when

A new round usually means Practice Better is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Practice Better

Location

Toronto, Ontario, Canada

About

Practice Better is a leading all-in-one practice management software solution transforming how Health & Wellness professionals run their practices and support their clients. Trusted by practitioners across the globe, Practice Better empowers wellness professionals to streamline admin work, engage clients and scale their practices beyond traditional 1:1 models. Thousands of health & wellness professionals rely on Practice Better to scale smarter and empower their clients to live better.

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