Practice Better, a provider of practice management software for health and wellness professionals, raised $13 million in growth funding led by CIBC Innovation Banking.
The latest funding comes one year after Practice Better secured a $27 million growth investment led by Five Elms Capital.
Practice Better offers an all-in-one practice management software platform designed to help health and wellness professionals streamline their operations and enhance client care. The platform includes features such as appointment scheduling, telehealth services, billing, and client engagement tools, enabling practitioners to manage their practices more efficiently.
In the official press announcement, Nathalie Garcia, Co-Founder of Practice Better, said: “Since day one, our goal has always been to support practitioners and their clients by providing them with the tools they need for long-term success, and this partnership with CIBC Innovation Banking will allow us to accelerate that mission.”
“We’re excited to continue to solve real problems for our practitioners by expanding our platform and continuing to empower practitioners to run more efficient and successful practices,” added Nathalie Garcia.
With fresh funds, Practice Better intends to enhance its platform with AI capabilities and scale up its sales and marketing efforts.