Practice Better, a provider of a practice management software platform for health and wellness professionals, raised US$13 million in growth funding.
CIBC Innovation Banking led the investment round.
Practice Better intends to use the fresh funds to scale up the capabilities of its platform with AI-driven features, boost its product development efforts, and scale its sales and marketing activities.
According to the Practice Better website, its practice management platform helps wellness professionals streamline administrative work, engage clients, and scale their practices beyond the traditional 1:1 model. Its practice management platform includes a suite of tools that integrate scheduling, telehealth, client engagement, and billing, helping practitioners save time on administrative tasks and focus on delivering client-centric care.
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 these latest funds will allow us to accelerate that mission.”