Practice Better, a Toronto, Canada-based all-in-one practice management software platform for health and wellness professionals, has secured a US$13 million growth capital facility.
Investor
The investment was provided by CIBC Innovation Banking, which delivers strategic advice, cash management, and funding to innovation companies across North America, the UK, and select European countries. CIBC Innovation Banking supports businesses at all stages of their growth, from startup to IPO and beyond. The organization operates offices in Atlanta, Austin, Boston, Chicago, Denver, Durham, London, Menlo Park, Montreal, New York, Reston, Seattle, Toronto, and Vancouver.
Practice Better Use of Funds
The funding will enable Practice Better to expand into new markets, enhance its product offerings with AI-driven features, and scale sales and marketing efforts to meet the increasing demand for digital healthcare solutions.
About Practice Better
Practice Better provides an all-in-one practice management platform designed to empower health and wellness professionals to help millions of clients live healthier lives. The company serves tens of thousands of practitioners in over 70 countries, reaching over 1 million clients worldwide. The platform helps streamline administrative tasks, foster client engagement, and enable practitioners to scale their practices beyond the traditional 1:1 model.
Funding Details
Company: Green Patch Inc.
Raised: US$13.0M
Round: Growth Round
Funding Date: November 2024
Investor: CIBC Innovation Banking
Company Website: https://practicebetter.io/
Software Category: Practice Management
Source: https://www.businesswire.com/news/home/20241126470295/en/