HomeCanadaPractice Better Receives US$13M in Growth Capital from CIBC Innovation Banking

Practice Better Receives US$13M in Growth Capital from CIBC Innovation Banking

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Practice Better

Practice Better, a Toronto, Ontario-based provider of a practice management software platform serving health and wellness professionals, received US$13M in Growth Capital from CIBC Innovation Banking.

The company intends to use the funds to enhance its platform with AI-driven features, expand its product development, and scale its sales and marketing efforts.

Practice Better is a provider of a practice management platform for health and wellness professionals serving practitioners in 70+ countries and reaching more than 1 million clients across the globe. The system empowers wellness professionals to streamline administrative work, engage clients, and scale their practices beyond the traditional 1:1 model. The company’s solutions have been used by a wide range of health and wellness practitioners, including naturopathic doctors, chiropractors, and mental health therapists.

FinSMEs

26/11/2024

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