CIBC Innovation Banking provided a $13 million growth capital facility for Practice Better, an all-in-one practice management software platform serving health and wellness professionals. The investment is designed support Practice Better’s continued expansion into new markets and accelerate product innovation empowering health and wellness professionals to reach millions of clients.
“Practice Better’s innovative platform is helping thousands of healthcare practitioners run more efficient practices, giving them more time to focus on their clients and scale their impact,” Josh Olawale, director at CIBC Innovation Banking, said. “We are excited to support their continued growth and help redefine what is possible in the health tech space.”
“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,” Nathalie Garcia, co-founder of Practice Better, said. “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.”
