CIBC Innovation Banking has announced a US$13 million growth capital investment in Practice Better, a leading all-in-one practice management platform tailored for health and wellness professionals. The funding will accelerate Practice Better’s expansion into new markets and foster advancements in product innovation, empowering practitioners to connect with millions of clients more efficiently.
Streamlining Practice Management
Practice Better provides an integrated suite of tools that includes scheduling, telehealth, client engagement, and billing. These features help practitioners save time on administrative tasks and focus on delivering personalized, client-centered care. The platform’s ability to consolidate essential functions into a single solution has made it an indispensable tool for healthcare and wellness professionals worldwide.
The new funding will enable Practice Better to further enhance its platform by incorporating transformative AI-driven features, expanding product development, and scaling sales and marketing efforts to meet the growing demand for digital healthcare solutions.
Empowering Practitioners with Innovation
“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,” said Josh Olawale, Director at CIBC Innovation Banking. “We are excited to support their continued growth and help redefine what is possible in the health tech space.”
As the demand for digital tools in healthcare continues to grow, Practice Better’s platform is poised to address critical needs, enabling practitioners to manage workflows more effectively and enhance client engagement.
Accelerating Mission-Driven Growth
Nathalie Garcia, Co-Founder of Practice Better, expressed her excitement about the partnership with CIBC Innovation Banking:
“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. This partnership with CIBC Innovation Banking will allow us to accelerate that mission. We’re excited to continue solving real problems for our practitioners by expanding our platform and empowering them to run more efficient and successful practices.”
With the infusion of growth capital, Practice Better will continue its focus on innovation, helping practitioners navigate the rapidly evolving healthcare landscape. New features powered by artificial intelligence will further streamline workflows, making it easier for practitioners to manage their practices while delivering superior client outcomes.
Leading the Digital Transformation in Healthcare
The investment comes at a critical time when healthcare professionals are increasingly adopting digital solutions to improve efficiency, unlock growth opportunities, and enhance patient engagement. Practice Better is uniquely positioned to lead this transformation, offering tools that not only simplify operations but also empower practitioners to scale their impact.
The healthcare industry’s shift toward digital-first solutions underscores the need for platforms like Practice Better, which bridge the gap between administrative efficiency and exceptional client care. The company’s continued growth highlights its pivotal role in reshaping practice management for health and wellness professionals.
With the support of CIBC Innovation Banking, Practice Better is set to expand its reach and capabilities, ensuring that health and wellness practitioners have the tools they need to thrive in an increasingly digital world. This investment not only fuels the company’s mission to transform practice management but also underscores the broader shift toward innovation in the healthcare industry.
As Practice Better continues to evolve, its focus remains on empowering practitioners, improving client experiences, and driving success for health and wellness professionals around the globe.
