Work Here?
About Practice Better
Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$41.7M
Headquarters
Toronto, Canada
Founded
2014
Overview
Practice Better offers an all-in-one practice management platform for health and wellness professionals, such as nutritionists, dietitians, and health coaches. The platform provides appointment scheduling, client management, billing, telehealth, document sharing, and progress tracking in a single cloud service, with online challenges to engage clients. Its focus on the health and wellness field and features like structured online challenges and integrated client engagement tools distinguish it from generic practice tools. Its goal is to help practitioners run their practices more efficiently, improve client communication, and grow their businesses by reducing administrative work.
Simplify's Take
What believers are saying
- Serves over 50,000 practitioners worldwide, processing hundreds of millions in payments annually.
- Secured $13M USD growth capital from CIBC Innovation Banking for expansion.
- Kate O'Brien joined as Head of People on May 4, 2023, scaling teams effectively.
What critics are saying
- Jane App erodes market share with superior mobile app and lower pricing in 6-12 months.
- SimplePractice captures therapy users via advanced HIPAA billing in 12-18 months.
- Nutrium rivals That Clean Life's nutrition planning at lower costs in 3-6 months.
What makes Practice Better unique
- Practice Better integrates scheduling, telehealth, billing, and AI charting for wellness professionals.
- Acquired That Clean Life in July 2023, adding nutrition planning and AI Health Insights.
- Launched Practice Better Payments and AI Charting Assistant on December 12, 2023.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$41.7M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Unlimited Paid Time Off
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Home Office Stipend
Remote Work Options
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -3%2 year growth
↑ 3%Le groupe Services financiers Innovation CIBC a annoncé aujourd’hui qu’il fournit une facilité de capital de croissance de 13 millions de dollars amér
Practice Better receives US$13M in Growth Capital from CIBC Innovation Banking.
Toronto-based Practice Better has closed a $13-million USD ($18-million CAD) debt facility from CIBC Innovation Banking.
TORONTO, March 26, 2024 /PRNewswire/ - Practice Better, the leading all-in-one practice management platform for health and wellness professionals, today announced the release of That Clean Life's AI Health Insights, a new feature that empowers practitioners with nutrition education associated with each recipe on their clients' nutrition plan to promote better dietary adherence, and ultimately better health outcomes.
Practice Better, the all-in-one practice management software platform for health and wellness professionals, announced the launch of Practice Better Payments, bringing the power of integrated payments to the practice management platform already trusted by thousands of health and wellness professionals.
Practice Better is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Practice Better
Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$41.7M
Headquarters
Toronto, Canada
Founded
2014
Practice Better is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today