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Practice Better

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Practice management for wellness professionals - Practice Better

Toronto, CanadaFounded 2014Health Tech & Medtech
Valuation $50–100M Last recorded · 2024
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Practice Better and the history behind them.

About Practice Better

Practice Better is a dynamic startup that provides an all-in-one practice management platform tailored for health and wellness professionals. The company primarily serves nutritionists, dietitians, health coaches, and other wellness practitioners. Operating in the health and wellness market, Practice Better offers a suite of tools designed to streamline administrative tasks, enhance client communication, and support the delivery of services both in-person and online.

The platform includes features such as appointment scheduling, client management, billing, and telehealth capabilities. It also supports document sharing, progress tracking, and online challenges, which are structured programs aimed at engaging clients and converting them into paying customers. This comprehensive approach allows practitioners to focus more on client care and less on administrative burdens.

Practice Better operates on a subscription-based business model. Practitioners pay a monthly or annual fee to access the platform's various features. This recurring revenue model ensures a steady income stream for the company while providing practitioners with continuous access to the tools they need to run their businesses efficiently.

In summary, Practice Better is revolutionizing the way health and wellness professionals manage their practices by offering a robust, user-friendly platform that enhances productivity and client engagement.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Toronto, Canada
Employees
89
Open positions
9
Dealroom signal
85.1/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hard Tech
Business model
SaaS
Client focus
b2c
Investment activity
1 company, latest Jun 2023
Capital deployed
—
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Nov 2024 $13M $52M CIBC Innovation Banking ↗
GROWTH EQUITY VC✓Equity / VC Apr 2023 $27M — Five Elms Capital ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

Practice Better website traffic

Latest recorded traffic for Practice Better is 1.9M monthly website visits, up 35.7% over the last three months. Practice Better's team grew 12.7% over the past year.

Latest monthly visits1.9M 3-month web change+35.7% 1-year team growth+12.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • DMZ
  • Disruption Ventures

Series B and later2 investors entered at this stage

  • Five Elms Capital
  • CIBC Innovation Banking
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇦 Canada72.9%
🇺🇸 United States27.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Practice Better on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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