Practice management software company gets $27M investment

Practice Better, a practice management software company, received a $27 million growth investment led by Five Elms Capital.

The company plans to use the investment to support new partnerships and enhance its software product offerings. The company has recorded a 300 percent compound annual growth rate since its founding in 2016, according to an April 27 news release.

"This investment comes at a critical time as conventional medicine models are under tremendous pressure and the demand for proactive, alternative forms of wellness care is on the rise," Practice Better founder Nathalie Garcia said in the news release. "I'm excited to continue to evolve the platform, grow our team, and expand into new verticals."

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