Five Elms Capital Leads $27M Growth Investment in Practice Better

Five Elms Capital Leads $12M Series A in Barti Software

August 25, 2025

Cloud & SaaS

Barti Software, an AI-powered EHR and practice management platform for eye care, raised a $12 million Series A round led by Five Elms Capital to scale go-to-market, grow the team, and accelerate AI product development as it expands into ophthalmology. Barti, headquartered in San Francisco, has onboarded more than 200 practices and will use the funding to expand integrated features and automation for eye care providers.

Practice Better Acquires That Clean Life

July 25, 2023

Cloud & SaaS

Practice Better, a PE-backed practice management software platform for health and wellness professionals, has acquired That Clean Life, a Toronto-based nutrition planning software. The deal integrates personalized nutrition planning into Practice Better’s platform as an add-on capability to better serve health and wellness professionals and support the company's growth roadmap.

Lightyear Capital Recapitalizes PracticeTek with Greater Sum Ventures

December 6, 2021

Cloud & SaaS

Lightyear Capital led a recapitalization of PracticeTek, joining founding investor Greater Sum Ventures to support the company's next phase of growth. The transaction will fund PracticeTek's continued organic growth, expansion of embedded payments and patient engagement capabilities, and strategic acquisitions to scale its retail healthcare software platform.

Gymdesk Raises $32.5M Growth Investment from Five Elms Capital

July 8, 2024

Cloud & SaaS

Gymdesk, a provider of member management SaaS for gyms and boutique fitness studios, has raised a $32.5 million growth investment from Five Elms Capital. The capital will be used to accelerate product development, expand market reach, and deepen support for existing and new customers.

424 Capital, Eagle Private Capital and Plexus Capital Acquire Majority Stake in Practis

December 31, 2019

Healthcare Services

424 Capital, together with Eagle Private Capital and Plexus Capital, purchased a majority share in Practis from founder Elizabeth Pettrone and CEO John Pettrone Jr., who will remain investors and active managers. Practis is a digital marketing and SaaS provider serving independent healthcare providers (over 700 customers); the investors plan to accelerate growth, expand services, and enter new markets.

Vista Equity Partners Invests in BetterCloud

June 9, 2022

Cloud & SaaS

Vista Equity Partners made a strategic growth investment in BetterCloud, the SaaS management platform provider, to accelerate product innovation, geographic expansion, and go-to-market growth. Existing investors including Accel, Bain Capital Ventures and Warburg Pincus will remain as minority stakeholders.