How Much Did SmartPractice Raise?
Funding & Key Investors

SmartPractice, a long-standing leader in the healthcare supply and professional services sector, has successfully secured significant capital to bolster its operational capabilities. With a total historical capital accumulation of $798K, the firm continues to demonstrate robust financial health. The most recent infusion of $448K represents a major strategic investment, underscoring the company's commitment to scaling its diverse portfolio of medical supplies and patient communication solutions in an increasingly competitive global market.

What is SmartPractice?

SmartPractice
ManufacturingMedical Devices & EquipmentAdvertising Networks

Founded in 1969 and headquartered in Phoenix, Arizona, SmartPractice operates as a multifaceted, family-owned enterprise. The company provides a comprehensive suite of services and products tailored to dental, veterinary, dermatology, allergy, and general healthcare professionals. Its market position is defined by a unique integration of medical supply distribution—including specialized patch testing and high-quality exam gloves—with sophisticated practice marketing and patient communication tools. By bridging the gap between clinical supply chain management and professional practice growth, SmartPractice maintains a critical role in the operational efficiency of healthcare providers worldwide.

How much funding has SmartPractice raised?

SmartPractice has raised a total of $798K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$448K

Debt (2020): $350K with participation from PPP

Debt (2021): $448K led by PPP

Key Investors in SmartPractice

PPP

Public-Private Partnership

What's next for SmartPractice?

The recent strategic investment positions SmartPractice to further optimize its supply chain infrastructure and expand its digital communication offerings. As the firm navigates the complexities of the modern healthcare landscape, this capital will likely be deployed to enhance product innovation and strengthen its global distribution network. By leveraging its decades of industry expertise, the company is well-positioned to capitalize on the growing demand for integrated practice management solutions, ensuring that it remains a cornerstone partner for healthcare practitioners seeking to improve patient outcomes and operational performance.

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Frequently Asked Questions Regarding SmartPractice Financial Insights

What are the most recent funding rounds that SmartPractice has completed, and what were the funding rounds?
SmartPractice has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 5, 2020.
What is the total amount of funding SmartPractice has raised to date?
SmartPractice has raised a total of $798K in funding to date.
How many funding rounds has SmartPractice completed?
SmartPractice has completed 2 funding rounds.
How much funding did SmartPractice raise in its most recent funding round?
SmartPractice raised $448K in its most recent funding round.
Who are the lead investors in SmartPractice's latest funding round?
The lead investor in SmartPractice's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SmartPractice's history?
The largest funding round in SmartPractice's history was $448K.
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