Fullscript raises $240M to expand its B2B integrative medicine marketplace

Fullscript raises $240M to expand its B2B integrative medicine marketplace

3 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/10/fullscript-raises-240m-to-expand-its-b2b-integrative-medicine-marketplace/

The market for complementary and alternative medicine — a wide-ranging area that includes practice-based work like yoga as well as a huge range of supplements and everything in between — has been on a massive upswing , with the global industry valued at $82.3 billion in 2020 and growing at a fast clip in the years ahead.

Now, a company called Fullscript, which has built a wholesale backend and storefront builder to power the supplements businesses of alternative health practitioners providing these services, is getting a big infusion of cash to meet the opportunity. The Ottawa, Canada-based company has raised $240 million, funding that it will be using to continue expanding its business across North America, and developing more tools to serve its customers: practitioners building complementary and integrative treatment plans (bringing together both traditional and modern approaches) for their patients.

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