Investment will expand the Fullscript platform across the patient treatment lifecycle
HGGC, a leading middle-market private equity firm, and Snapdragon Capital Partners, an investment firm focused on the intersection of growth consumer categories and digital enablement, announced that they have signed a definitive agreement to make a $240 million strategic growth investment in Fullscript, the leading platform to power the expansion and accessibility of integrative medicine. Details of the private transaction were not disclosed.
Fullscript is an innovative tech company and the health care industry’s leading online platform for professional grade supplements, custom protocols, adherence management and a library of clinical and evidence-based resources that simplify integrative medicine for practitioners and their patients. With a repository of 20,000 practitioner-grade products from over 300 brands, Fullscript offers a personalized experience to support practitioners and patients on their wellness journey.
“We are very excited to partner with HGGC and Snapdragon to build on the immense growth we have achieved over the past decade and take our business to the next level,” said Kyle Braatz, CEO at Fullscript. “With the support of our new investors, we will continue our unwavering focus on empowering practitioners and supporting their patients, while strengthening our position as the leading digital platform for integrative medicine. We plan to make significant investments in people, technology, partnerships and acquisitions to accelerate our growth strategy and deliver on our mission to help people get better.”
“Practitioners need a strong partner to deliver the best integrative treatment experience for their patients,” said Bill Conrad, HGGC partner. “Through its direct-to-patient platform, Fullscript enables practitioners to better allocate resources and focus on patient care. HGGC and Snapdragon look forward to supporting Fullscript’s vision to be the platform that powers integrative medicine.”
Fullscript has consistently been recognized as one of the fastest growing, innovative tech companies in the country by Canadian Business, MaCleans and The Globe and Mail.
About Fullscript
Thousands of practitioners use Fullscript to write virtual treatment plans, dispense wellness and help their patients make healthy habits stick with adherence tools and evidence-based resources. Choose virtual dispensing, in-office sales, group care, or whatever mix fits your workflow. Recommend industry-leading supplements then use treatment adherence features to automate refills, educate, and promote wellness from anywhere. Fullscript is a company where teammates have their talent celebrated, are given the tools to grow faster than the company and are inspired to put their wellness at the forefront of their everyday lives. For more information on opportunities at Fullscript, check out www.fullscript.com/careers.
