When was Practice founded?

Practice was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Practice located?

Practice is headquartered in Montreal, Canada. It is registered at 3936 Place Guay, Montréal.

Who is the current CEO of Practice?

Julien Smith of Practice. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Practice associated with?

Practice is associated with 10660191 Canada Inc..

How many employees does Practice have?

As of Jul 01, 2024, the latest employee count at Practice is 21.

Is Practice a funded company?

Practice is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 28, 2021.

When was the latest funding round of Practice?

Practice's latest funding was a $***** Seed round on Oct 28, 2021, with participation from 36 investors.

Where does Practice rank among its competitors?

Practice ranks 260th amongst 2531 active competitors, of which 90 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Marg Compusoft, which secured $45.7M in Jul, 2025.

Who are the top competitors of Practice?

Practice's top competitors include The Access Group, Visma and SpotOn. Among them, Marg Compusoft secured the most recent funding round in July, 2025.

Practice - 2026 Company Profile, Team, Funding & Competitors

Practice is a seed company based in Montreal (Canada), founded in 2020 by Julien Smith. It operates as a Provider of business training services. Practice has raised $10M in funding. The company has 2531 active competitors, including 90 funded and 84 that have exited. Its top competitors include companies like The Access Group, Visma and SpotOn.

Company Details

Website: practice.do
Social
Registered Address: 3936 Place Guay, Montréal

Key Metrics

Founded Year

2020

Location

Montreal, Canada

Stage

Seed

Total Funding

$10M in 1 round

Latest Funding Round

Seed, Oct 28, 2021, $*****

Investors

Andrew Chen & 40 more

Ranked

260^th among 2531 active competitors

Employee Count

21 as on Jul 01, 2024

Similar Companies

SpotOn & 799 more

View Practice's full profile

Practice is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
10660191 Canada Inc. CIN: 10660191 , Canada, Active	Nov 21, 2019	-	-	-

Practice has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Oct 28, 2021 for $*****. 36 investors participated in its latest round. Practice has 6 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of Practice:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2021	5850007	Seed	7518527	7219532	2612630	3078486

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View details of Practice's funding rounds and investors

The founders of Practice is Julien Smith. Julien Smith is the CEO of Practice.

Here are the details of Practice's key team members:

Julien Smith: Founder and CEO of Practice and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.

View details of Practice's Founder profiles and Board Members

Practice's employee count trend

Practice has 21 employees as of Jul 24. Here is Practice's employee count trend over the years:

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Top competitors of Practice include The Access Group, Visma and SpotOn. Here is the list of Top 10 competitors of Practice, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	The Access Group 1991, Loughborough (United Kingdom), Acquired	Provider of business management software for finance, HR, and payroll	$1.49B	Hg, Lyceum Capital & 20 others	82/100
2nd	Visma 1996, Oslo (Norway), Acquired	Provider of cloud-based software for businesses, accounting offices, and public sector	$198M	GIC, Norges Bank Investment Management & 26 others	82/100
3rd	SpotOn 1999, San Francisco (United States), Series F	Point-of-sale systems and business software solutions for restaurants and small businesses	$923M	Andreessen Horowitz, Dragoneer Investment Group ... & 15 others	77/100
4th	Tailor Brands 2014, Tel Aviv (Israel), Series C	Machine Learning based content creation solution provider	$70.6M	Armat Group, Pitango & 4 others	77/100
5th	HoneyBook 2013, San Francisco (United States), Series E	Client workflow process automation software	$479M	Tiger Global Management, Vintage Investment Partners ... & 42 others	75/100
6th	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of AI-based software for business management	-	Itz Cash Card, American Express Ventures ... & 45 others	72/100
7th	Marg Compusoft 1992, Delhi (India), Series C	Developer of software for retail, distribution, and manufacturing business management	$45.7M	Jashvik Capital, API Holdings	68/100
8th	Thryv 1986, New York City (United States), Public	Provider of SaaS-driven business management solutions	$700K	Dimensional, Marshall Wace & 5 others	67/100
9th	ECi Solutions 1999, Westlake (United States), Acquired	Cloud-based enterprise resource planning software provider for SMEs	-	Ardian, ICP Group & 7 others	66/100
10th	MYOB 1991, Cremorne (Australia), Acquired	Developer of business management software including accounting and payroll solutions	-	CVC, KKR & 3 others	65/100
260th	Practice 2020, Montreal (Canada), Seed	Provider of business training services	$10M	Andreessen Horowitz, Coughdrop Capital & 39 others	29/100