Startup profile for Practice: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Practice funding, valuation and investors

Coaching and consulting business OS — shut down November 2025.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Seed

$10M · 2021

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$10M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

shutdown

seed

Investors in latest funding

Lead: Andreessen Horowitz

Sources: latest funding · betakit.com Last verified: 2026-07-25

Overview

Practice built a coaching and consulting business OS — CRM, scheduling, and payments for coaches. Breather co-founder Julien Smith raised a $10M a16z-led seed in 2021. The company ceased operations in November 2025 per a farewell notice on practice.do after four years of product development.

Why Practice is interesting

Breather co-founder Julien Smith raised a16z-led seed; product wound down after four years.

Product & use cases

All-in-one operating system for coaching businesses: clients, scheduling, content, and payments.

  • Coach client management
  • Consulting business scheduling
  • Coaching practice payments

Key facts

  • a16z portfolio status: Active
  • Seed (2021): $10M led by Andrew Chen / a16z for coaching-business OS (BetaKit)
  • Operations ceased November 2025 per company farewell notice (practice.do)
  • Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24

Funding history (newest first)

Seed

2021 $10M

Source: Read source · betakit.com

Investors in our directory

Funds linked from Practice's profile — open a fund page for stage focus and related deal articles.

andreessen-horowitz

Competitive landscape

Edge: Vertical OS for coaches versus generic CRM.

Practice shut down Nov 2025 despite a16z backing — coaching OS market is crowded and churn-heavy.

  • HoneyBook direct

    Creative/coach business management.

  • Kajabi adjacent

    Course and coaching platform.

  • Calendly plus Stripe alternative

    DIY stack.

Notable stories

  • Julien Smith co-founded Breather before Practice; company posted farewell notice Nov 2025.

Industries

enterprise-saas consumer

Market / IPO context

Editorial / static context — not a live quote.

Related funding articles

Venture Capital Tracker pieces that cover Practice's financing or category context.

FAQs about Practice

Practical answers founders, operators, and investors typically search for.

Coaching and consulting business OS.
No — shut down November 2025.
a16z led $10M seed. See /fund/andreessen-horowitz.
Julien Smith, Breather co-founder.
Company farewell notice; specific reasons not detailed publicly.
Both serve solo professionals; Practice focused coaches.
2021.
Shutdown, not acquisition.
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Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.