Italian-based TeiaCare has raised €7 million in a funding round led by
P101 SGR. The round also included participation from existing shareholders and
new healthcare-focused investors, including Spanish family offices Namarel and
Inderhabs.
Founded in 2018 by Guido Magrin and Luca Iozzia, TeiaCare develops care-monitoring solutions for residential healthcare facilities such as nursing
homes, rehabilitation centres, and dementia care units.
Its proprietary
platform, Ancelia, combines optical sensors and artificial intelligence to
monitor care environments and convert the data into actionable insights, supporting
care staff in decision-making, risk prevention, and daily operations.
Guido Magrin said that as structural weaknesses in the residential
healthcare sector become more apparent, technology is no longer optional but
essential:
Today, we have a unique opportunity to help define
a new category of care solutions: practical tools that support care
professionals, improve the quality of life for vulnerable individuals, and
structurally address one of the major challenges of our time – population
aging.
The company currently serves more than 150 clients across over 200
facilities, covering around 75,000 residents. It operates in a sector under
increasing pressure, driven by rising demand for long-term and home care
services, as well as ongoing workforce shortages.
TeiaCare will use the new funding to scale its business model, expand
into new geographic markets, and further develop its Data, Spatial, and Care
Intelligence capabilities.
The company also plans to extend its solutions
beyond residential care into broader healthcare and home care settings, while
initiating its international expansion with an initial focus on France and Spain.