Qida Secures Record €37M to Transform Elderly Care in Spain

HealthTech startup Qida plans nationwide expansion, stronger technology, and a larger care workforce to support dignified home care for seniors.

Sheridan, WY, 6 November 2025 – Qida, a fast-growing HealthTech startup based in Sabadell, has raised €37 million in fresh funding to expand its elderly home care services across Spain. This mark the largest investment ever in Spain’s eldercare sector and stands out as one of the biggest funding rounds for a spanish social impact company.

The investment round was led by Quadrille Capital, Qida’s first international investment partner, alongside Asabys Partners and the Social Impact Fund (FIS) managed by Confides – partcipated directly in a startup for the first time. Additional support came from ICF, Endeavor Catalyst and returning investors including Kibo Ventures, Creas and Ship2B.

Qida’s CEO and co-founder, Oriol Fuertes Cabassa, describes the investor group as a powerful combination of growth, healthcare and impact expertise, each now represented on the company’s board.

Standing Out in European Healthtech Landscape

In the current European HealthTech market, where many funding rounds are modest, Qida’s raise is particularly notable. Recent investments in similar sectors, sucjh as Neu Health in London in London (€1.9M) and Teton.ai in Copenhagen (€17M Series A) – pale in comparison.

The deal highlights Spain’s continued commitment to innovation in healthcare and senior support at a time when AI-driven healthcare is gaining momentum across Europe.

Qida’s Mission and Expansion Plans

Founded in 2018, Qida began as a digital platform that helped families connect with trained caregivers. Today, it has evolved into a holistic home care provider, offering services that blend technology, clinical expertise, and personalized support.

The new funding will focus on three key pillars:

  1. Growth: Expanding into more Spanish cities and continuing its strategy of acquiring smaller home care providers. Qida aims to support 100,000 seniors and reach €100M in annual revenue by 2027, up from €40M expected this year.
  2. Technology: Strengthening digital tools to enable proactive and preventive care, supported by AI-powered systems. Former Glovo CPO Daniel Alonso joins the team to drive this roadmap.
  3. Team Development: Growing from 300 internal staff and 2,000 caregivers to a projected 700+ employees in the coming years.

Cabassa clarifies that Qida is already profitable, and the funding will accelerate growth rather than cover losses.

Innovating Home Care in Spain

Qida’s work includes developing patient monitoring software with the Catalan government and launching Spain’s first insurance product tailored to conditions like Parkinson’s disease. The platform also offers a growing marketplace of senior-focused support services.

Investors emphasize the company’s people-first approach, financial discipline, and clear capacity for scalable social impact.

Alejandra Duran Gil of Quadrille Capital shares: “Qida combines technological innovation with a human-centered mission, positioning it as a leader in the sector.”

Meanwhile, FIS Director Raúl Sánchez highlights the company’s balance of profit and positive social impact, calling Qida a model for the future of dignified home care.

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