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.
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