HealthTech scaleup Qida has raised €37 million to accelerate the expansion of its tech-enabled elderly care services across Spain — marking the largest investment ever in Spain’s eldercare sector and one of the biggest funding rounds for a Spanish social impact company.
The round was led by Quadrille Capital, Qida’s first international investor, with participation from Asabys Partners, the Social Impact Fund (FIS) managed by Cofides, the Institut Català de Finances (ICF), Endeavor Catalyst, and returning backers Kibo Ventures, Creas, and Ship2B.
“It’s a powerful syndicate — a triumvirate between a growth fund, a health fund, and an impact fund,” said Oriol Fuertes Cabassa, co-founder and CEO of Qida. “This investment not only allows us to grow and consolidate our leadership, but also to maximize our social impact.”
Scaling a people-centered HealthTech model
Founded in 2018, Qida began as a digital platform connecting families with professional caregivers and has since evolved into a full-service HealthTech provider redefining home-based care. The company now partners with the Catalan government on patient monitoring software for the public health system and recently launched Spain’s first insurance product for chronic conditions like Parkinson’s.
Qida also operates a marketplace for senior services, described as “an Amazon for eldercare,” offering an integrated ecosystem of health, care, and household support for older adults.
“We have complete confidence in Qida’s model,” said Alejandra Durán Gil, Partner and CIO at Quadrille Capital. “The company combines technological innovation with a people-centered approach, positioning it as the undisputed leader in its sector.”
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Backed by impact and health investors
The funding comes amid renewed investor interest in eldercare and HealthTech innovation across Europe. Qida’s €37 million round dwarfs recent European eldercare investments — including Teton.ai’s €17M Series A in Denmark and Doctor.One’s €4M raise in Poland — signaling that the Spanish company is emerging as a continental leader in tech-enabled care.
“Qida is proof that it’s possible to be a profitable company while generating measurable social impact,” said Raúl Sánchez, Director of the Social Impact Fund (FIS).
Growth, technology, and team
Already profitable, the company plans to use the capital to expand into new cities, pursue further acquisitions (after integrating nine smaller providers since 2021), and quadruple its reach to serve 100,000 seniors by 2027. Revenue is expected to rise from €40 million in 2025 to €100 million within two years.
The team — currently 300 employees and 2,000 caregivers — is set to grow to over 700 staff, supported by new hires including Daniel Alonso (former CPO at Glovo) and Jordi Tusell (ex-Managing Director at Falck).
Cabassa said the company’s focus remains clear: “There are three key goals — growth, technology, and team.”
“The investment in Qida reinforces our commitment to companies that create real impact on healthcare systems and people’s lives,” added Guillem Masferrer, Partner at Asabys Partners. “Qida is building a model of high-quality, preventative, and sustainable home care.”
A milestone for Spain’s social impact ecosystem
With this raise, the company has now secured €57 million across four funding rounds, establishing itself as a leading European player at the intersection of HealthTech, eldercare, and social innovation.
Its mission remains unchanged — to make home care more dignified, efficient, and human-centered, starting in Spain and expanding internationally in the years ahead.
About Qida
Founded in 2018 in Sabadell, Qida is a HealthTech and social impact scaleup transforming home-based eldercare. The company combines technology, caregivers, and data-driven services to help seniors live independently at home longer while improving the sustainability of health and social care systems. With operations across Spain, Qida is building Europe’s leading model for integrated, high-quality home care.
