Italy-based TeiaCare has secured €7 million in fresh funding to scale its operations and expand into new international markets.
The round was led by P101 SGR, with participation from existing investors as well as new healthcare-focused backers, including Spanish family offices Namarel and Inderhabs.
AI-Powered Monitoring For Care Facilities
Founded in 2018 by Guido Magrin and Luca Iozzia, TeiaCare develops technology designed for residential care environments such as nursing homes, rehabilitation centres, and dementia care facilities.
Its core platform, Ancelia, uses optical sensors combined with artificial intelligence to monitor care settings and generate actionable insights. This helps staff improve decision-making, reduce risks, and optimise day-to-day operations.
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Addressing Growing Pressure In Healthcare
The demand for long-term and home care services is rising rapidly, driven by aging populations and ongoing workforce shortages. In this context, TeiaCare positions its technology as a critical tool rather than an optional add-on.
The company currently serves more than 150 clients across over 200 facilities, supporting around 75,000 residents.
Expanding Capabilities And Market Reach
With the new funding, TeiaCare plans to:
- Scale its business model
- Expand into new geographic markets
- Enhance its Data, Spatial, and Care Intelligence capabilities
The company is also looking to extend its solutions beyond residential care into broader healthcare and home care environments.
International expansion will begin with a focus on France and Spain.
Guido Magrin highlighted the broader opportunity in the sector, noting that technology can play a key role in improving care quality while supporting healthcare professionals and addressing systemic challenges linked to aging populations.
About TeiaCare
TeiaCare is an Italian healthtech company developing AI-powered solutions for long-term care environments. Its platform, Ancelia, combines care monitoring with operational intelligence to improve efficiency, optimise resources, and enhance the quality of life for residents in healthcare facilities.
