Sabadell-based Qida has raised €37 million in the largest investment ever recorded in Spain’s elder care sector. The round was led by French growth investor Quadrille Capital, marking Qida’s first international partnership. Local support poured in from Asabys Partners, Cofides’ Social Impact Fund, the Institut Català de Finances (ICF), Endeavor Catalyst, and returning backers Kibo Ventures, Creas, and Ship2B.
With fresh capital, Qida will expand into new Spanish cities, pursue further acquisitions, and strengthen its technology backbone. In the past three years alone, it has acquired nine smaller providers, and by 2027, it aims to serve 100,000 people and achieve €100 million in annual revenue, more than double its current pace.
Scaling human care through technology
Founded in 2018 by Lluis Guitart Moya, Oriol Fuertes Cabassa, and Anna Montanés, Qida began as a digital marketplace helping families find trusted caregivers. Over time, it evolved into a full-fledged healthtech company integrating technology, healthcare, and social services.
Qida’s initiatives now span from developing patient monitoring software with the Catalan government to launching Spain’s first insurance product for chronic neurological conditions like Parkinson’s. The firm also operates a growing marketplace for senior services, essentially an “Amazon for aging care.” Its approach blends personal support with digital tools designed to make home care proactive, personalised, and sustainable.
Builds the future of dignified home care
Behind Qida’s expansion is a commitment to making care more human. The team is set to grow from 300 employees and 2,000 caregivers to over 700 staff in the coming years. To drive this transformation, the company has onboarded industry veterans like Daniel Alonso (formerly of Glovo) and Jordi Tusell (previously of Falck).
Their mission is to develop technology that fosters preventative and integrated care, bridging health and social systems for a rapidly ageing population. With the investment, Qida is redefining what compassionate, tech-enabled home care can look like, starting in Spain, and far beyond.
“It is a very powerful syndicate, because it is a triumvirate between a growth fund, a health fund, and an impact fund,” claims its co-founder and CEO, Oriol Fuertes Cabassa, who specifies that the three will have a representative on the board of directors. “I am extremely pleased to have the support of leading public and private funds in the sector, as well as all the partners who have been with us since day one, united in the same mission of maximising the quality of life of the senior segment. This investment not only allows us to grow and consolidate our leadership, but also to continue maximising our social impact.”
Alejandra Duran Gil, Partner and CIO at Quadrille Capital, emphasised: “We have complete confidence in Qida’s business model and its growth potential, backed by solid financial discipline and efficient capital management. The company combines technological innovation with a people-centred approach, positioning it as the undisputed leader in the sector.”
Guillem Masferrer, Partner at Asabys Partners, added: “The investment in Qida reinforces our commitment to companies that have a real impact on the healthcare system and people’s lives, promoting a model of high-quality care, prevention, and home care with potential for sustainable growth.”
Raúl Sánchez, Director of the Social Impact Fund (FIS) managed by COFIDES, added: “Qida is one of Spain’s leading companies in terms of social impact and proof that it is possible to be a profitable company while also generating a positive social impact.”
