Qida raises 37 million euros to quadruple sales in three years

To reach more than 100,000 people served and quadruple sales in three years. With this dual objective, Qida has raised 37 million euros in an investment round with which it aims to boost growth, technological innovation, and the attraction of differential talent in the company. The operation has closed as the largest social impact investment round in Spain.

The round was led by Quadrille Capital and co-led by Asabys Partners and Cofides —manager of the Social Impact Fund (FIS)—, and the operation also allowed the entry of ICF and Endeavor Catalyst. In parallel, current funds continue to support the company, including Kibo Ventures, Creas, Ship2B Ventures, and individual investors expert in the healthcare, social, and insurance sectors. With this operation, the company aspires to consolidate itself as a benchmark in socio-health innovation, through a model that combines technology, prevention, and accompaniment.

The company of services and products for the elderly and their home care now aims to grow both organically and inorganically and continue to promote public-private collaboration to carry out its activity. In the technological field, it will invest in the development of customer-oriented products, enhancing artificial intelligence and tools that allow progress towards a preventive, proactive, and integrated care model between the health and social spheres. The operation also includes the incorporation of Daniel Alonso, former product director of Glovo.

"This investment not only allows us to grow and consolidate our leadership but also to continue maximizing our social impact," said Oriol Fuertes, CEO of Qida. For her part, Alejandra Duran Gil, partner at Quadrille Capital, highlighted the potential of Qida and its business model: "The company combines technological innovation with a people-centered approach, which positions it as an undisputed leader in the sector."

In this sense, according to Asasbys partner Guillem Masferrer, the company promotes "a model of high-quality home care, prevention, and attention with sustainable growth potential." Along the same lines, the director of the FIS, Raúl Sánchez, goes further, stating that the company "will contribute to transforming and improving the health and social sector."