TeiaCare is an Italian startup founded in 2018, focused on revolutionizing the long-term care sector through the implementation of Artificial Intelligence and Machine Learning. With the slogan "Sustainability, efficiency and competitiveness to combine management duties and care needs for each care home," TeiaCare aims to enhance the resources of healthcare workers and managers, ultimately offering a new care model for residents. The company's flagship solution, ANCELIA, leverages advanced AI algorithms to automatically gather resident information, enabling analysis tailored for management control. The €2.50M Seed Round investment received on 01 July 2022 from prominent investors including Fresco Capital, NovaCapital, Treuenburg Group, and Padda Health underscores the confidence in TeiaCare's mission. The investment will likely strengthen the company's position in the AI, Health Care, Insurtech, and Machine Learning sectors, empowering them to further develop and scale their innovative solutions. TeiaCare's vision to "amplify the resources of healthcare workers and managers, improving their daily work and ensuring each resident a new care model" positions them as a promising impact-driven player in the long-term care space. Their commitment to personalized assistance, objective data, and transparency, marks them as an influential force in shaping the future of care homes.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | €2.50M | 4 | Padda Health | 01 Jul 2022 |
Seed Round | €1.10M | 4 | Torret Road Capital, EIT Health | 19 Nov 2019 |
Grant | €12.00K | 1 | EIT Health | 16 Nov 2018 |
Grant | €50.00K | 1 | Horizon 2020 | 01 Sep 2018 |
Grant | €35.00K | 1 | EIT Health | 10 Jul 2018 |
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