AIUDO
Home care for the elderly.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | N/A | - | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 31 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | - | 4 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
AIUDO operates as a technology-driven platform in the home care sector, specializing in connecting families with professional caregivers for the elderly and dependent individuals. The company was formally established in July 2016 by co-founders Daniel Ibiza (CEO) and Ignacio Guarinos (CTO). The inspiration for the company stemmed from a personal experience of Daniel Ibiza, a trained social worker, who found the existing services inadequate when his mother was ill with cancer. This firsthand challenge of finding a trustworthy caregiver fueled the creation of a service he wished had been available to his family.
The business model centers on acting as a mediator, which differentiates it from traditional agencies. Clients pay an initial fee for the selection process, followed by a recurring monthly fee for ongoing management and support services. This structure reportedly offers significant savings for families. AIUDO has developed proprietary software that automates commercial and bureaucratic processes and uses specific criteria to match caregivers with families, a key element of its operational efficiency. This technological approach allows the company to serve clients across Spain, including in small and rural towns where other services may not reach.
The company's offerings are diverse, accommodating a range of needs from hourly and weekend assistance to live-in caregivers. It provides specialized care for individuals with conditions such as Alzheimer's and Parkinson's. Over the years, AIUDO has expanded its services to include teleassistance, at-home physiotherapy, and nutrition services, delivering personalized weekly menus. The company's expansion has been notable, achieving break-even in 2018 and raising €150,000 in a 2019 funding round to fuel marketing and software development. After participating in the Lanzadera accelerator program, AIUDO significantly grew its revenue and team size and expanded its operations to the United Kingdom in 2020.
Keywords: elderly care, home care services, caregiver platform, dependent care, in-home assistance, senior care, social work, caregiver matching, home assistance, Alzheimer's care, Parkinson's care, live-in caregivers, hourly care, teleassistance, home physiotherapy, domiciliary care, social impact, assisted living technology, caregiver support, eldercare services