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A Seed Round Worth Over a Million for Amalia Care

Amalia Care, an innovative startup facilitating caregiver matching through AI, announced a capital increase of over €1 million. Investors include Personae, CDP Venture Capital, a|impact fund, SocialFare Seed fund, and business angel James Tiernan. Funds will develop algorithms, expand the team, increase marketing, and open two new offices, in Milan and Turin, as co-founder Sonia Paonessa revealed.



Amalia Care

The innovative startup with a social vocation Amalia Care which, thanks to AI and algorithms, makes it easier for families to find a caregiver, has announced a capital increase of over 1 million euros.

Among the investors were Personae, the acceleration program dedicated to welfare of the CDP Venture Capital National Accelerator Network, the a|impact fund, the SocialFare Seed fund and the business angel James Tiernan.

The new resources raised by Amalia Care will be allocated to the development of the algorithm and the platform, the expansion of the team, the increase in marketing and the territorial expansion with two new offices, potentially in Milan and Turin. In an interview given to StartupItalia, the co-founder, Sonia Paonessa, talked about the next steps of the startup which deals with matching the request and offer of the most suitable caregiver thanks also to AI.

If you want to find more about Amalia Care and its latest seed round in which participated, among others, CDP Venture Capital, download the Born2Invest mobile app. Our companion app keeps its readers up to date with the most important financial news of the day. Don’t waste your time scrolling the internet, our team of seasoned writers will do that for you.

Plans for the future of Amalia Care

In an interview with StartupItalia, the co-founder, Sonia Paonessa , who together with Eliana Pérez gave life to this reality in 2020, said: “We are applying AI in the selection process, to analyze the applications that arrive in a customized to the specific needs of families and this step greatly facilitates our work. Much of the funding will be dedicated to further development, as well as the testing phase, and we are ready to release the second version of the algorithm that both families and caregivers will be able to use.”

Amalia Care
The new resources raised by Amalia Care will be allocated to the development of the algorithm and the platform,. Source

The capital injection will also be dedicated to expanding the team , which currently numbers 8 people, particularly in the development and operational part. “Part of the resources will also be allocated to the opening of new offices, with the idea of ​​being closer to the territory, and in 2024 we plan to open, potentially, in Turin and Milan, while our main office remains in Brescia.”


(Featured image by  kscneider299 1 via Pixabay)

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First published in StartupItalia. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Jeremy Whannell loves writing about the great outdoors, business ventures and tech giants, cryptocurrencies, marijuana stocks, and other investment topics. His proficiency in internet culture rivals his obsession with artificial intelligence and gaming developments. A biker and nature enthusiast, he prefers working and writing out in the wild over an afternoon in a coffee shop.

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