Biotech
FisioReact Plans for 1.1 Million Sales in 2023
At the beginning of 2022, the company closed its first round of private financing, with which it obtained €400,000, an operation that was led by several Catalan business angels, whose names were not disclosed. Although it is still early according to the founder of FisioReact, the company hopes to bring its services to all of Spain in 2024 and to begin its international adventure by 2025.
FisioReact continues to expand in Spain. The Catalan company specializing in physiotherapy services at home plans to enter the markets of Seville, Malaga, and Bilbao in 2023, according to Albert Valls, founder, and CEO of FisioReact.
For now, the Barcelona-based company is present in the Catalan capital, Madrid, Valencia, and will shortly arrive in Seville. In 2022, the company billed €505,000, compared to €300,000 in 2021, and the goal for 2023 is to earn €1.1 million, which would double its turnover.
The home physiotherapy company has increased the number of sessions in the last year, both for individuals and companies. Specifically, in 2022 FisioReact carried out 15,587 physiotherapy and rehabilitation sessions, 178% more than in 2021.
Throughout 2002, the company has also increased the number of new patients, 78.6% more, with a total of 2,638 users and, consequently, the number of professionals, which have gone from fifteen employees in 2021 to 85 employees in the last year. The goal for 2023 is to reach 120 professionals, according to Valls.
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FisioReact aims to make the international leap from 2025
Although it is still early according to the founder of FisioReact, the company hopes to bring its services to all of Spain in 2024 and to begin its international adventure by 2025, choosing Italy as its first destination abroad.
Founded in 2018 by Marc Valls and Albert Valls from Barcelona, FisioReact’s main activity is to offer physiotherapy services at home for both companies and individuals. The company has expert physiotherapists in the specialties of neurological, pediatric, pregnant, back pain/decontracting and rehabilitation, and sports physiotherapy.
FisioReact agreement with Qida for the care of the elderly
Although at FisioReact they have been working for companies from multiple sectors for years, the collaboration agreements that they have been closing with some of the health sectors stand out. Among foundations, hospitals and residences is the alliance with Qida for the care of the elderly, which has allowed them to reach dependent patients who require a comprehensive and high-quality care service.
The company has also closed agreements with hospital centers which, in the case of Barcelona, are the Corachan Clinic and the El Pilar Hospital, for which it provides home physiotherapy services for patients. Likewise, the operator has a collaborative relationship with the Dexeus University Hospital, through the Catalan Institute of Sports Traumatology and Medicine (Icatme).
The company closed its first round of private financing in 2022, raising €400,000
At the beginning of 2022, the company closed its first round of private financing, with which it obtained €400,000, an operation that was led by several Catalan business angels, whose names were not disclosed.
The company is controlled by Albert Valls and the capital also includes Juan Víctor Izquierdo, former head of marketing at Indy and former CEO of Jungle Prize, and Román Riera, a professional with experience in the world of consulting at PwC and EY.
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(Featured image by MatiasMaiztegui via Pixabay)
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First published in PlantaDoce, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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