UrbanFisio closes a €1M funding round

BHH member UrbanFisio, the home physiotherapy company leader in Spain, has raised 1 million euros in its latest funding round.

Among other new strategic individual investors, the known French insurance group, IMA (Inter Mutuelles Assistance) has been brought in as a new partner through its investment fund IMA Participations. The investment will mainly be aimed at organic growth, innovation in work standards, and the development of its expansion plans in digital health.

Not only will IMA’s Group entry allow UrbanFisio to improve its capillarity all throughout the national territory, but it will also mark an important milestone, as it will position UrbanFisio as a leading player in home health. It is also indispensable to note the participation of ENISA, crucial to the completion of the funding round.

Founded in 2016 by Miguel de Santiago and Irma Gutiérrez, UrbanFisio was born with the purpose of creating a profound and lasting change in society. With its vision to become a new home health worldwide paradigm, UrbanFisio makes accessible a quality physiotherapy at home. Therefore, this round will primarily be allocated to consolidate the company as a leader in home physiotherapy care.

In addition, some funds will also be set aside to develop expansion plans, improving technology, and strengthening the people and commercial area. For example, the figure of a Patient Advisor has been created, ensuring an excellent patient experience and care.

"Receiving health care at home is a national priority," highlights De Santiago, CEO, and co-founder. "The shortage of beds in hospitals and residences, together with the desire of more people to stay at home with the best life quality as much time as possible, makes the home the new center of care." UrbanFisio covers this social need by combining technology and personalized care, responding to two of the most important challenges our society is facing nowadays: the accelerated ageing of the population and the sustainability of the actual health system.

On the other hand, Gutiérrez, Health director and co-founder, states that "we are transforming home health care using technology, hiring professionals with stable contracts, and implementing a professional development plan. This way not only is the physiotherapist profession is being put into value, but the sector precariousness is being fought. Furthermore, it also allows us to have complete control of care’s quality and direct responsibility of the entire process."

To conclude, De Santiago emphasizes that "health is a good of special protection, and being regulated as a health center allows us to work together with the public health system in tenders for active ageing and home care services that begins to incorporate health care."