About Affidea
Affidea is a company based in Lisbon (Portugal) founded in 1995 was acquired by GBL in April 2022.. Affidea has raised $30.9 million across 6 funding rounds from investors including Merrill Lynch, GE Capital and Kleinwort Benson. Affidea has completed 17 acquisitions, including Algete Clinic, Brust-Zentrum AG and Budapest Medical Services.
- Headquarter Lisbon, Portugal
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30.9 M (USD)
in 6 rounds
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Latest Funding Round
$216.75 M (USD), Debt – Conventional
Feb 27, 2024
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Investors
Merrill Lynch
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Algete Clinic
& 16 more
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Acquired by
GBL
(Apr 19, 2022)
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Funding Insights of Affidea
Affidea has successfully raised a total of $30.9M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $216.75 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $216.8M
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First Round
First Round
(01 Jun 2000)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Debt – Conventional - Affidea | Valuation |
investors |
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| Jul, 2021 | Amount | Debt – Conventional - Affidea | Valuation |
investors |
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| Oct, 2008 | Amount | Debt – Conventional - Affidea | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Affidea
Affidea has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Merrill Lynch, GE Capital and Kleinwort Benson. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Montagu Private Equity is engaged in mid-market business investments.
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Founded Year | Domain | Location | |
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Infrastructure fund focused on energy sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Affidea
Affidea has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Algete Clinic, Brust-Zentrum AG and Budapest Medical Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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General medical services are offered at this standalone clinic.
|
2019 | ||||
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Oncology and radiotherapy services for cancer treatments are provided.
|
2018 | ||||
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Standalone general clinic
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Affidea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Affidea Comparisons
Competitors of Affidea
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Affidea
Frequently Asked Questions about Affidea
When was Affidea founded?
Affidea was founded in 1995 and raised its 1st funding round 5 years after it was founded.
Where is Affidea located?
Affidea is headquartered in Lisbon, Portugal.
Is Affidea a funded company?
Affidea is a funded company, having raised a total of $30.9M across 6 funding rounds to date.
What does Affidea do?
Affidea (rebranded from Euromedic International) is a pan-European medical services provider specialising in diagnostic investigations, clinical laboratories and cancer treatment services. The company operates using the Public-Private Partnership model managing 157 wholly-owned medical centres. The company was formed after the acquisition of Elbit by GE Capital and Kleinwort Benson. It was rebranded to Affidea in 2015. The company claims to employ over 3,000 professionals, of which more than 570 are medical doctors. In 2008,Merrill Lynch Global Private Equity (MLGPE), Ares Life Sciences, Montagu Private Equity and Management jointly acquired Euromedic from Warburg Pincus and GE Capital Equity Investments.
How many acquisitions has Affidea made?
Affidea has made 17 acquisitions, including Algete Clinic, Brust-Zentrum AG, and Budapest Medical Services.
Who are Affidea's investors?
Affidea has 8 investors. Key investors include Merrill Lynch, GE Capital, Kleinwort Benson, Global Environment Fund, and Ardian.