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§ Private Profile · Rodano, Lombardy, IT 20090
Provider of integrated healthcare technology management and clinical engineering services for hospitals and clinics.
Althea has raised $4.0M across 1 funding round.
Key people at Althea.
Althea was founded in 2014 by Eliza Gairard (CIO and Co-Founder) and Annabel Noth (Co-founder and COO) and Don Stoltz (CEO and Co-Founder).
Althea has raised $4.0M in total across 1 funding round.
Based in Rome, Italy, Althea Group is an independent provider of integrated healthcare technology management and clinical engineering services for hospitals and clinics. The company generates its revenue through business-to-business service contracts that cover outsourced medical equipment maintenance, vendor-neutral procurement, and lifecycle management across various medical departments. Operating across more than fifteen countries, the organization currently manages over 1.4 million medical devices within approximately 2,700 public and private healthcare facilities. With a workforce of approximately 3,000 employees, the enterprise has attracted significant institutional investment from recognizable financial entities including Permira, F2i SGR, and Asterion Industrial Partners. In early 2023, a consortium led by F2i SGR and Asterion Industrial Partners officially completed their strategic acquisition of the company from its previous majority shareholders. Althea Group was originally established in 2014 by the global private equity firm Permira.
Key people at Althea.
Althea is a name shared by multiple organizations; below I focus on the two most relevant technology/healthcare firms identifiable in public records (a healthcare-technology services group and a San Diego–based biologics contract development & manufacturing organization). If you meant a different “Althea,” tell me which one and I’ll adapt the profile.
High-Level Overview
Origin Story
Core Differentiators
Althea Group (healthcare technology services)
Althea Technologies (CDMO)
Role in the Broader Tech / Healthcare Landscape
Quick Take & Future Outlook
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Althea has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in May 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 30, 2021 | Headset | $8.6M Other Equity | Althea | Poseidon Asset Management, WGD Capital |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2016 | $4M Series A | — | Harrison Metal, Race Capital, Joshua Schachter, 500 Startups, Cherubic Ventures, Mirae Asset Venture Investment, Posco Holdings, Tekton Ventures | Announced |
Althea was founded in 2014 by Eliza Gairard (CIO and Co-Founder) and Annabel Noth (Co-founder and COO) and Don Stoltz (CEO and Co-Founder).
Althea has raised $4.0M in total across 1 funding round.
Althea's investors include Harrison Metal, Race Capital, Joshua Schachter, 500 Startups, Cherubic Ventures, Mirae Asset Venture Investment, POSCO Holdings, Tekton Ventures.