Even Healthcare

Bengaluru, India Founded: 2020 • Age: 6 yrs
Healthcare services are provided with unlimited consultations and diagnostics.

About Even Healthcare

Even Healthcare is a company based in Bengaluru (India) founded in 2020 by Alessandro Davide Ialongo, Mayank Banerjee, and Matilde Giglio. It operates as a Subscription Services, and HealthTech. Even Healthcare has raised $73.04 million across 6 funding rounds from investors including Angel List, Khosla Ventures and LetsVenture. The company has 205 employees as of November 21, 2024. Even Healthcare offers products and services including Even Membership, Group Insurance, and Managed Care. Even Healthcare operates in a competitive market with competitors including Alyve Health, ManipalCigna Health Insurance, Basis, LetsMD and AyushPay, among others.

  • Headquarter Bengaluru, India
  • Employees 205 as on 21 Nov, 2024
  • Founders Alessandro Davide Ialongo, Mayank Banerjee, Matilde Giglio
  • Stage Minicorn
  • Sectors
    Financial Services
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Even Healthcare Private Limited
  • Date of Incorporation 01 Sep, 2020
  • Jurisdiction Nagpur, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $945.57 K (USD)
    562.59
    as on Mar 31, 2024
  • Net Profit
    $-8.38 M (USD)
    -284.55
    as on Mar 31, 2024
  • EBITDA
    $-8.59 M (USD)
    -300.94
    as on Mar 31, 2024
  • Total Equity Funding
    $73.04 M (USD)

    in 6 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Jan 06, 2026

  • Investors
    Angel List

    & 44 more

  • Employee Count
    205

    as on Nov 21, 2024

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Products & Services of Even Healthcare

Even Healthcare offers a comprehensive portfolio of products and services, including Even Membership, Group Insurance, and Managed Care. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Unlimited consultations and diagnostics are provided to members.

Cashless hospitalization coverage is offered through partners.

Guided health programs are designed for members.

People of Even Healthcare
Headcount 50-200
Employee Profiles 56
Board Members and Advisors 6
Employee Profiles
People
Saksham Khandelwal
Software Engineer
People
Ishan Nayar
Manager
People
Vidya Arun
Chief Dietitian
People
Anamika Mishra
Business Development Manager

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Board Members and Advisors
people
Umesh M. Sharma
Board Member
people
Balu Gadhe
Board Member
people
Abha Agrawal
Board Member
people
Martin Gilbert
Board Member

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Funding Insights of Even Healthcare

Even Healthcare has successfully raised a total of $73.04M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in January 2026. 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 Rounds 6
  • Last Round Series A — $20.0M
  • First Round

    (05 Apr 2021)

  • Investors Count 45
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2026 Amount Series A - Even Healthcare Valuation Lachy Groom , Alpha Wave Global
Mar, 2025 Amount Series A - Even Healthcare Valuation Alpha Wave Global
Jun, 2024 Amount Series A - Even Healthcare Valuation Khosla Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Even Healthcare

Even Healthcare has secured backing from 45 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Khosla Ventures and LetsVenture. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Founded Year Domain Location
Venture capital investments in technology and defense sectors.
Founded Year Domain Location
Early-stage investments are directed toward US, India, and Canada firms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Even Healthcare

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Even Healthcare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Even Healthcare Comparisons

Employees
+
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Competitors of Even Healthcare

Even Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alyve Health, ManipalCigna Health Insurance, Basis, LetsMD and AyushPay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of AI based health monitoring and wellness benefits platform for employees and individuals
domain founded_year HQ Location
An online platform for customized health insurance policies is provided.
domain founded_year HQ Location
Online platform offering financial services for women
domain founded_year HQ Location
Platform offering medical financing solutions
domain founded_year HQ Location
Healthcare plans with medical loans and benefits are provided.
domain founded_year HQ Location
Usage-based health insurance is offered to individuals and businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Even Healthcare

Frequently Asked Questions about Even Healthcare

When was Even Healthcare founded?

Even Healthcare was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Even Healthcare located?

Even Healthcare is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Even Healthcare?

Mayank Banerjee is the current CEO of Even Healthcare. They have also founded this company.

Is Even Healthcare a funded company?

Even Healthcare is a funded company, having raised a total of $73.04M across 6 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Apr 05, 2021.

How many employees does Even Healthcare have?

As of Nov 21, 2024, the latest employee count at Even Healthcare is 205.

What is the annual revenue of Even Healthcare?

Annual revenue of Even Healthcare is $945.57K as on Mar 31, 2024.

What does Even Healthcare do?

Healthcare and insurance solutions are offered by Even Healthcare. Services include unlimited doctor consultations, free diagnostic tests, and optional cashless health insurance. Managed care programs are designed to prevent hospitalization through evidence-based care for chronic conditions like diabetes and PCOS. Coverage extends to emergency care, episodic care, and lifestyle support across India with a network of over 7500 hospitals. Personalized care is facilitated by in-house doctors and specialists to address individual health needs and goals.

Who are the top competitors of Even Healthcare?

Even Healthcare's top competitors include Alyve Health, ManipalCigna Health Insurance and LetsMD.

What products or services does Even Healthcare offer?

Even Healthcare offers Even Membership, Group Insurance, and Managed Care.

Who are Even Healthcare's investors?

Even Healthcare has 45 investors. Key investors include Angel List, Khosla Ventures, LetsVenture, Lightrock, and Lightrock India.

What is Even Healthcare's valuation?

The valuation of Even Healthcare is $46.38M as of Feb 2024.

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