Even Healthcare is a Bengaluru managed-care company founded in 2020 by Mayank Banerjee, Matilde Giglio and Alessandro Ialongo. Members pay for a membership covering primary care, diagnostics and hospital services, and Even's care teams manage patients across consultations, tests, hospitalisation and recovery, working with insurance partners on cashless hospitalisation. Because it is paid through memberships rather than per procedure, its economics improve when members stay healthy, recover quickly and avoid readmission, the logic of integrated managed care. It began as a membership platform wo
1StartupFox story
2020Founded
Managed CareSector
Oct 2026Latest coverage
Funding
Even Healthcare has raised $120M across 5 disclosed rounds, most recently a Series B in October 2026.
$120MRaised
Series BLatest round · October 2026
5Events
Series BOctober 2026reported
$50M
InvestorsKhosla Ventures (lead), Alpha Wave
Valuation
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October 2026Series B$50MKhosla Ventures (lead), Alpha Wave
January 2026Series A extension$20MLachy Groom (co-lead), Alpha Wave (co-lead), Sharrp Ventures
October 2024Series A$30MKhosla Ventures (lead), Founders Fund, 8VC, Lachy Groom
November 2022Funding round (2022)$15MAlpha Wave, Aspada
Founded in Bengaluru by Mayank Banerjee, Matilde Giglio and Alessandro Ialongo as a healthcare membership covering primary care, diagnostics and hospitalisation that most Indian insurance did not. ↗
2021 · funding
Seed — $5M, led by Khosla Ventures (lead).
November 2022 · funding
Funding round (2022) — $15M, led by Alpha Wave.
October 2024 · funding
Series A — $30M, led by Khosla Ventures (lead).
2025 · milestone
Opens its first hospital, a 70-bed multi-speciality facility in Bengaluru, moving from a membership platform with partner hospitals to an integrated managed-care provider. ↗
January 2026 · funding
Series A extension — $20M, led by Lachy Groom (co-lead).
Jan 2026 · milestone
Publishes tracked-cohort results including zero unplanned 30-day readmissions across more than 350 surgeries and zero post-operative infections, and says its first hospital reached operating break-even within six months. ↗
Even Healthcare is a Bengaluru managed-care company founded in 2020 by Mayank Banerjee, Matilde Giglio and Alessandro Ialongo. Members pay for a membership covering primary care, diagnostics and hospital services, and Even's care teams manage patients across consultations, tests, hospitalisation and recovery, working with insurance partners on cashless hospitalisation. Because it is paid through memberships rather than per procedure, its economics improve when members stay healthy, recover quickly and avoid readmission, the logic of integrated managed care. It began as a membership platform wo
Who founded Even Healthcare?
Even Healthcare's founders and leadership on record at StartupFox are Mayank Banerjee, Matilde Giglio and Alessandro Ialongo.
How much funding has Even Healthcare raised?
Even Healthcare has raised $120M across 5 disclosed rounds. The most recent was a $50M Series B in October 2026.
Who are Even Healthcare's investors?
Disclosed investors in Even Healthcare include Khosla Ventures (lead), Alpha Wave, Lachy Groom (co-lead), Alpha Wave (co-lead), Sharrp Ventures, Founders Fund, 8VC, Lachy Groom, Aspada, angel investors.
Is Even Healthcare profitable?
Per its FY25 standalone filing, Even Healthcare reported ₹25 Cr in revenue, with a ₹90 Cr loss.
What is the latest news on Even Healthcare?
The most recent StartupFox coverage is “Even Healthcare Raises $50M to Build Hospitals That Earn More When Patients Need Them Less” (19 October 2026). All stories are listed on this page.
Sources & updates
This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting. 0 of 5 funding rounds link to a named source.
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