# Even

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/even

- Industry: Healthcare IT
- Headquarters: Bangalore, India
- Website: www.even.in
- Total disclosed funding: $76M
- Latest round: Series B (Jul 21, 2026)
- Investors on record: 16

## About

Based in India, Euston Insurance Advisors Private Limited, trading under the name Even is a health tech company that partners directly with the hospitals to offer unlimited diagnostics, consultations, and 50 lakh worth of hospitalizations all with one monthly subscription cost. Based in Karnataka, India, and founded in 2020, Even Healthcare Private Limited operates as a health tech company that provides members unlimited access to consultations, diagnostics, and tertiary care. The company was co-founded by Mayank Banerjee, Matilde Giglio, and Alessandro Davide Ialongo. In July 2026, Even raised USD 50 million in series B funding by Khosla Ventures and Alpha Wave Global. Even Healthcare Private Limited offers a monthly subscription for member healthcare needs, including unlimited OPD and diagnostics that can get a lab test, 50 lakh cover all hospitalization costs (including emergency care and Covid-19), everything cashless with Even card, and No Unfair Waiting Period. Even generates revenue through annual healthcare subscriptions, bundled insurance add-ons, and expanding in-person clinics, offering virtual doctor consultations and affordable coverage, while leveraging referrals and user growth to sustain recurring revenue streams. In January 2026, Even raised USD 20 million in venture funding from Alpha Wave Global and Sharrp Ventures. The company will use the funding to expand Even Healthcare’s hospital footprint in Bengaluru and scale its existing model.

## Funding rounds

- Series B, Jul 21, 2026, $50M — Khosla Ventures, Alpha Wave Global
- Series A, Jul 17, 2024, $21M — Khosla Ventures, DLB Capital, Mercury, Alpha Wave Global, Rainmatter, 8VC, Simon Fiduciaria Spa, 3.0 Fund, Pathfinder, ALFIN SRL, LexItalia
- Seed, Apr 5, 2021, $4.7M — Founders Fund, Khosla Ventures, QED Innovation Labs, Tona Investments LP, LGFM, Rainmatter Capital Pvt. Ltd.

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A, Series B
- QED Innovation Labs — Seed
- Tona Investments LP — Seed
- LGFM (https://capitalatlas.ai/funds/lgfm) — Seed
- Rainmatter Capital Pvt. Ltd. — Seed
- DLB Capital (https://capitalatlas.ai/funds/dlb-capital) — Series A
- Mercury (https://capitalatlas.ai/funds/mercury) — Series A
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series A, Series B
- Rainmatter (https://capitalatlas.ai/funds/rainmatter) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- Simon Fiduciaria Spa — Series A
- 3.0 Fund (https://capitalatlas.ai/funds/3-0-fund) — Series A
- Pathfinder — Series A
- ALFIN SRL — Series A
- LexItalia — Series A