When was Even founded?

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

Where is Even located?

Even is headquartered in Bengaluru, India. It is registered at Municipal number 1335, 12th cross (Double road), Binnamangala, 2nd stage Indiranagar, BBMP PID No. 72-4-1335, Ward No. 89, Jogupalya, Bangalore, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038.

Who is the current CEO of Even?

Mayank Banerjee of Even. They have also founded 2 companies.

Which legal entities is Even associated with?

Even is associated with Even Healthcare Private Limited and 1 other.

How many employees does Even have?

As of Aug 31, 2025, the latest employee count at Even is 551.

Is Even a funded company?

Even is a funded company, having raised a total of $72.5M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 05, 2021.

How much is Even worth?

The latest valuation of Even is $***** as of Jan 08, 2026.

When was the latest funding round of Even?

Even's latest funding was a $***** Series A round on Mar 31, 2025, with participation from 9 investors.

What is the annual revenue of Even?

Annual revenue of Even is ₹27.2Cr as on Mar 31, 2025.

Where does Even rank among its competitors?

Even ranks 2nd amongst 27 active competitors, of which 7 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Navi, which secured $20M in Jul, 2025.

Who are the top competitors of Even?

Even's top competitors include Navi, Alyve Health and Kenko Health. Among them, Navi secured the most recent funding round in July, 2025.

Even - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of health insurance plans with outpatient and hospitalization coverage. It facilitates health insurance policy comparison and selection. It offers coverage for hospitalization, outpatient expenses, and family floater plans. It also provides support throughout the enrolment and claims processes.

Website: even.in
Social
Email ID: *****@even.in
Phone Number: +91 **********
Registered Address: Municipal number 1335, 12th cross (Double road), Binnamangala, 2nd stage Indiranagar, BBMP PID No. 72-4-1335, Ward No. 89, Jogupalya, Bangalore, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Series A

Total Funding

$72.5M in 5 rounds

Latest Funding Round

Series A, Mar 31, 2025, $*****

Post Money Valuation

$***** as on Jan 08, 2026

Investors

Khosla Ventures & 55 more

Ranked

2^nd among 27 active competitors

Annual Revenue

₹27.2Cr as on Mar 31, 2025

Employee Count

551 as on Aug 31, 2025

Similar Companies

Oscar & 249 more

View Even's full profile

Even is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EUSTON INSURANCE ADVISORS PRIVATE LIMITED CIN: U67100KA2019PTC122517 , India, Active	Mar 19, 2019	$3.7K (As on Mar 31, 2025)	-
Even Healthcare Private Limited CIN: U85300KA2020PTC207831 , India, Active	Sep 01, 2020	$3.22M (As on Mar 31, 2025)	679 (As on Mar 01, 2026)

Even has raised a total funding of $72.5M over 5 rounds. Its first funding round was on Apr 05, 2021. Its latest funding round was a Series A round on Mar 31, 2025 for $*****. 9 investors participated in its latest round. Even has 44 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Even:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2025	9527243	Series A	2000090	7086221	2038009	7588611
Jun 19, 2024	8026124	Series A	6179003	1498221	7414930	Founders Fund & 19 more
Feb 28, 2024	7029242	Seed	3059468	2972252	2101499	Trifecta Capital & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Even's funding rounds and investors

The founders of Even are Matilde Giglio, Mayank Banerjee and Alessandro Davide Ialongo. Mayank Banerjee is the CEO of Even.

Here are the details of Even's key team members:

Matilde Giglio: Co-Founder of Even and founder of 1 other company. They are also an angel investor in 9 startups.
Mayank Banerjee: Co-Founder & CEO of Even and founder of 2 other companies, Even Healthcare and Compass News. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Alessandro Davide Ialongo: Co-Founder of Even and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 3 email addresses and 1 phone number

View details of Even's Founder profiles and Board Members

Even's employee count trend

Even has 551 employees as of Aug 25. The total employee count is 99.0% more than what it was in Aug 24. Here is Even's employee count trend over the years:

Uncover Even's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Even include Navi, Alyve Health and Kenko Health. Here is the list of Top 10 competitors of Even, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Navi 2012, Bengaluru (India), Series B	Provider of financial products including UPI, loans, insurance, and mutual funds	$445M	Gaja Capital, NDX Financial Services & 39 others	73/100
2nd	Even 2020, Bengaluru (India), Series A	Provider of health insurance plans with outpatient and hospitalization coverage	$72.5M	Lightrock, Astir Ventures & 54 others	71/100
3rd	Alyve Health 2020, Mumbai (India), Series A	Provider of AI based health monitoring and wellness benefits platform for employees and individuals	$6.41M	Axilor Ventures, Trifecta Capital & 46 others	65/100
4th	Kenko Health 2019, Mumbai (India), Series A	Health insurance platform for individuals	$13.7M	Peak XV Partners, Logx Venture Partners & 28 others	58/100
5th	ManipalCigna Health Insurance 2012, Mumbai (India), Acquired	Provider of an online platform for health insurance	-	-	49/100
6th	Basis 2019, Bengaluru (India), Funding Raised	Online platform offering financial services for women	-	EMVC, Kora & 8 others	46/100
7th	MyDentalPlan 2015, Bengaluru (India), Seed	Network of dental professionals providing plans, treatments, and oral healthcare	$700K	Safeplanet Medicare & 1 others	40/100
8th	Galaxy Health Insurance 2024, Chennai (India), Unfunded	Provider of diversified insurance solutions	-	-	40/100
9th	Oxxy Healthcare 2013, Delhi (India), Unfunded	Healthcare and diagnostic labs discovery platform	-	-	35/100
10th	Rx Consultants 2020, Mumbai (India), Unfunded	Insurance consultancy firm offering financial solutions for the healthcare sector	-	-	32/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Even's competitors? Click here to see the top ones

Founders own 26.13%, Funds (largest shareholder) own 58.07%, Enterprises own 4.86% and Angels own 1.33%. The net worth of Even's founders is INR 359Cr as of Jan 08, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	26.13%	359Cr	7191469	1566040	2462460	8855120
Mayank Banerjee	6133574	9355125	9100615	5008254	8884957	8529823
Alessandro Davide Ialongo	2521185	3046518	2228420	6394003	6270949	7901043
Matilde Giglio	9413736	9270385	8439832	9436399	4646155	4335569
Fund	58.07%	798Cr	2485450	6673458	1386231	1588558
Alpha Wave Global	1793724	6478494	3945716	3422163	6367491	7555040
Khosla Ventures	5885716	1104299	5529280	4956321	8318661	7569027
Founders Fund	755	212	538	210	144	111
Trifecta Capital	0	0	0	0	0	0
Enterprise	4.86%	66.7Cr	1300	4671	6665	4876
Angel	1.33%	18.3Cr	1	7	7	8
Other People	0.12%	1.66Cr	0	0	0	0
ESOP Pool	9.49%	130Cr	2134033	3926143	7223126	6975984
Total	100.00%	1,370Cr	4864478	5384509	6312733	4005646