Even - About the company
Even is a series B company based in Bengaluru (India), founded in 2020 by Matilde Giglio, Mayank Animesh Banerjee and Alessandro Davide Ialongo. It operates as a Provider of health insurance plans offering transparent coverage for hospitalisation and outpatient medical expenses. Even has raised $126M in funding from investors like Khosla Ventures, 8VC and Lightrock India, with a current valuation of $*****. The company has 245 active competitors, including 21 funded and 15 that have exited. Its top competitors include companies like eHealth, HealthCare.com and Waterdrop.
Company Details
Provider of health insurance plans offering transparent coverage for hospitalisation and outpatient medical expenses. The company facilitates access to medical care by providing comprehensive policies that include coverage for inpatient treatments, outpatient services, and various modern medical procedures. It focuses on simplifying the insurance experience through clear policy terms and dedicated support for claims and enrolment 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 B
Total Funding
$126M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 19, 2026
Investors
Ranked
1st among 245 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
696 as on May 31, 2026
Legal entities associated with Even
Even is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EUSTON INSURANCE ADVISORS PRIVATE LIMITED CIN: U67100KA2019PTC122517 , India, Active | Mar 19, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Even Healthcare Private Limited CIN: U85300KA2020PTC207831 , India, Active | Sep 01, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 696 (As on May 01, 2026) |
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Even's funding and investors
Even has raised a total funding of $126M over 8 rounds. Its first funding round was on Apr 05, 2021. Its latest funding round was a Series B round on Oct 19, 2026 for $*****. 2 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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2026 | 9748381 | Series B | 9123168 | 9025369 | 7081222 | 2078331 |
Jan 08, 2026 | 8632209 | Series A | 1245460 | 3142885 | 6524344 | |
Mar 31, 2025 | 5127305 | Series A | 6182028 | 4741681 | 5152768 |
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Even's founders and board of directors
Founder? Claim ProfileThe founders of Even are Matilde Giglio, Mayank Animesh Banerjee and Alessandro Davide Ialongo. Mayank Animesh 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.Contact Info: 1 phone number
- Mayank Animesh 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
Even's Board of Directors
Even's board has 2 active members. Mayank Animesh Banerjee and Alessandro Davide Ialongo are part of team.Here is the list of Even's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 1m | |
Team | - | Current | 0y 10m |
View details of Even's Founder profiles and Board Members
Even's employee count trend
Even has 696 employees as of May 26. The total employee count is 29.0% more than what it was in May 25. Here is Even's employee count trend over the years:
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Even's Competitors and alternates
Top competitors of Even include eHealth, HealthCare.com and Waterdrop. Here is the list of Top 10 competitors of Even, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of health insurance plans offering transparent coverage for hospitalisation and outpatient medical expenses | $126M | 71/100 | ||
2nd | eHealth 1997, Mountain View (United States), Public | Online health insurance comparison platform for individuals and small businesses | $44M | 69/100 | |
3rd | HealthCare.com 2006, Miami (United States), Series C | Online insurance comparison platform for health insurances | $211M | 65/100 | |
4th | Online comparison platform for health insurance | $525M | 60/100 | ||
5th |  Stride Health 2013, San Francisco (United States), Series C | Online comparison platform for health insurance | $102M | 59/100 | |
6th | _1561115211641.png?devicePixelRatio=2&height=30&width=30){kind=logo} GoHealth 2001, Chicago (United States), Public | Platform offering healthcare insurance solutions | $50M | 57/100 | |
7th | _1557835374979.jpg?devicePixelRatio=2&height=30&width=30){kind=logo} Health IQ 2014, Mountain View (United States), Series D | Health insurance comparison platform | $95.1M | 57/100 | |
8th | Decent 2018, Sausalito (United States), Series A | Online comparison platform for health insurances | $18M | 57/100 | |
9th |  Regence 1997, Portland (United States), Funding Raised | Provider of health insurance plans and related services. It offers individual and family plans, Medicare plans, and employer-sponsored plans. Services include access to a network of doctors and dentists, pharmacy savings programs, and mental health care options such as virtual therapy and in-person therapy. The company also provides resources to help members manage their health and navigate life changes that may affect their health insurance needs. Account management tools allow for personalized benefits information and streamlined health management. | - | 50/100 | |
10th |  Covered California 2012, California (United States), Funding Raised | Health insurance comparison platform | - | - | 48/100 |
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Even's Investments and acquisitions
Even has made no investments or acquisitions yet.
Reports related to Even
Here is the latest report on Even's sector:
News related to Even
Filter this listMedia has covered Even for a total of 8 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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Even Healthcare raises USD 50 Mn in Series B led by Khosla VenturesEnablers•Oct 19, 2026•Even, Khosla Ventures, Alpha Wave Global
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Even Healthcare Secures Rs 208 Cr in Series B Funding Led by Khosla VenturesEntrackr•Aug 26, 2026•Even
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Even Healthcare Secures $20 Million in Funding Led by Lachy Groom and Alpha WaveEntrackr•Jan 06, 2026•Even Healthcare, Alpha Wave Global, Even, Sharrp Ventures and 3 others
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Khosla Ventures-backed Even Healthcare tops up Series A roundVCCircle•Jan 06, 2026•Khosla Ventures, Alphawave Semi, Sharrp Ventures, Even and 6 others
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Even Healthcare reports 92% revenue retention as it expands managed care modelYourStory•Sep 24, 2025•Even
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Even Healthcare launches first hospital in Bengaluru to bridge gaps in India’s secondary careExpress Healthcare•Jul 16, 2025•Even
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