Even - About the company
Even is a series A 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 with outpatient and hospitalization coverage. Even has raised $72.7M in funding from investors like Khosla Ventures, 8VC and Lightrock India, with a current valuation of ₹*****. The company has 1317 active competitors, including 286 funded and 155 that have exited. Its top competitors include companies like Hinge Health, Oscar and Alan.
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
$72.7M in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 13, 2026
Investors
Ranked
16th among 1317 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
551 as on Aug 31, 2025
Legal entities associated with Even
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 | 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 $72.7M over 6 rounds. Its first funding round was on Apr 05, 2021. Its latest funding round was a Series A round on May 13, 2026 for $*****. 1 investor 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 |
|---|---|---|---|---|---|---|
May 13, 2026 | 2241931 | Series A | 9828326 | 2418387 | 8493251 | 6554508 |
Mar 31, 2025 | 9105144 | Series A | 3621479 | 5237122 | 4756194 | |
Jun 19, 2024 | 5438871 | Series A | 8783267 | 9857657 |
Access funding benchmarks and valuations. Sign up today!View details of Even's funding rounds and investors
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 | 5y 8m | |
Team | - | Current | 0y 9m |
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:
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Even's Competitors and alternates
Top competitors of Even include Hinge Health, Oscar and Alan. 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 |  Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 84/100 | |
2nd | Oscar 2012, New York City (United States), Public | Provider of health insurance plans offering virtual and in-person medical care | $1.63B | 81/100 | |
3rd | Platform offering health insurance, preventative care, and related well-being services | $863M | 81/100 | ||
4th | Provider of employee health benefits platform offering health and wellness programs | $28M | 79/100 | ||
5th | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 79/100 | |
6th |  Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 76/100 | |
7th | Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services | - | 75/100 | ||
8th |  Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 75/100 | |
9th |  HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
10th |  Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
16th | Provider of health insurance plans with outpatient and hospitalization coverage | $72.7M | 71/100 |
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Even's Latest cap tables and shareholding
Founders own 38.79%, Funds (largest shareholder) own 48.13%, Enterprises own 4.38% and Angels own 1.04%. The net worth of Even's founders is INR 679Cr as of May 13, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 38.79% | 679Cr | 1614159 | 2407892 | 9837466 | 7064431 |
7529487 | 4265114 | 1599740 | 3196038 | 3412823 | 3741902 | |
9921049 | 4949116 | 7075417 | 5487825 | 9614071 | 3678422 | |
7618582 | 4177565 | 2294021 | 6587432 | 5656800 | 4659511 | |
Fund | 48.13% | 842Cr | 5207797 | 7184549 | 9436351 | 4848886 |
3834658 | 3053917 | 3532914 | 1968116 | 9102893 | 1347056 | |
6217686 | 5136977 | 2611127 | 3152369 | 6723041 | 7185894 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 4.38% | 76.7Cr | 7374 | 1992 | 2057 | 3938 |
Angel | 1.04% | 18.3Cr | 6 | 8 | 7 | 1 |
Other People | 0.21% | 3.65Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 7.45% | 130Cr | 1510407 | 1161884 | 4253368 | 3684393 |
Total | 100.00% | 1,750Cr | 1841256 | 4129649 | 9936846 | 5001348 |
To unlock detailed Cap Table of Even Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Even's Shareholding
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 9 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 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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Khosla Ventures-backed Even Healthcare Targets Fresh FundingVCCircle•Jul 03, 2025•Even, Khosla Ventures
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