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 Animesh Banerjee of Even. They have also founded 1 company.

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 May 31, 2026, Even has 696 employees, reflecting a 29% year-over-year growth in headcount.

Is Even a funded company?

Even is a funded company, having raised a total of $123M across 7 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 May 13, 2026.

When was the latest funding round of Even?

Even's latest funding was a $***** Series B round on Oct 19, 2026, with participation from 2 investors. Its primary sector is Healthcare Payer Tech. In India, the Healthcare Payer Tech sector has seen $50.4M in funding in 2026 to date.

What is the annual revenue of Even?

Annual revenue of Even is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Even rank among its competitors?

Even ranks 1st amongst 243 active competitors, of which 21 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Even, which secured $50M in Oct, 2026.

Who are the top competitors of Even?

Even's top competitors include eHealth, HealthCare.com and Waterdrop. Among them, Even secured the most recent funding round in October, 2026.

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

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

$123M in 7 rounds

Latest Funding Round

Series B, Oct 19, 2026, $*****

Post Money Valuation

₹***** as on May 13, 2026

Investors

Khosla Ventures & 55 more

Ranked

1^st among 243 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

696 as on May 31, 2026

Similar Companies

eHealth & 272 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	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)

Even has raised a total funding of $123M over 7 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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 19, 2026	8995042	Series B	5062504	6469577	5516043	7374515
May 13, 2026	4870758	Series A	7341943	6863199	5776838	7159322
Mar 31, 2025	4139178	Series A	5813970	5362684	Alpha Wave Global & 1 more	Sharrp Ventures & 6 more

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View details of Even's funding rounds and investors

The 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
Mayank Animesh Banerjee	Team	-	Current	6y 1m
Alessandro Davide Ialongo	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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Top competitors of Even include eHealth, HealthCare.com and Waterdrop. 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	Even 2020, Bengaluru (India), Series B	Provider of health insurance plans offering transparent coverage for hospitalisation and outpatient medical expenses	$123M	Alpha Wave Global, Trifecta Capital & 54 others	71/100
2nd	eHealth 1997, Mountain View (United States), Public	Online health insurance comparison platform for individuals and small businesses	$44M	QuestMark Partners, H.I.G. Capital & 14 others	69/100
3rd	HealthCare.com 2006, Miami (United States), Series C	Online insurance comparison platform for health insurances	$211M	Oaktree Capital Management, PeopleFund & 10 others	65/100
4th	Waterdrop 2016, Chaoyang (China), Public	Online comparison platform for health insurance	$525M	Tencent, Swiss Re & 8 others	60/100
5th	Stride Health 2013, San Francisco (United States), Series C	Online comparison platform for health insurance	$96M	F-Prime Capital, King River & 18 others	59/100
6th	GoHealth 2001, Chicago (United States), Public	Platform offering healthcare insurance solutions	$50M	Norwest Equity Partners, HTIF & 4 others	57/100
7th	Health IQ 2014, Mountain View (United States), Series D	Health insurance comparison platform	$95.1M	Greenspring Associates, Aquiline Capital Partners ... & 15 others	57/100
8th	Decent 2018, Sausalito (United States), Series A	Online comparison platform for health insurances	$18M	Foundation Capital, QED Investors & 49 others	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.	-	HHS	50/100
10th	Covered California 2012, California (United States), Funding Raised	Health insurance comparison platform	-	-	48/100

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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	1243045	3784992	5265441	4310953
Mayank Animesh Banerjee	6052107	3535594	1962448	2893648	9690214	9879924
Alessandro Davide Ialongo	5253553	7593908	7295758	2222823	1016349	1007312
Matilde Giglio	7923787	4883623	1151415	4969425	3975501	7490622
Fund	48.13%	842Cr	1918837	4674370	8324701	5347560
Khosla Ventures	7371979	5581946	6846400	1578506	8458445	8628136
Alpha Wave Global	6268710	9661237	3364524	8916442	3967422	4433133
8VC	0	0	0	0	0	0
Trifecta Capital	0	0	0	0	0	0
Enterprise	4.38%	76.7Cr	1756	4878	5376	6308
Angel	1.04%	18.3Cr	5	1	8	5
Other People	0.21%	3.65Cr	0	0	0	0
ESOP Pool	7.45%	130Cr	1309900	2709517	9213434	1616002
Total	100.00%	1,750Cr	5654494	1680387	7109563	5296949