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Wednesday, April 24, 2024

Alpha Wave & Aspada invest in full-stack healthcare startup Even’s $15M funding

Healthcare startup Even has secured $15 million in funding. New investors Alpha Wave and Aspada (Lightrock) took part in the round of funding.

A full-stack healthcare startup located in Bangalore, Even,  has  reported that it has secured $15 million in investment, after a $5 million initial round. The company offers its members services such as consultations and hospitalizations.

New investors Alpha Wave and Aspada (Lightrock) invested in the round, in addition to current investors Khosla Ventures, Founders Fund, Lachy Groom, Nikesh Arora (CEO of Palo Alto Networks), Tom Stafford (partner at DST Global), and Kunal Shah (CEO of CRED).

Tejasvi Ravi, Healthcare head at Lightrock India, noted,  “Even is a game-changing concept that combines care delivery and funding, empowering members to make the best health decisions for themselves with the help of high-quality clinicians who are incentivized to provide patient results. We are thrilled to be partnering with Even as they continue their path of encouraging Indians to embrace healthier behaviors.”

The healthcare startup provides customized managed care packages.

The company stated,  “These programs identify and address hazards early, before they develop into catastrophic conditions that necessitate hospitalization. Each member receives a personal care team of doctors, specialists, and care managers available 24 hours a day, seven days a week to recommend the best course of action, whether it’s a specific disease (diabetes and PCOS), an elective health goal (quit smoking, alcohol, etc.), or an emergency.”

Matilde Giglio, cofounder of Even, said, “During onboarding and throughout a member’s experience, our physicians gather and research vital information about members’ health and recommend strategies to decrease risks.”

Even has raised $20 million in the last year.  The company was founded in 20220 by Matilde Giglio,  Alessandro Lalongo, and Mayank Banerjee.


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