Even Healthcare Secures $20 Million in Fresh Funding, Total Raises Hit $70 Million

Even Healthcare secured $20 million in fresh funding, bringing its total capital raised to $70 million as the Bengaluru-based healthtech startup accelerates the expansion of its integrated managed-care hospital network and care model.

The funding round was led by Lachy Groom and Alpha Wave Global, with participation from Sharrp Ventures | Harsh Mariwala Investment Office. This is a significant milestone for the company, less than 15 months after its previous Series A round. Founded in 2020, Even Healthcare (founding team Mayank Banerjee, Matilde Giglio, and Alessandro Davide Ialongo) operates a membership-based healthcare platform that combines primary care, diagnostics, hospital services, and structured recovery support. The company’s first hospital, launched in May 2025 in Bengaluru, reached operating break-even in under six months, an achievement notably faster than typical healthcare industry benchmarks.

With this fresh infusion of capital, Even Healthcare will expand its hospital footprint in Bengaluru and significantly scale its vertically integrated managed-care model. The company’s approach is designed to prioritise patient outcomes and continuity of care across the entire health journey with an emphasis on improving clinical outcomes and operational sustainability.

This latest funding milestone reflects Even Healthcare’s position as an innovative force in the healthtech sector, advancing patient-centric care delivery and demonstrating strong early-stage execution. With expanded capital and an outcomes-first model, the company is well-positioned to deepen impact, grow its care network, and support long-term transformation in healthcare access and delivery.