Alpha Wave And Lightrock Infuses USD 15 M In Startup Even


Even the Bangalore-based healthcare startup founded by Mayank Banerjee, Matilde Giglio, and Alessandro Ialongo has raised additional funding of $15 million to expand personalised and preventive care in India. The fresh funding was followed by a fundraising effort of $5 million in its seed round.

The new capital comes from new investors Alpha Wave and Aspada (Lightrock), who infused the fresh fund and join existing investors Khosla Ventures, Founders Fund, Lachy Groom, Palo Alto Networks CEO Nikesh Arora, CRED CEO Kunal Shah, and DST Global partner Tom Stafford.

Matilde Giglio, Co-founder, Even says, “Upon onboarding and throughout a member’s journey, our doctors collect and study important information about members’ health and suggest ways to mitigate risks. Comorbidities like diabetes, high cholesterol, high blood pressure (BP), obesity are quite common in India, and are often uncontrolled due to reluctance in visiting a doctor and not getting health checks unless there are symptoms. Just to set more context about how important this is, 50 per cent of users found out for the first time that they had diabetes during our onboarding health check-up.”

“….We are very excited to partner with Even as they continue their journey of encouraging Indians to adopt healthy behaviours”, says Tejasvi Ravi, Healthcare lead at Lightrock India .

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