Even Healthcare Raises $15 Million From Alpha Wave And Lightrock

Updated on: 14 November 2022 12:35 am

While many CEOs who went on a guilt trip after announcing retrenchments assured assistance to their sacked employees, it remains questionable how serious are they about keeping their promise

Are Start-up Founders’ Claims Of Helping Sacked Employees Merely Lip Service? Photo: While many CEOs who went on a guilt trip after announcing retrenchments assured assistance to their sacked employees, it remains questionable how serious are they about keeping their promise

Bengaluru-based Even Healthcare has raised $15 million from multiple new investors, including Alpha Wave and Lightrock, the company claimed in a statement.

The subscription-based healthcare start-up will utilise this investment to bolster its team of healthcare professionals who can help its users to combat fatal co-morbid diseases, including PCOS and obesity.

The company raised $5 million seed funding on July 21 from Khosla Ventures, Founders Fund and Lachy Groom. Several investors also participated in the round, including Nikesh Arora, chief executive officer CEO of Palo Alto Networks, Kunal Shah, CEO of Cred and Tom Stafford, managing director of DST Global Partner.

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Founded in 2020 by Mayank Banerjee, Matilde Giglio and Alessandro Lalgolo, Even Healthcare offers a team of medical consultants to detect and treat critical and co-morbid diseases.

Users can utilise the benefits like accessing the medical team or treatment in Even Healthcare’s partner hospitals through subscriptions. The firm has three subscription models, priced at Rs 40, Rs 320, and Rs 528, respectively.

“Co-morbidities like diabetes, high cholesterol, high BP and obesity are quite common in India. They are often uncontrolled due to reluctance to visit a doctor and not getting health checks unless there are symptoms,” co-founder and CEO Matilde Giglio said.

“Even integrates care delivery and financing, ensuring that members make the best health decisions for themselves with the support of high-quality doctors incentivised to deliver patient outcomes,” added Tejasvi Ravi, lead of Healthcare at Lightrock India.