Even Healthcare Raises $50 Mn Led by Khosla Ventures to Expand Hospital Network

The latest funding brings Even Healthcare’s total capital raised to more than $120 million, according to the company. The round will support its efforts to expand its managed healthcare model and improve access to coordinated medical services.

Even Healthcare Plans to Open Five Hospitals in Bengaluru

Even Healthcare plans to open five hospitals in Bengaluru over the next six months. The expansion is expected to strengthen its healthcare delivery network and support its growing membership base.

The company operates a managed care model that combines healthcare services with insurance partnerships. Its approach focuses on coordinating patient care and improving treatment outcomes while managing healthcare costs.

Even Healthcare previously raised $20 million in an earlier funding round to support its expansion plans. The latest $50 million investment will provide additional capital for its hospital expansion and broader operations.

Company Reports More Than 250,000 Members

Even Healthcare said it serves more than 250,000 members across 10 cities. The company is focused on providing coordinated healthcare services through its managed care model.

For its first full year of managed care operations, the startup reported that unplanned hospital readmissions in programmes run with insurance partners were below 1%.

The company also reported that average hospital stays were 40% shorter. However, it did not specify the comparison baseline used to calculate the reduction. These figures were reported by the company and have not been independently verified in the information provided.

About Even Healthcare

Even Healthcare is a Bengaluru-based healthcare startup that operates a managed care model designed to coordinate medical services and support patients throughout their treatment. The company works with insurance partners and aims to improve healthcare delivery through a combination of care management and hospital services.

With its latest funding round, Even Healthcare plans to expand its physical healthcare infrastructure in Bengaluru while building on its existing presence across 10 cities.

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