Even Healthcare raises $50 mn in Khosla-led Series B
In short
Even Healthcare raised $50 million in a Series B round led by Khosla Ventures. The company plans to open five hospitals in Bengaluru over the next six months, and its total funding is now said to be above $120 million.
This could help Even Healthcare grow its hospital network, but the exact valuation and other backers were not stated in the available reporting.
What the reporting says
Even Healthcare raised $50 million in a Khosla Ventures-led Series B round, according to a publisher summary. The managed care company also plans to open five hospitals across Bengaluru over the next six months, and its valuation is said to have tripled from the previous fundraise. The reporting says total funding has now crossed $120 million, but it does not name the new valuation or other investors.
Why it matters
Even Healthcare raised $50 million in a Khosla Ventures-led Series B round, while the company says it plans to open five hospitals in Bengaluru over the next six months. The publisher summary says its valuation has tripled from the previous fundraise and total funding is now above $120 million. The reporting does not state the new valuation, the full investor list, or whether the hospital openings are already funded.