Matilde Giglio (Even Healthcare)

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Overview

Matilde Giglio is an Italian entrepreneur and co-founder of Even Healthcare, a Bengaluru-based healthcare startup established in 2020. Even Healthcare aims to improve healthcare accessibility and affordability in India, offering comprehensive managed care models that include preventive, diagnostic, and hospitalization services. Giglio, alongside her co-founders Mayank Banerjee and Alessandro Ialongo, has played a pivotal role in advancing the company’s mission to transform the Indian healthcare landscape, focusing on patient-centric solutions and integrating healthcare services to reduce costs and enhance patient care.

Recent Developments

In the past two years, Even Healthcare has made significant strides in expanding its operations and service offerings:

  • October 2024: Even Healthcare secured $30 million in a Series A funding round led by Khosla Ventures, bringing its total funding to $50 million. The capital will be used to launch hospital operations in Bengaluru and further scale patient care services.
  • 2023-2024: The company reported a revenue run rate of $28 million, projecting $35 million by the end of FY 2025, with expansion plans focusing on metro and tier-2 cities in India.
  • 2023: Even Healthcare grew its membership base significantly, achieving a remarkable 97% retention rate, and successfully securing collaborations with major clients and healthcare providers across India.
  • 2023: The company launched an AI-powered health assistant, "Even Steven," to provide medically verified information and improve access to care via WhatsApp.

Personal Information

AttributeInformation
Full NameMatilde Giglio
BornNot publicly available
NationalityItalian
OccupationEntrepreneur, Co-Founder of Even Healthcare
Known ForCo-founding Even Healthcare
Net WorthNot publicly available
EducationLUISS Guido Carli University, London School of Economics

Early Life and Education

Matilde Giglio was born and raised in Italy, where she developed an early interest in healthcare and entrepreneurship. She completed her bachelor's degree in Economics at LUISS Guido Carli University in Rome and further pursued a Master of Science degree at the London School of Economics and Political Science. Her academic background provided her with a solid foundation in economics and finance, equipping her with the skills necessary to navigate the complexities of the business world. Before founding Even Healthcare, Giglio ventured into entrepreneurship with Compass News, a journalism startup that utilized machine learning for news curation. Although this venture was not sustained, the experience fueled her passion for innovation and set the stage for her future endeavors in healthcare.

Career and Notable Achievements

  • 2020: Co-founded Even Healthcare, aimed at transforming and integrating healthcare services in India.
  • 2021: Secured initial seed funding of $5 million, led by Khosla Ventures and other notable investors.
  • 2022: Successfully raised $15 million in further funding rounds, enhancing the company’s operational capabilities.
  • 2024: Played a critical role in expanding Even Healthcare to hundreds of thousands of members, with significant revenue growth and partnership engagement.
  • Awards & Recognitions: While specific awards may not be publicized, Giglio has been recognized for her innovative approach to healthcare in India and her impact as a female entrepreneur.

Current Work and Impact

Matilde Giglio continues to serve as a co-founder and leader at Even Healthcare, focusing on expanding the company's footprint in India and refining its healthcare models. Under her leadership, Even Healthcare is working towards becoming a fully integrated healthcare provider, launching new hospital systems, and bolstering patient care experiences. Giglio’s vision emphasizes preventive healthcare, reducing costs, and making healthcare accessible to all sectors of the Indian population. Her work has demonstrated significant potential for impacting healthcare delivery in India, setting new benchmarks for managed care models.

Conclusion

Matilde Giglio’s contributions to healthcare through Even Healthcare position her as a transformative figure in the industry, particularly in India. Her entrepreneurial spirit, combined with strategic foresight, has enabled Even Healthcare to redefine healthcare accessibility and affordability. As the company expands, its innovative approach promises to continue influencing healthcare practices, potentially inspiring similar models worldwide. Giglio's emphasis on preventive healthcare and patient-centric solutions will likely leave a lasting legacy in the healthcare sector.

References

  1. Elets Online Article
  2. Money’s Magazine
  3. Crunchbase
  4. YouTube Interview
  5. BusinessToday
  6. KulaConnect
  7. Business Standard Press Release
  8. Economic Times Article
  9. The Hindu Business Line
  10. Entrackr