Alan, a Paris, France-based personal, proactive and holistic health company, raised €183M in Series E funding at a valuation of €2.7 billion.
The round was led by Teachers’ Venture Growth, and Ontario Teachers’ Pension Plan Board, with participation from Temasek, Index, Coatue, Ribbit Capital, Exor, Dragoneer, and Lakestar.
The company intends to use the funds to expand operations, team and product.
Founded in 2016 by Jean-Charles Samuelian and Charles Gorintin, Alan distributes its own health insurance plans to companies of all sizes and to independent professionals to give members wellness coverage (etiopathy, osteopathy, etc.). With Alan Clinic, members can access relevant practitioners and chat, book appointments, or have teleconsultations.
The member base now exceeds 300,000, spanning a broad range of more than 15,000 companies in the tech, hospitality and retail sectors. Alan, which operates in France, Belgium and Spain, now generates an annualized revenue of approximately €200m.
FinSMEs
05/05/2022