French health insurance outfit Alan agrees €480M funding round
French health insurance company Alan says it has reached an agreement on a €480m funding round, valuing it at €5. The new Series G funding round follows just months after Alan announced a €100m ... Its new funding round values Alan at €5.
Key Takeaways
- Healthtech French health insurance outfit Alan agrees €480M funding round Its new funding round values Alan at €5.
John Reynolds 1 hour ago Share Share Send email Copy link French health insurance company Alan says it has reached an agreement on a €480m funding round, valuing it at €5.
- The latest funding round is being led by tech investing giant Prosus, a new investor, alongside existing shareholders Teachers' Venture Growth (TVG) and Index Ventures, as well as new investor Dara Holdings.
According to the FT, Prosus's investment includes fresh capital and buying up secondary shares.
- This year it struck a deal with French football star Kylian Mbappé who has invested in Alan and is a brand ambassador.
It says in Q1 2026, it hit more than €800 million in Annual Recurring Revenue (ARR).
- That is what prevention insurance is, and it's the category we are building.
We selected Prosus for their very deep expertise in international expansion.
- What would you like us to deliver to you?
Stats & Key Facts
- #It says in Q1 2026, it hit more than €800 million in Annual Recurring Revenue (ARR).
Its new funding round values Alan at €5. Healthtech French health insurance outfit Alan agrees €480M funding round Its new funding round values Alan at €5. John Reynolds 1 hour ago Share Share Send email Copy link French health insurance company Alan says it has reached an agreement on a €480m funding round, valuing it at €5.
The new Series G funding round follows just months after Alan announced a €100m funding round at a €5bn valuation. Paris-based Alan has raised more than €1. The latest funding round is being led by tech investing giant Prosus, a new investor, alongside existing shareholders Teachers' Venture Growth (TVG) and Index Ventures, as well as new investor Dara Holdings.
According to the FT, Prosus's investment includes fresh capital and buying up secondary shares. Digital health app Alan, founded in 2016, provides health insurance and wellness insurance to businesses, public service organisations, and freelancers. Employing 850 people, it operates across France, Spain, Belgium and Canada.
For more details please read the original article at Tech.eu.
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