Alan Secures €480 Million In Series G Funding Led By Prosus Valuing Company At €5.5 Billion

Alan, a French digital health insurer, raised €480 million in a Series G round that values the company at €5.5 billion. The financing was led by Prosus, with participation from Ontario Teachers' Pension Plan and Index Ventures. This capital will support Alan’s expansion into larger markets and accelerate the development of its AI-powered health insurance platform.

Summary of transaction details:

• Deal Type: Series G
• Transaction Amount: €480 million
• Company Name: Alan
• Founders: Jean-Charles Samuelian-Werve & Charles Gorintin
• Headquarters: Paris, France
• Notable Investors: Prosus, Ontario Teachers' Pension Plan & Index Ventures
• Company Valuation: €5.5 billion

Alan was founded in 2016 and has been focused on transforming the health insurance market through innovative digital solutions. The participation of prominent investors such as Prosus, Ontario Teachers' Pension Plan, and Index Ventures highlights the interest in Alan's growth potential within the health tech sector.