Type to search

Insurtech News

Alan Raises €183m to Radically Improve Access to Physical and Mental Healthcare

Alan Raises €183m to Radically Improve Access to Physical and Mental Healthcare | Fintech Finance

Alan, the one-stop health partner for the body and mind, has raised €183m in a Series E round at a total valuation of €2.7bn. Alan’s member base now exceeds 300,000, spanning a broad range of more than 15,000 companies in the tech, hospitality and retail sectors. Alan now generates an annualized revenue of approximately €200m. Since 2016, Alan’s mission has been to make personal, proactive and holistic health part of people’s daily lives, striving to be the world’s most member-centric healthcare company. This fundraising takes us one step closer towards our mission of being the friend in health for all Europeans.

Teachers’ Venture Growth (TVG), part of the C$242 billion Ontario Teachers’ Pension Plan Board (Ontario Teachers’), led the funding round, with participation from existing and new investors including Temasek, Index, Coatue, Ribbit Capital, Exor, Dragoneer, and Lakestar.

Olivia Steedman, Senior Managing Director at TVG, said: “Alan empowers companies across Europe to achieve better physical and mental health for their employees. We’re delighted to partner with Jean-Charles and his team in simplifying access to health insurance and virtual and physical care through innovative, people-focused technology solutions.”

Jean-Charles Samuelian-Werve, co-founder and CEO of Alan noted: “We are very excited to be working with Teachers’ Venture Growth and to have the trust of our existing investors. They will help us become the one-stop health partner for the body and the mind for all Europeans. We will use the funds to move towards achieving our mission and build the best healthcare experience people could ever dream of.”

Tags:

People in this post:

Next Up