Alan raises €50m Series C financing led by Temasek

– FRANCE, Paris –  Alan, the leading independent digital health insurance provider in France, today announced the closing of a €50 million Series C investment round led by Temasek, a Singapore global investment company, alongside existing investors including Index Ventures.

The financing that brings the total amount raised since founding to €125 million will help Alan to transform how healthcare is delivered to everyone.

Alan aims to deliver better outcomes for all and contribute to better functioning healthcare systems by fundamentally rethinking how people access to care, through a more human-centric, preventative, digital and transparent model.

Further, the company’s vision is to be a true partner in health for all its members in France, and soon across Europe.

“Once the world begins to emerge from the COVID-19 health crisis, we believe that expectations and demands on the healthcare system will lead to a much faster transition to digital solutions. This is not just about convenience, but about delivering better care,” said Jean-Charles Samuelian, co-founder and CEO.

Alan has already given shape to this vision by offering to its members fast and easy access to medical professionals, through in-person appointments or by video. Clients are provided with frictionless access to information and care support through the company’s app, which includes tools to better anticipate health journeys which may involve many different health professionals and clinics. Offerings include “Alan Map” which enables users to quickly source medical help and handle all reimbursements and the Doctor Address Book which allows members to keep all their doctor information in one place.

In response to COVID-19, Alan has also introduced “Coup de Pouce”, free access to the latest available information on the pandemic, personalized symptom checker, free telemedicine service, as well as helping to improve the mental well-being of users through mediation and yoga.

Jean-Charles Samuelian noted: “Since its creation, Alan has been driven by its mission to make the healthcare system frictionless, fair and friendly for everyone. In the current crisis, this is more needed than ever. The global COVID-19 outbreak has reinforced people’s aspiration for more control over their health, and for a better healthcare system at every level.”

About Alan

Alan unlocks frictionless, fair and friendly healthcare for everyone. Founded in 2016 by Jean-Charles Samuelian and Charles Gorintin, Alan became the first independent health insurance company in France since 1986.
Alan distributes its own health insurance plans directly to companies and individuals. By providing its members with a delightful health experience, beautifully designed tools and wellness coverage (meditation, etiopathy, osteopathy…), Alan’s long-term goal is raising awareness of the benefits of proactive care and better living.
Alan covers more than 76,000 members, representing €58m of revenue +165% in 2019). The team is 200 people.

For more information, visit alan.com/press

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