Alan Raises €183M in Series E; Valued At €2.7 Billion

alan

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 funds will be used by the company to grow its operations, team, and product.

Jean-Charles Samuelian, Charles Gorintin and Charles Gorintin founded Alan Clinic in 2016. They offer their own health insurance plans to all companies and independent practitioners to provide members with wellness coverage (etiopathy and osteopathy). Alan Clinic allows members to chat, book appointments, and have teleconsultations.

The membership base now exceeds 300,000. It includes more than 15,000 companies from the retail, tech, and hospitality sectors. Alan, which operates in France, Belgium and Spain, now generates an annualized revenue of approximately €200m.

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