On the contrary, Alan does not know the crisis. The digital health insurance introduced in 2016 even achieved growth of 100% in 2020 with an annual income of 100 million euros. It has just closed funding of 185 million euros, which equates to a valuation of 1.4 billion euros. Without making any noise, the startup has joined the limited circle of French unicorns.
In order to be successful in his new financing round, Alan was able to convince investors such as Dragoneer and Exor. Index Ventures, Ribbit Capital, Temasek and Coatue Management. The latter is one of the most important investment platforms in the world with assets of 35 billion. It is located in the capital of companies like ByteDance (the parent company of TikTok), Instacart, Snap or Spotify.
Goal: one million policyholders by 2023
Philippe Laffont, CEO of Coatue, also commented on his choice: “We are excited to help Alan transform the healthcare market. With his unique human-centered approach, Alan can significantly reduce healthcare costs. We are proud to have Alan’s vision for a Health super app to share. “”
A reason to be delighted with Jean-Charles Samuelian-Werve, co-founder and CEO of Alan. Quoted by our colleagues from Les Échos, he sums up the corporate philosophy as follows: “We want to make access to care as good as possible, as if you were a head of state with your personal doctor in your pocket. “”
With its new resources, the company plans to adapt locally to the situation in each country. For France in particular, it wants to work with companies by “investing in the automation of workforce processes, employee membership in health and pension funds, management of payrolls and work stoppages. »In Belgium, resources are made available for medical consultations and psychological support. Finally, Spanish customers benefit from a medical concierge service to help them find the right doctor and make an appointment.
This post is also good news in terms of employment. Alan will be hiring an additional 400 people across Europe, especially for his international teams, which will increase their workforce from 30 to 140. The company’s goal is to cover 1 million employees by 2023 and be profitable in France within two years.