The French health insurer is carrying out a major fundraising, supported by international investors, to accelerate its international growth.
French health insurer Alan has raised 480 million euros in an operation now valuing it at 5.5 billion euros, it announced on Wednesday. The operation is led by Dutch investment fund Prosus, “one of the world’s leading technology groups and investors, alongside historic shareholders Teachers Venture Growth (TVG) and Index Ventures,” Alan said in a statement. The British Dara Holdings also becomes a new investor in Alan as a result of the operation.
Created ten years ago, Alan (800 employees) has managed to carve out a place for itself among French complementary health insurance companies by focusing since its creation on very advanced digitalization of its activity and on artificial intelligence.
The group now boasts recurring annual revenue of 787 million euros, up 54% year-on-year, for a net loss of 26 million euros in 2025, while having become profitable on its French market alone.
Heading towards the international
Alan did not explicitly indicate what the 480 million euros raised in this operation would be used for, even though he did not hide in March that he already had abundant financial resources. Mihaela Albu, Alan’s financial director, then spoke of the group’s desire to “make acquisitions and support its international expansion”.
After France, his original market, Alan has already set foot on the Belgian, Spanish and Canadian markets, where he has just started his activity.
