"Alan has grown into a team of 740 people serving one million employees, freelancers and retirees with health insurance and wellness services. Its app already lets users manage reimbursements, access doctors and track health habits. The company says it now has the means to invest ambitiously, particularly in tech and AI."
"Alan's latest valuation comes from a €100 million round led by existing investor Index Ventures, joined by new investors Greenoaks, Kaaf, and SH, along with business angels including Shopify founder Tobi Lütke and 2018 FIFA World Cup winner Antoine Griezmann."
"Alan won a contract to provide health insurance to up to 135,000 civil servants and their relatives, adding to private-sector deals struck in both France and abroad. The company claims it reached €785 million in annual recurring revenue in 2025, up 53% from the end of 2024."
Alan, founded in 2016, has grown to 740 employees serving one million users across health insurance and wellness services in multiple countries. The company raised €100 million led by Index Ventures, with participation from Greenoaks, Kaaf, SH, and notable investors including Shopify founder Tobi Lütke and footballer Antoine Griezmann. Alan's valuation increased to €5 billion from $4.5 billion in 2024. The company achieved €785 million in annual recurring revenue in 2025, a 53% increase from 2024, and reached operational profitability in France. Alan secured a contract to provide health insurance to 135,000 civil servants and expanded operations into Belgium, Spain, and Canada, serving corporate clients like HP and Volkswagen.
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