Alan, the health partner that insures, prevents, and supports daily, has announced it has secured $100.0 million in new funding. This investment round underscores the company's continued growth and its position in the health technology sector. Founded in 2016, Alan was the first new health insurance player approved in France since 1986, quickly establishing itself as a significant health partner.
Alan offers a unique service model centered on prevention and overall physical and mental well-being. The company leverages technology to simplify access to care, moving beyond traditional insurance offerings. Its services include personalized prevention plans, a virtual clinic accessible seven days a week, and an online optical center, alongside other ongoing innovations. This comprehensive approach has resulted in an exceptional customer satisfaction level, with a Net Promoter Score (NPS) of 68.
With over 710,000 members across 33,000 companies of various sectors and sizes, Alan has expanded its footprint significantly. The company employs over 600 individuals and operates in France, Spain, Belgium, and Canada. This new capital injection is expected to support Alan's strategic initiatives, including further development of its technology platform and expansion of its service offerings to meet evolving member needs.
The $100.0 million in funding positions Alan to accelerate its growth trajectory and reinforce its commitment to making healthcare more accessible and user-friendly. The company plans to use the funds to continue innovating its health solutions and strengthen its presence in existing and potentially new markets, aiming to further enhance its role as a comprehensive health partner for individuals and businesses.
