- The new round of funding will enable Alan to launch additional health services, expand internationally and help build a frictionless, fair and friendly healthcare system for everyone.
- Alan started in 2016 by creating the only independent digital health insurance in France.
- Alan’s ambition is to transform the healthcare industry to a more human-centric model that delivers better care for all.
Alan, the leading independent digital health insurance provider in France, has closed a €50 million Series C investment round to transform how healthcare is delivered to everyone. Temasek, a global investment company headquartered in Singapore, led the round along with existing investors including Index Ventures. This brings the company’s total amount raised since founding to €125 million.
Alan aims to deliver better outcomes for all and contribute to better functioning healthcare systems by fundamentally rethinking how people access care, through a more human-centric, preventative, digital and transparent model. Further, the company‘s vision is to be a true partner in health for all its members in France, and soon across Europe.
“Once the world begins to emerge from the COVID-19 health crisis, we believe that expectations and demands on the healthcare system will lead to a much faster transition to digital solutions. This is not just about convenience, but about delivering better care,” commented Jean-Charles Samuelian, co-founder and CEO of Alan.
Alan has already given shape to this vision by offering to its members fast and easy access to medical professionals, through in-person appointments or by video. Clients are provided with frictionless access to information and care support through the company‘s app, which includes tools to better anticipate
health journeys which may involve many different health professionals and clinics. Offerings include “Alan Map” which enables users to quickly source medical help and handle all reimbursements, and the Doctor Address Book which allows members to keep all their doctor information in one place.
In response to COVID-19, Alan has also introduced “Coup de pouce”, free access to the latest available information on the pandemic, personalized symptom checker, free telemedicine service, as well as helping to improve mental well-being of users through mediation and yoga.
Alan’s vision for the future of healthcare
Jean-Charles Samuelian noted:
“Since its creation, Alan has been driven by its mission to make the healthcare system frictionless, fair and friendly for everyone. In the current crisis, this is more needed than ever. The global COVID-19 outbreak has reinforced people’s aspiration for more control over their health, and for a better healthcare system at every level.”
Alan continues to pursue its long-term mission through:
- Offering the best health insurance coverage to its members, individuals and companies: With an insurance offering which revolves around simplicity, speed, and availability, Alan has the capability to provide extra care to its community. By keeping onboarding and reimbursement fast, members can efficiently manage their finances and their time. Alan will keep investing to make health insurance quickly accessible when needed the most.
- Digitising companies: Being 100% digital, Alan has built several services to help Human Resources (HR) professionals better serve their employees by providing accurate information, symptom checker, stress-management tools, and telemedicine. Alan, which is suited for teams of 1000 and over, aims to become a HR gateway to employee health and wellbeing.
- Building the future of healthcare: Alan’s ambition is to become the main app people will use to: access instant information when they are stressedabout their health, find and communicate with healthcare professionals and receive personalised proactive health advice. For Alan, the future of healthcare is based on empowering the user while ensuring data protection remains robust.
- Expanding internationally: Recognising the growing demand for quality healthcare, Alan’s goal is to provide its services on a broader scale. Following the opening of two new offices in Spain and Belgium this summer, Alan aims to expand in most European countries in the next 5 years.