Alan funding news – French-based Alan Secures €173Million in Series F Round Funding

In addition to Belfius, the round included famous French and international entrepreneurs, as well as current investors Temasek, Coatue, Lakestar, and OTPP via Teachers’ Venture Growth.

It hopes to attain group profitability by 2026 while maintaining complete control over its financial flow. The funding that has been raised will help with international expansion, growth acceleration, and technology advantage enhancement. With the founders and staff owning more than 40% of the capital and most of the voting rights, the company's governance is still in place.

Read also - Ferovinum funding news – London-based Ferovinum Raises £17.5 Million in Series A Round Funding

Personalized preventive programs, an online optical center, and a virtual clinic are among the services provided by the company. With an average response time of two minutes and 80% of reimbursements cleared in less than an hour, it uses technology to streamline access to care.

Through their strategic alliance, Alan and Belfius are able to provide services to Belfius' 7,000 workers as well as millions of corporate and institutional clients. Because of the distribution agreement included in the relationship, Alan Belfius is now the preferred partner for health and insurance services. In order to facilitate expansion, it also intends to hire more than 25 strategic workers in Belgium.

Through the use of it's strengths in insurance, prevention, and everyday care, the agreement seeks to revolutionize the healthcare industry. It also wants to strengthen it's position in health insurance innovation and artificial intelligence (AI) by providing individualized, AI-driven services.

Jean-Charles Samuelian, CEO of Alan, says, “This privileged partnership with Belfius, whose transformation over the past decade has been truly inspiring, opens the door to a new era for Alan in Belgium. Belfius’ investment will allow us to accelerate our development and expand our capacity to offer cutting-edge, accessible health products and services to a wide audience.”

Speaking about the investment in Alan, Marc Raisière, CEO of Belfius, says, “At Belfius, we firmly believe in the power of European talent in artificial intelligence, their revolutionary potential for the banking and insurance industries, and for society as a whole. I am delighted to announce our strategic partnership with Alan, a healthcare pioneer in Europe. Together with Jean-Charles Samuelian and the Alan team, we are ushering in a new era of employee well-being and business success. By combining their cutting-edge technology with our commitment to innovation, we are investing in the peace of mind, productivity, and growth of everyone’s most precious asset: people. This is how we can bring meaning and inspiration to Belgian society, together,”.

About Alan

Alan is your one stop health partner. They give everyone access to a healthy & productive life, empowering the body and the mind. Their services include the most intuitive health insurance offering, their Alan Clinic to navigate the healthcare system and Alan Mind, their mental well-being offer among other things!. With it, people are healthier, happier and more productive.