Alan’s €5B healthtech journey: How a Paris startup is shaking up Europe’s insurance game — TFN

Alan co-founders


European healthcare systems are complex, fragmented, and costly, which makes it difficult for people to navigate insurers, providers, and paperwork. Since digital progress has lagged behind other industries, patients and employers are looking for smarter, faster, and more personalised care.

Alan set out to change this. Based in Paris, this digital health company is on a mission to bring insurance, prevention, and tech together in one seamless experience. With over a million members already on board, Alan is quietly (or not so quietly) transforming healthcare across Europe.

In 2025, Alan reached €785 million in annual recurring revenue (ARR), marking a 53% increase from the previous year, and became operationally profitable in France, its biggest market.

Following this milestone, Alan raised €100 million in a funding round led by Index Ventures, with support from Belfius and new investors such as GreenOaks, Kaaf, SH, and business angels, including Shopify founder Tobi Lütke, Wealthsimple CEO Mike Katchen, and footballer Antoine Griezmann.

This funding round values Alan at over €5 billion, just ten years after its founding, paving the way for faster investments in technology, prevention, and international growth.

Making health care simple, accessible, and enjoyable for everyone

Back in 2016, Jean-Charles Samuelian-Werve and Charles Gorintin set out with a bold vision: rebuild healthcare from the ground up, putting people (not paperwork) at the centre. With backgrounds in tech, insurance, and behavioural design, they wanted to make everything, from reimbursements to prevention, fast, clear, and genuinely user-focused.

What sets Alan apart is its unique integration of health insurance, digital care, and preventive tools all in one easy-to-use app. Members can see a doctor, handle reimbursements, and get personalised well-being advice instantly.

Alan’s key tech and user benefits include fast automation: 70% of reimbursements are processed within an hour and 99% within 24 hours. It offers personalised prevention features, such as Alan Play, which turns physical activity and wellness into a game, and Prévenir, a workplace health service that helps employers meet health standards.

The platform is scalable enough to serve large clients, such as the French Ministry of Economy and Finance, which onboarded 135,000 employees in just two weeks. Plus, the app sees strong engagement: 29% of members are active weekly and 10% daily.

Unlike competitors such as Doctolib, Bupa, or Kry, Alan provides a full package that combines insurance, care, and prevention rather than separate services.

So, what’s next for Alan?

With a strong cash reserve of €376 million and a clear plan to be profitable as a group by 2027, Alan aims to reach €1 billion in ARR by 2026.

The roadmap includes expansion in Belgium, Spain, and Canada (where the groundwork is already in place), focusing on tech and AI for smarter prevention and personalisation, and adding new health and wellness services through strategic acquisitions.



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