Paris-based prevention insurance firm Alan announced an agreement for a Series G financing round of €480 million, valuing the company at €5.5 billion.
The round is led by Netherlands-based investor Prosus alongside existing shareholders Teachers’ Venture Growth (TVG) and Index Ventures as well as new investors Dara Holdings.
“With this new financing, Alan enters a new phase of growth with the ambition to make prevention insurance the preferred model for healthcare,” said Alan.
“The company plans to accelerate the expansion of its model in several new countries across the world, deepen its presence in existing markets including France, Belgium, Spain and Canada, pursue acquisitions, and continue investing heavily in artificial intelligence, healthcare services and product innovation.
“The company enters this new chapter from a position of considerable strength. In Q1 2026, the company reached more than €800 million in Annual Recurring Revenue, grew 53% year-over-year, surpassed 1.1 million members and is profitable in France.
“Alan believes AI will fundamentally transform healthcare by making personalized prevention, navigation and support available to everyone. Combined with Alan’s integrated healthcare platform, these technologies have the potential to improve outcomes for millions of people while reducing the long-term cost of care.”
Jean-Charles Samuelian-Werve, Co-founder and CEO of Alan, said: “Health can’t wait, not for symptoms to get worse, not for a six-month appointment, not for the system to catch up.
“Yet that is exactly how healthcare works today. We believe great health is a universal right, and that prevention should be too. For ten years we have shown that technology can turn healthcare from reactive to proactive, helping people act early instead of reacting late.
“That is what prevention insurance is, and it’s the category we are building. We selected Prosus for their very deep expertise in international expansion and consumer products and to benefit from the incredible ecosystem they are building. We are still at the very beginning of what Alan can become.”
Fahd Beg, Head of Investments at Prosus Group, said: “Healthcare presents one of the most significant global opportunities for AI-led transformation.
“Alan has built something unique: an integrated platform where insurance, prevention and care delivery reinforce each other, creating an exceptional healthcare experience for consumers and outstanding platform engagement. We’re excited to partner with Alan to accelerate its international expansion and unlock value through our ecosystem.”