French Startup, Alan, Has Raised $54.4M for the Health Insurance Product

Alan is a French startup company that has raised $54.4 million in Series C funding round. The round is being led by the Temasek, along with existing investors like Index Ventures. In total, the French startup, Alan, has raised $136 million over the previous four years.

Alan has already created a health insurance product for the French market. The company, at first, began with a well-planned insurance product and now wants to handle all the things that are related to people’s personal health in future. The startup hasn’t built any partnership with existing insurance companies; rather, it has obtained its owned official health insurance license. Compared to the legacy products, the startup wants to become as transparent as possible with neat pricing and policies.

Alan has a gigantic market chance in France since every employee is wrapped by both national health care system as well as private insurance companies. In addition to this health insurance product, this company has been working on several products to aid anyone in staying on top of the health. For example, Alan has made a partnership with Livi so that it can easily be scheduled telemedicine appointments.

Alan has started a directory of different doctors around you. With the help of Alan Map, one can find a health practitioner easily without any surprise. Also, you can use Alan to keep track of previous appointments and find the phone number of a doctor. The fintech companies are creating apps, which can act as a financial hub, and like it, Alan wants to be a health hub. Whenever you have a question, you need information, or you want to get compensated on your health appointments, the startup wants to be the entrance point for those people who use cases.

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Shahina Khatun

Shahina is a Web Developer, Content Writer, SEO Expert and Social Media Marketer.

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