Alan, a French digital health insurer, raised $193 million in a Series F funding round led by Belfius Bank, with participation from prominent investors like Temasek and Lakestar. The funding will be used to enhance its technology, expand operations in Belgium (its second-largest market), and hire over 25 new employees. Belfius Bank, a key partner, will introduce Alan’s services to corporate clients and its 7,000 employees. Alan aims to achieve profitability by 2026 and expand internationally with accessible health products.
Key Points:
- Funding: $193 million Series F round led by Belfius Bank.
- Purpose: Strengthen tech, expand Belgian market, grow the team.
- Partnership: Belfius will offer Alan’s services to employees and corporate clients.
