Alan raises €480 million and reaches a €5.5 billion valuation

Funding Rounds

Summary

Alan raised €480 million in a new round led by Prosus, with Dara Holdings joining and existing investors also participating. The company’s valuation rose to €5.5 billion, and management did not specify the exact use of proceeds. Alan plans to use capital to support international expansion, potential acquisitions, and continued product investment. The company also reported strong growth, with annual recurring revenue of €787 million, more than one million members, and over 37,000 customer organizations. It continues to broaden its healthcare platform with new app features such as a marketplace, step counter, and AI health assistant.

$ Funding

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Amount $518.4M Total raised
Date June 24, 2026 Announcement date
Investors Index Ventures, Prosus Ventures Lead investors
Company alan.com Funded company

Classifications

industries
InsurTech
applications
AI & Machine learning

AI Classifications

Labels
Health Insurance Technology SaaS Software Product

Linked Companies

Alan SA
$250M to $500M