Prosus announced that it is leading a €480 million funding round in Alan, a European health and insurance technology company building an AI-powered healthcare platform.
Prosus is investing €400 million, or about $460 million, into Alan through a combination of primary and secondary equity. The round values Alan at €5.5 billion, or about $6.3 billion.
Existing investors Teachers’ Venture Growth and Index Ventures also joined the round, along with new investor Dara Holdings. The closing of the financing remains subject to applicable regulatory approvals, including from the relevant French financial authorities.
Alan has built an AI-native healthcare platform that brings together insurance, care, and prevention in a single personalized experience. The company is focused on what it calls prevention insurance, helping members act earlier rather than only responding after health issues arise.
Alan reached more than €800 million in annual recurring revenue as of the first quarter of 2026, up 53% year-over-year. The company is profitable in France, its largest market.
The company serves more than 1.1 million individuals and more than 37,000 businesses, along with self-employed professionals and retirees. Alan operates in France, Spain, Belgium, and Canada.
The investment will support Alan’s international expansion and AI product development. Prosus said it will help Alan scale its consumer offering, expand into large international markets where Prosus has a strong presence, and accelerate AI-led product development, including through access to Prosus’ Large Commerce Model.
Alan is expected to support Prosus’ broader consumer ecosystem strategy by expanding its offering into healthcare and strengthening its life assistant strategy.
Alan’s platform is designed to support physical and mental well-being while simplifying the healthcare experience. Members have access to seven-day-a-week customer support, doctors through the platform, and reimbursement services.
Alan is regulated by the French Prudential Supervision and Resolution Authority. The company has a team of more than 850 people.
Prosus is a global technology investor and operator focused on lifestyle ecommerce brands across Europe, India, and Latin America. Its ecosystem spans food delivery, payments, classifieds, travel, events, and mobility.
KEY QUOTES:
“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.”
Fahd Beg, Head of Investments at Prosus Group
“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.”
Jean-Charles Samuelian-Werve, Co-Founder and CEO of Alan
