The French startup that made health insurance not terrible — which in France is roughly equivalent to making the DMV pleasant. Alan has 700,000+ members and €500M+ in revenue. Instant reimbursement through the app. Beautiful UX. No paperwork. In a country where health insurance is legally required for every employer, the distribution is built-in. The European expansion into Spain and Belgium is working. If they can replicate the French playbook across Europe, they're building a continental health platform.
Founded
2016
HQ
Paris, France
Total Raised
$500 million
Founder
Jean-Charles Samuelian-Werve
Status
Private — valued at $4 billion (2024)
Website
alan.comTHE ORIGIN STORY
Jean-Charles Samuelian-Werve was frustrated by the French health insurance experience — opaque pricing, paper claims, and weeks to get reimbursed. He founded Alan as France's first fully digital health insurer.
No paperwork. Instant reimbursement.
A beautiful app. In a country where health insurance is mandatory for every employer, the addressable market is enormous.
WHAT THEY ACTUALLY DO
Health insurance premiums. Alan is a full-stack health insurer — collecting premiums and paying claims.
Revenue from monthly premiums paid by employers and individuals. Also monetizes through an integrated health services platform (telemedicine, mental health, prevention).
Revenue exceeded $500 million in 2024.
THE PRODUCTS
Health Insurance (employer and individual plans), Alan Map (healthcare provider search), Telemedicine (virtual doctor visits), Mental Health Support, Instant Reimbursement, Prevention Programs, Alan Baby (maternity care).
HOW THEY GREW
Pan-European expansion and health services platform. Alan is live in France, Spain, and Belgium.
The vision: become Europe's leading health insurance platform by combining insurance with preventive care, telemedicine, mental health support, and wellness tools. Making insurance a health platform, not just a claims processor.
THE HARD PART
Insurance regulation and capital requirements. Being a full-stack insurer (not just a broker) requires massive capital reserves and regulatory compliance across multiple European countries.
Also: competing with established insurers like AXA and Allianz who have decades of data and distribution.
WHO BACKED THEM
Coatue Management, Dragoneer, Index Ventures, Ribbit Capital, Temasek
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