Teachers’ Venture Growth leads Series E for healthcare technology company Alan
Today, Teachers’ Venture Growth (TVG) announces that it led the €183m Series E funding round for Alan, a leading European digital healthcare company, at a total valuation of €2.7bn.
Alan’s mission is to be Europe’s “one-stop health partner for the body and mind” through providing companies with a wide range of physical and mental healthcare services, including health insurance. Since being founded in 2016, Alan has grown to have 300,000 members across France, Spain and Belgium and close to €200m in annualized revenue.
Olivia Steedman, Senior Managing Director at TVG, said: “Alan empowers companies across Europe to achieve better physical and mental health for their employees. We’re delighted to partner with Jean-Charles and his team in simplifying access to health insurance and virtual and physical care through innovative, people-focused technology solutions.”
Jean-Charles Samuelian-Werve, co-founder and CEO of Alan noted: “We are very excited to be working with Teachers’ Venture Growth and to have the trust of our existing investors. They will help us become the one-stop health partner for the body and the mind for all Europeans. We will use the funds to move towards achieving our mission and build the best healthcare experience people could ever dream of.”
Read the full release : Series E - Press release - Alan raises €183m - EN (amazonaws.com)