Insurer Alan Hits €4 Billion Valuation With Belfius Bank Backing
- French startup to also provide insurance to Belfius employees
- Alan has raised more than half a billion euros since 2021
The Alan website.
French digital health-insurance startup Alan raised €173 million ($193 million) in a funding round led by Belgian bank Belfius Bank SA that values the company at €4 billion.
Belfius, Belgium’s second-biggest bank, will also switch to Alan for health insurance provision for its 7,000 employees and offer the startup’s services to its corporate customers in Belgium as part of a strategic partnership, Alan said in a statement on Friday.