Prosus is leading a €480 million funding round for the French health insurtech Alan, now valued at €5.5 billion. That’s at least €500 million more than its valuation just three months ago.
Alan now brings in over €800 million in annual recurring revenue, has grown 53% year over year, and is profitable in France—all with only 850 employees.
This investment aims to make ‘prevention insurance’ a new category. Prosus plans to add Alan to its consumer ecosystem, which already includes iFood, Swiggy, and Just Eat Takeaway.
Most people only go to the doctor when something is wrong. Alan has spent the past 10 years trying to change that, and Prosus is backing this effort with its largest investment yet.
In June 2026, the Amsterdam-listed group announced a €400 million investment in the Paris-based health insurer, valuing it at €5.5 billion. Existing investors, Teachers’ Venture Growth and Index Ventures, also joined the round, along with new investor Dara Holdings.
