Alan secures another $193 million for its healthcare startup
Alan, a French firm, has raised a new €183 million round of funding. The startup sells its own brand of health insurance and has moved into other medical products and services. Alan, a French startup, has secured €183 million in fresh capital ($193 million at today's currency rate). Alan's goal is to build a healthcare super app and a one-stop shop for all of your health-related queries and needs. The company says, "We are presently self-sustaining and will stay so until we attain profitability." Teachers' Venture Growth (TVG), the Ontario Teachers' Pension Plan Board's venture fund, is leading the round. Existing investors including as Temasek, Index Ventures, Coatue, Ribbit Capital, Exor, Dragoneer, and Lakestar are also involved in this new round. "We still have less than 1% of the market 'Exchange," Samuelian-Werve said. The investment announced today is a Series E round, and it comes just a year after the startup...