Alan

insurtechhealthtech

FOUNDING YEAR: 2016
LOCATION: France
Last Update: 18/10/2019

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About

Alan is the first digital health insurance company in Europe. We revolutionise health insurance by focusing on user experience with excellent price-quality ratio health plan. We are the first new independent insurance licensed in France since 1986 by the French Prudential Supervisory Authority (ACPR).Alan raised more than 75 million in its 3 years of existence.

MEDICI Analysis

Alan is a full stack health insurance provider that allows businesses to set up coverage for their employees. The plan is defined by the average age of employees of the company and the number of employees and their beneficiaries . Company defines their premium contribution to the plan which is between 50% (the legal minimum) and 100 % and rest is paid by employee. It plans to include freelancer workers for insurance.

Focus

PRODUCTS & SERVICES

Health insurance platform.

REVENUE MODEL

It charges 55 euros to 85 euros per month for each client's employees and lets employees add children and partners to their coverage plan for extra.

MAIN CLIENTS

Lendix

Heetch

Rhythm

vente privee

payfit

yellow

octoly

doctrine

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

7

TOTAL FUNDING

$153.87 M

DATE OF LAST FUNDING

Apr 2020

IPO STATUS

Private

TOTAL FUNDING COMMENT

The company is planning to use the fund to reach 100,000 users covered within three years, grow the team to 80 employees by the end of 2018, and build its services(April 2018).

ESTIMETED REVENUE RANGE

$50M to $100M

SEED & PRIOR FUNDING

$13 M

SEED CLOSED ON

Mar 2016

SEED PRIOR FUNDING COMMENT

Undisclosed

FUNDING SERIES

SERIES A  · $28.3 M  · Apr 2018

SERIES B  · $45.25 M  · Feb 2019

SERIES C  · $54.33 M  · Apr 2020

OTHERS  · $13 M · Oct 2016

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

434

AVERAGE VISITS (6 MONTHS)

2,416.51

MONTHLY VISITS GROWTH

-72.13%

VISIT DURATION

---

VISIT DURATION GROWTH

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PAGE VIEWS VISIT

1

PAGE VIEWS VISIT GROWTH

0%

BOUNCE RATE

100%

BOUNCE RATE GROWTH

0%

GLOBAL TRAFFIC RANK

11,495,119

MONTHLY RANK CHANGE

2,976,260

MONTHLY RANK GROWTH

34.94%

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