The time for the balance sheet has arrived for Alan and obviously, the startup escaped the complicated period crossed by French Tech. On the contrary, his management welcomes a year 2024 ” exceptional ».
Major partnerships
The company has surpassed the 500 million euros in annualized premiums, an increase of 48 % compared to 2023. At the same time, it reduced its losses to 54 million euros, compared to 59 million the previous year. Alan, who specializes in health insurance, won 200,000 new insured people over this period, raising her total number to 700,000. She set himself a million insured by 18 months.
“” Our collaborations with the public sector and leading companies have demonstrated our ability to positively influence the health ecosystem in all sectors and all organizational sizes “Says Mihaela Albine, the director of the unicorn valued at 4 billion euros, in a publication On LinkedIn.
Because Alan was able to count on major partnerships to strengthen its activities in 2024. Starting with two major public contracts, with the Ministry of Ecological Transition and the Prime Minister’s services. Likewise, the unicorn has teamed up with Belfius, the second Belgian bancassurer, in order to strengthen its presence in the country dish.
The bank, which invested in Alan during a fundraising up to 173 million euros, offers Assurtech products and solutions to its customers. The startup also launched in Spain and Canada.
Cap on AI
“” We have managed to control our operational expenses thanks to AI. About 50 % of our growth corresponds to productivity “, Worn Ludovic Bauplé, director of income, during a press conference.
Unsurprisingly, Alan has also surfed on the wave of artificial intelligence. “” The launch of our Alan Walk, Shop and Mo services illustrates our approach to innovation and artificial intelligence to improve our users in terms of health. For example, more than 3,000 conversations took place between our members and our medical assistant managed by the AI, which demonstrates a strong and natural adoption of the service “, Details Mihaela Alb Alb.
The startup intends to continue on this great momentum, and aims at the 700 million euros in prime primes announcing in 2025, an increase of 40 % compared to last year. Likewise, she expects to be profitable in 2026.
- Alan recorded an “exceptional” year, while the French Tech sector overall suffered in 2024.
- The startup specializing in health insurance has recorded 500 million euros in annualized premiums, and has 700,000 insured.
- It has drastically strengthened its international presence, especially in Canada.
