Funding round
Alan Seed
Alan, which works in health insurance product development in Paris, raised $13M in a Seed round announced on 25 Oct 2016. It is Alan's first venture round on record.
$13M
Amount raised
12,000,000 EUR converted
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Alan did not disclose a valuation in this round. It is Alan's first venture round on record, in the year it was founded (2016). It is 1.1% of the $1.22B Alan has raised in the venture rounds on record. Alan raised again 18 months later: a Series A round of $28M in Apr 2018. Its next priced round, a Series D in Apr 2021, valued it at $1.68B.
Alan's funding rounds
Alan has 9 venture rounds on record. This one is highlighted.
- Seed this round 25 Oct 2016 $13M
- Series A 10 Apr 2018, led by Index Ventures $28M
- Series B 17 Feb 2019, led by Index Ventures $45M
- Series C 20 Apr 2020, led by Temasek $54M
- Series D 19 Apr 2021, led by Coatue $222M$1.68B post-money
- Series E 12 Oct 2022 amount not disclosed
- Series F 23 Sep 2024, led by Belfius $193M$4.50B post-money
- Growth 18 Mar 2026, led by Index Ventures $115M$6.57B post-money
- Series G 25 Jun 2026, led by Prosus $550M$6.30B post-money
Comparable rounds
How it compares
20 Seed rounds in Insurance - Agents, Carriers & Brokers within a year either side disclosed an amount; the median was $2.0M, and this round was 6.5 times the median. The closest in time, other companies' Seed rounds in Insurance - Agents, Carriers & Brokers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Insurance - Agents, Carriers & Brokers | 29 Nov 2016 | $1.0M | not disclosed | Ferst Capital Partners |
| Insurance - Agents, Carriers & Brokers | 1 Dec 2016 | $1.0M | not disclosed | American Family Ventures |
| Insurance - Agents, Carriers & Brokers | 1 Jan 2017 | $321K | not disclosed | Pi Campus |
| Insurance - Agents, Carriers & Brokers | 7 Jun 2016 | $2.0M | not disclosed | Comcast Ventures and Route 66 Ventures |
| Insurance - Agents, Carriers & Brokers | 1 Mar 2017 | $3.0M | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 23 May 2017 | $30M | not disclosed | Catamaran |
| Insurance - Agents, Carriers & Brokers | 8 Mar 2016 | $2.0M | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 29 Jun 2017 | $1.5M | not disclosed | not named |
Questions
Frequently asked
How much did Alan raise in its Seed round?
Alan raised $13M in its Seed round, announced in Oct 2016.
What was Alan's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Insurance - Agents, Carriers & Brokers?
20 Seed rounds in Insurance - Agents, Carriers & Brokers within a year either side disclosed an amount; the median was $2.0M, and this round was 6.5 times the median.
Did Alan raise again after this round?
Yes: a Series A round in Apr 2018 of $28M.