Prosus Invests $460 million in French health tech Alan
Prosus Invests $460 million in French health tech Alan June 25 (Reuters) - Dutch investment company Prosus PRX.AS has invested $460 million into French health tech company Alan, valuing the startup at $6.3 billion, the company said on Wednesday.
Alan operates in France, Canada, Belgium and Spain and offers services such as health insurance and telehealth. The company has an annual recurring revenue of 800 million euros ($909.04 million) as of the first quarter of 2026.
The investment will consist of both primary and secondary equity
It will help drive Alan's expansion in international markets and accelerate its AI-led product development
Prosus will also provide Alan with access to its Large Commerce Model
The transaction's closing is subject to applicable regulatory approvals, including from French financial authorities
($1 = 0.8800 euros)
(Reporting by Lucie Barbier and Zakarya Meliani; Editing by Varun H K)