Exor has become the latest corporate investor in the online insurance provider, which already counts CNP Assurances as an investor and which is now valued at $1.7bn.
Alan, a France-based digital health insurance provider backed by insurance firm CNP Assurances, has received €185m ($223m) in a series D round that included diversified holding group Exor.
The round valued the company at approximately $1.7bn and was led by investment manager Coatue, while Singaporean state-owned investment firm Temasek, Dragoneer Investment Group, Index Ventures and Ribbit Capital also took part.
Alan has developed an online platform for businesses and the self-employed to directly purchase health insurance products. It provides its…
