In three years, Alain has become the health partner of 25,000 Belgians. The French Unicorn aims to hit the 40,000 mark for 2023.
After three years of activity on Belgian soil, the French startup Alan, which offers health insurance and health services entirely digitally, has consolidated its roots with us. It announces that it has passed the important milestone of 25,000 members in Belgium, with companies such as Sodexo, EVS, Easi, IBA, Keolis, Mithra and National Lottery. At the end of 2021, it had only 10,000 members.
In Belgium, the company again succeeded in registering triple-digit growth in 2022. The 25,000 Belgian members represent Alain’s 400,000 members worldwide, but Alain’s CEO, Jean-Charles Samuelian considers the Belgian market very promising. “We have the impression that we have built a profitable and repeatable model in Belgium,” explains the man who wants to make his company founded in 2016 a “true partner of health” and no longer just a health insurance as it was during its launch.
70 jobs in Belgium
Thus, Alain members have access to a virtual clinic where they can get answers to their health questions and conduct remote consultations with doctors appointed by the French company, which also emphasizes psychological support. Alan hopes to get to 40,000 members in 2023 in Belgium. To achieve this, it will expand its services around health insurance and expand its local team. Fifty people are already employed by Alan in Belgium and around twenty profiles have yet to be recruited this year.
“Fear of change and overestimation of the complexity of the tool are still obstacles. People still find it hard to believe until they try it.”
Present in France, Spain and at home, The company hopes to continue its growth this year by removing remaining barriers to adopting its solution. “Across all regions, we expect to exceed €380m in annual recurring revenue in 2023,” says CEO Alan. “Fear of change and overestimation of the complexity of the tool are still obstacles. People still find it hard to believe until they try it.” To support its growth, Alan’s boss is not thinking of opening new markets this year: “There is still a lot of depth in our existing markets. Next year, we will look at new territories.”
Since its launch 6 years ago, the French Rhino has already done just that It raised nearly 450 million euros Its value is estimated at more than 2.7 billion euros.
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