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French Insurtech Alan Soars to €5 Billion Valuation with New Funding

French insurtech Alan has closed a €100 million funding round, boosting its valuation to €5 billion. The Paris-based company, founded in 2016, reported €785 million in annual recurring revenue for 2025 and aims for €1 billion in 2026, serving over one million members across multiple countries. The investment will fuel international expansion and AI-driven product development.