Insurtech firm Alan used this pitch deck to bag $54.4m in Temasek-led round

ABOUT

France-based insurtech firm Alan provides users with health insurance services including tracking, quotes, invoices, and reimbursement. The platform’s mobile application also allows users to visit their nearest doctor and access meditation apps such as Headspace and Petit Bambou.

The company has been licensed in France since 1986 by the French Prudential Supervisory Authority (ACPR). It plans on launching multiple mobile applications that lets users learn about health topics, contact doctors, and chat with the community.

Recently, the company entered the baby insurance space with an app that provides information on nutrition and child development for infants. It also initiates discussions with doctors on behalf of users, with doctors responding within 24 hours.

Alan used this pitch deck to obtain US$54.4 million in series C funding.

Fundraising journey

• 2016: US$13 million in seed funding from CNP Assurances, Power Financial, Partech Ventures, and other angel investors
• 2018: US$28.3 million in a series A round led by Index Ventures, with investors including CNP Assurances, Partech, Portag3 Ventures, and Xavier Niel also participating in the round
• 2019: US$45 million in series B funding led by Index Ventures, with participation from DST Global
• 2020: US$54.4 million in a series C round led by Temasek Holdings, with participation from Index Ventures

How is the deck compelling?

• Alan begins its pitch deck with information on its unique assets, along with its background that drives the company’s vision and mission.
• The deck elaborates on the products the company offers, its unit economics, and its path toward growth.
• It also provides Alan’s capital efficiency track record, along with the details of its execution.
• The deck shares the company’s strategic plan from its products’ point of view, its go-to market strategy, and its internal team growth plan.

SOURCE

Deck: Peatch