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Alan acquires Tanel to grow in Africa's health sector

PRIVATEOct 09, 2026

Acquiring Company

Alan

Acquired Company

Tanel

FranceDakarHealth Care

Description

Alan has acquired Tanel, marking its first expansion into the African health insurance market. The acquisition enables Alan to tap into a market estimated at nearly €600 million, while Tanel gains access to advanced technology and resources. Both companies aim to serve over 1 million people across Africa by 2030. This strategic move strengthens their presence in Senegal and Côte d'Ivoire.

Company Information

Company

Alan

Location

France

About

The company sells its own health insurance products and has expanded to other medical products and services. Existing investors are also participating in this new round, such as Temasek, Index Ventures, Coatue, Ribbit Capital, Exor, Dragoneer and Lakestar.Today’s round is a Series E round and it comes just a year after the startup raised its €185 million Series D. The company can now sign up clients of all sizes and from all industries. And the company has managed to attract 300,000 members so far across 15,000 companies. The company is also working with general practitioners so that they can answer your questions from a chat interface. The company is going to shut down Alan Baby in the coming weeks. The company provides exercises and content. Some companies subscribe to Alan Mind exclusively. It will require 3 million members, but the startup also plans to hire 1,000 people by then. The company currently operates in France, Belgium and Spain. Alan now says it generates an annualized revenue of €200 million. While Alan has ambitious goals, it currently has a tiny market share.

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Frequently asked

Who acquired Tanel?

Tanel was acquired by Alan, based in France. The deal was reported on October 9, 2026. The company sells its own health insurance products and has expanded to other medical products and services. Alan is privately held.

When did Alan acquire Tanel?

Alan's acquisition of Tanel was reported on October 9, 2026. Alan has acquired Tanel, marking its first expansion into the African health insurance market. The acquisition enables Alan to tap into a market estimated at nearly €600 million, while Tanel gains access to advanced technology and resources. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tanel do?

Tanel is a digital health company focused on managing employee health coverage. Launched in 2021, it provides digital tools for businesses and simplifies access to healthcare for individuals. It is privately held, operating in Health Care, and is based in Dakar.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.