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Alan announces a €480 million financing round to make prevention insurance the new global standard in healthcare

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Backed by Prosus, Alan enters a new phase of growth to transform healthcare through prevention, technology and AI

PARIS, June 25, 2026 /PRNewswire/ – Alan, the company building the new standard in prevention insurance, today announced an agreement for a Series G financing round of €480 million ($550 million), valuing the company at €5.5 billion ($6.3 billion). The round is led by Prosus, one of the world’s largest technology operators and investors based in the Netherlands, alongside existing shareholders Teachers’ Venture Growth (TVG) and Index Ventures as well as new investors Dara Holdings. The closing of this financing round is subject to applicable regulatory approvals, including from the relevant French financial authorities.

This financing marks a major milestone in Alan’s journey and reflects a growing conviction that healthcare must evolve from a system focused on treating illness to one built around prevention, continuous care, and long-term health outcomes. There is today a unique opportunity to accelerate this with AI.

Over the past decade, Alan has evolved beyond its origins as a health insurer to pioneer a new category: prevention insurance. Healthcare today is built on waiting – for a six-month appointment, for symptoms to get worse, for insurance that only steps in once you are already sick. Alan is built to do the opposite: to act before health problems become bigger problems. It is the first company to bring insurance, prevention and care together in a single integrated experience – combining health coverage, care navigation, wellbeing services and AI-powered health assistance so members can act early, stay on top of their health and feel more in control every day.

With this new financing, Alan enters a new phase of growth with the ambition to make prevention insurance the preferred model for healthcare. The company plans to accelerate the expansion of its model in several new countries across the world, deepen its presence in existing markets including France, Belgium, Spain and Canada, pursue acquisitions, and continue investing heavily in artificial intelligence, healthcare services and product innovation.

The company enters this new chapter from a position of considerable strength. In Q1 2026, the company reached more than €800 million in Annual Recurring Revenue, grew 53% year-over-year, surpassed 1.1 million members and is profitable in France.

Alan believes AI will fundamentally transform healthcare by making personalized prevention, navigation and support available to everyone. Combined with Alan’s integrated healthcare platform, these technologies have the potential to improve outcomes for millions of people while reducing the long-term cost of care.

Prosus brings to this next phase a unique track record of supporting category-defining technology companies around the world. With deep expertise in scaling consumer platforms and a global network built over decades of investment, Prosus will support Alan’s ambition to redefine healthcare for the digital age.

Commenting on this announcement,  Jean-Charles Samuelian-Werve, Co-founder and CEO of Alan, said: “Health can’t wait, not for symptoms to get worse, not for a six-month appointment, not for the system to catch up. Yet that is exactly how healthcare works today. We believe great health is a universal right, and that prevention should be too. For ten years we have shown that technology can turn healthcare from reactive to proactive, helping people act early instead of reacting late. That is what prevention insurance is, and it’s the category we are building. We selected Prosus for their very deep expertise in international expansion and consumer products and to benefit from the incredible ecosystem they are building. We are still at the very beginning of what Alan can become.”

“Healthcare presents one of the most significant global opportunities for AI-led transformation,” said Fahd Beg, Head of Investments at Prosus Group. “Alan has built something unique: an integrated platform where insurance, prevention and care delivery reinforce each other, creating an exceptional healthcare experience for consumers and outstanding platform engagement. We’re excited to partner with Alan to accelerate its international expansion and unlock value through our ecosystem.”

About Alan

Alan is building the new standard in prevention insurance — the first company to bring insurance, prevention and care together in a single experience, serving more than 1.1 million members. Rather than only covering people when something goes wrong, Alan helps them stay one step ahead: acting before health problems become bigger problems and staying in control of their health every day. Alan is an independent company regulated by the French Prudential Supervision and Resolution Authority (ACPR). Members benefit from an integrated solution designed to support both their physical and mental wellbeing while simplifying their healthcare experience through seven-day-a-week customer support, access to doctors directly through the platform, and reimbursement services known for their reliability and speed. The company operates in four countries – France, Spain, Belgium and Canada – and serves more than 37,000 businesses as well as self-employed professionals and retirees. With a team of more than 850 people, Alan is dedicated to delivering an outstanding member experience, reflected in consistently high satisfaction ratings (above 4.2/5). Alan generates more than €800 million in Annual Recurring Revenue and is valued at €5.5 billion in 2026.

Media contacts:

Alexandra van Weddingen

Eléonore Barreyre

Alva Conseil

Alva Conseil

+33611011791

+ 33648175222

avanweddingen@alvaconseil.com

 ebarreyre@alvaconseil.com

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PestPac by WorkWave® Extends Field Capabilities with Door-to-Door Sales Integration

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Identify, quote, sign, and schedule services in as little as 3.5 minutes with a single native workflow

HOLMDEL, N.J., June 25, 2026 /PRNewswire/ — WorkWave®, a leading provider of software and solutions that help mobile service companies thrive, today announced the launch of PestPac’s fully integrated Door-to-Door (D2D) sales engine, designed to improve the field sales experience by moving beyond manual data entry and fragmented workflows. The solution helps business owners support sales activity, better manage their field sales teams, and provide a more modern sales experience, while offering homeowners a professional customer experience.

In high-intensity sales environments, seconds can be the difference between a closed deal and a missed opportunity. Many pest control companies experience a “toggle tax” from switching between disconnected sales apps, paper contracts, and back-office systems. PestPac’s native D2D workflow is designed to reduce this friction, enabling representatives to identify, quote, sign, and schedule services in as little as 3.5 minutes. By staying focused on the customer rather than the technology, reps can better maintain the momentum needed to close deals efficiently.

As external pressures like rising labor and material costs threaten the bottom line, software efficiency has become the primary lever for protecting profit margins. The PestPac D2D workflow is designed to deliver immediate ROI by focusing on:

Sales Enablement and Experience: Support sales activity and enable sales reps with the best-in-class technology and insights they need to make every knock count, and succeed in the field. The native workflow improves the time-to-quote experience, allowing representatives to quickly identify, quote, sign, and schedule services, all from one single screen.System Consolidation: Support tech consolidation and reduced overhead. Because Sales Center is integrated directly into PestPac, rather than using a third-party app, it supports real-time data syncs that help reduce manual entry errors, save time, and lower overhead software costs.Actionable Intelligence: Evaluate ROI and make proactive business decisions with access to dashboards. These insights help turn field data into strategic moves that can support margins and long-term business value.

“Our mission is to provide our customers with sophisticated tools to compete effectively in their local markets,” said Kevin Kemmerer, CEO of WorkWave. “With our integrated D2D engine, we are providing actionable intelligence designed to help turn field data into decisive moves that support margins and long-term business value.”

Whether a company runs high-volume summer programs or a specialized outside sales track, PestPac helps representatives arrive at the door prepared, turning every doorstep into a potential business opportunity.

For more information on PestPac and Door-to-Door, click here.

About WorkWave:

WorkWave is on a mission to deliver innovative software and fintech solutions to the dedicated service professionals who ensure the world remains safe, clean, and beautiful. Powering millions of services every year, leading companies in lawn care, pest control, commercial cleaning, and security guarding rely on WorkWave’s comprehensive SaaS solutions, including its core offerings PestPac®, RealGreen® & TEAM Software®, to manage and grow their businesses. Backed by decades of experience, passionate teams, and an unwavering commitment to its customers, WorkWave’s vision is to empower the world’s mobile service workers to build a brighter future.

For more information, visit workwave.com.

Media Contact:
Brittany Boyle
bboyle@workwave.com

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SOURCE WorkWave

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Convoy of Hope Responds to Deadly Venezuelan Earthquakes

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SPRINGFIELD, Mo., June 25, 2026 /PRNewswire/ — Global disaster relief organization, Convoy of Hope, is already on the ground responding to last night’s catastrophic earthquakes which shook Venezuela and left more than 180 individuals dead and more than 1,500 injured. Officials expect these numbers to rise.

Convoy of Hope’s teams are currently providing life-sustaining immediate relief, including food, water, and hot meals from mobile kitchens.

“Images of the devastation in Venezuela are heartbreaking,” said Ethan Forhetz, Convoy of Hope’s national spokesperson. “The loss of life is staggering. Convoy of Hope is currently working to deliver much needed essential relief supplies to survivors. As we distribute those life sustaining items, we give hope to people who are walking through unthinkable tragedy.”

Venezuela’s Acting President Delcy Rodríguez declared a national state of emergency as her country’s infrastructure is compromised and the capital city of Caracas in crisis, the need for immediate humanitarian aid is critical. Seismologists classified the disaster as a “seismic doublet,” an extremely rare phenomenon where two major earthquakes occur almost simultaneously, resulting in increased damage to housing and structures. These catastrophic tremors with magnitudes of 7.2 and 7.5, rank among the strongest earthquakes to hit Venezuela in more than a century.

Survivors are still being pulled from the debris, families with missing loved ones are clinging to hope as rescue teams work around the clock, and Convoy of Hope is committed to help for the long haul.

Convoy of Hope is a global, faith-based organization that serves vulnerable communities. By partnering with local churches, businesses, civic organizations, and government agencies, Convoy has strategically offered help and hope in more than 130 countries around the world. Since its founding in 1994, Convoy of Hope has served 350 million people and counting.

Media Contact:
Fabiana Boyce, Public Engagement Specialist
(417) 831-7955
fboyce@convoyofhope.org

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SOURCE Convoy of Hope

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University of Maryland Expands Landmark Research Program to Address Society’s Most Pressing Challenges

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The Grand Challenges Grants Program channels the university’s research power across 40+ disciplines to advance solutions for the public good

COLLEGE PARK, Md., June 25, 2026 /PRNewswire/ — The University of Maryland today announced the launch of 11 high-impact research projects funded by nearly $15 million over three years through its Grand Challenges Grants Program, the university’s signature initiative to mobilize research across disciplines in service of society’s most pressing needs.

The newly funded projects draw on the expertise of more than 40 disciplines from across campus, reflecting the university’s commitment to tackling complex challenges — from expanding access to mental health services and heading off future pandemics to reducing educational disparities.

It’s the next step in an ongoing commitment to channel the university’s research power into advancing solutions for the public good. In 2023, the first round of Grand Challenges Grants committed $30 million to 50 projects spanning every college and school — the largest investment of its kind in UMD’s history, resulting in an additional $55 million in external funding.

“The inaugural program demonstrated extraordinary impact due to the breadth of expertise and collaborative spirit across our research enterprise,” Senior Vice President and Provost Jennifer King Rice and Vice President for Research Patrick O’Shea said in an email to the campus community. “Through Grand Challenges 1.0, faculty developed innovative approaches to issues from climate resilience to food insecurity to educational equity and more, strengthening partnerships across disciplines, engaging students in new opportunities, and positioning the university for greater external funding, scholarly impact and public engagement.”

The projects funded this year by Grand Challenges Grants 2.0 were selected from nearly 80 proposals from every college and school involving 400 researchers. The projects will also receive a 50% matching in-kind and/or cash investment from their college or unit.

“These projects exemplify the power of interdisciplinary collaboration to generate new ideas, accelerate discovery and address the grand challenges facing communities in Maryland, across the nation and around the world,” Rice and O’Shea said. “We are inspired by the vision and innovation reflected in these projects, and grateful to everyone who submitted proposals.”

Institutional Awards

IN-PLACE: Interdisciplinary Network for Place-Based Learning, Action and Community-Engaged EnvironMental Health connects time spent in nature with evidence-based mental health care through community partnerships, research and campus programming to simultaneously address the interconnected challenges of mental health, environmental health and health disparities.

Women’s Health Interdisciplinary Research Collaborative advances translational research, workforce development and evidence-based policy to close critical knowledge gaps in women’s health across the lifespan, leveraging AI and community-engaged approaches to drive real-world improvements for a historically underrepresented population in medical research.

Impact Awards

Predictive Biology Hub for Human and Environmental Health develops new predictive tools to mitigate pandemics, improve human health outcomes, and sustain vital ecosystems in the face of emerging global threats across biological scales, from pathogens and ecosystems to brain networks and bioinspired design.

Sustainable and Ethical AI Infrastructure integrates engineering, economics and policy analysis to help Maryland and the nation balance the surging power and water demands of AI data centers with sustainability, affordability and national security goals, while identifying near- and long-term technological solutions for sustainable infrastructure.

Team Awards

Maryland Initiative Against Superbugs focuses on the discovery and engineering of bacteriophage: viruses that infect and kill bacteria. It will combine AI, computational modeling and experimental validation to identify and optimize bacteriophage, or phage, therapies capable of precisely targeting and killing drug-resistant superbugs.

Gut-Healing Smart Pill develops a smart, swallowable capsule that precisely targets and activates the gut’s natural repair mechanisms to heal damaged intestinal tissue, aiming to reduce surgical interventions, improve patient outcomes and lower the enormous costs of inflammatory bowel disease care.

Belonging for Immigrants and Refugees with Disabilities partners with grassroots organizations to provide culturally tailored support services, workforce training and policy advocacy for immigrants and refugees with disabilities to reduce systemic barriers and improve access to education, healthcare and community resources.

AI for Precision Cancer Treatment integrates quantum computing and machine learning to design single-atom catalysts. The emerging approach for improving early cancer detection and treatment efficacy offers a faster, more cost-effective path to safer therapies that minimize damage to healthy tissue.

The Air We Share: A Public Health Revolution for the 21st Century aims to radically improve indoor air safety by advancing the science of airborne infection transmission, demonstrating interventions in homes and healthcare settings, and building the research infrastructure and next-generation leadership needed to make safe indoor air a universal public health standard.

Land-Sea Exchange Network for Salinity: An Early Warning System for Detecting and Managing Salinity Risks tracks salt levels from land to coastal waters and will develop an early warning system to help policymakers and communities identify, manage and reduce the environmental and economic impacts of saltwater intrusion and road salt pollution.

Sustainable Precision Aquaculture Network for Shellfish aims to transform oyster farming into a precision, data-driven industry that addresses global food security, restores water quality and revitalizes coastal economies. It will leverage robotics, AI, big data and Internet of Things technologies to modernize shellfish aquaculture in the Chesapeake Bay.

About the University of Maryland

The University of Maryland (UMD) is the state’s flagship university driven by a community of more than 50,000 fearless Terrapins. As a leading research university and top 20 public institution, UMD is proud to be part of the Association of American Universities. Dedicated to excellence and impact for the public good, the university is propelled by a $1.4 billion joint research enterprise. UMD is the nation’s first Do Good campus, and is consistently ranked for its innovation, research and top-tier academic programs. Located in the National Capital Region, the university offers an unparalleled student experience with federal internship opportunities, hundreds of academic programs and study abroad options, and top-ranked living-learning programs. Spurred by a culture of innovation and creativity, UMD’s faculty are global leaders in their fields and include Nobel laureates, Pulitzer Prize winners and members of the national academies. For more information about the University of Maryland, College Park, visit umd.edu.

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SOURCE University of Maryland

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