Paris-based digital health insurance startup Alan announced that it has completed with 40 million euros ($45.2 million) in Series B funding.

The round was led by Index Ventures with participation from DST Global.

Alan will use the funds to establish a well-designed insurance product with transparent pricing and policies to make healthcare more accessible.

In 2018, Alan raised a $28 million funding round and booked $25 million in revenue in the same year. ​​​