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Causaly vs Alan

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Alan is valued at $5.8B — more than 3x Causaly's N/A.

Head-to-Head Verdict

Alan leads on 4 of 4 metrics

Causaly

0 wins

-Funding
-Awaira Score
-Team Size
-Experience

Alan

4 wins

+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
N/A
$5.8B
Total Funding
$66M
$750M
Awaira Score
45/100
83/100
Employees
1-50
500-1000
Founded
2018
2016
Stage
Acquired
Series D
CausalyAlan
Causaly logo
Causaly

🇬🇧 United Kingdom · Elias Iosif

AcquiredAI HealthcareEst. 2018

Valuation

N/A

Total Funding

$66M

Awaira Score45/100

1-50 employees

Full Causaly Profile →
Winner
Alan logo
Alan

🇫🇷 France · Jean-Charles Samuelian

Series DAI HealthcareEst. 2016

Valuation

$5.8B

Total Funding

$750M

Awaira Score83/100

500-1000 employees

Full Alan Profile →
Market Context

As AI Healthcare players, Causaly and Alan target overlapping customers despite operating from different countries. The stage gap — Causaly at Acquired vs Alan at Series D — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

AI Healthcare remains a contested market, with Causaly and Alan among its most prominent entrants. Causaly built a biomedical AI platform that extracts and maps causal relationships from scientific literature at scale, allowing pharmaceutical researchers and scientists to query cause-and-effect relationships across millions of published papers and clinical documents. Alan is an AI-powered health insurance platform that combines employer group health insurance products with a digital health companion application, using AI to personalise member health recommendations, streamline claims processing, and provide on-demand access to telehealth and mental health resources.

Funding & Valuation

Alan carries a disclosed valuation of $5.8B, while Causaly remains privately valued. Capital raised tells a clear story: Alan at $750M versus Causaly at $66M — a $684M difference.

Growth Stage

Established in 2016, Alan has a modest 2-year head start over Causaly (2018). Growth stages differ: Causaly (Acquired) versus Alan (Series D), a distinction that matters for both deal structure and competitive positioning. On headcount, Causaly reports 1-50 employees and Alan reports 500-1000.

Geography & Outlook

Geography separates them: Causaly in 🇬🇧 United Kingdom and Alan in 🇫🇷 France, each benefiting from local ecosystems. On Awaira's 0-100 scale, Alan leads decisively at 83 compared to Causaly's 45. Causaly, led by Elias Iosif, and Alan, led by Jean-Charles Samuelian, each bring distinct leadership visions to the AI sector.

Funding Velocity

Causaly

Total Rounds5
Avg. Round Size$13.2M
Funding Span5.3 yrs

Alan

Total Rounds1
Avg. Round Size$183M

Funding History

Causaly has completed 5 funding rounds, while Alan has gone through 1. Causaly's most recent round was a Series D of $26.4M, compared to Alan's Series E ($183M). Causaly is at Acquired while Alan is at Series D — different points in their growth trajectory.

Team & Scale

Alan has the bigger team at roughly 500-1000 people — 500x the size of Causaly's 1-50. They're close in age — Causaly started in 2018 and Alan in 2016. Geographically, they're in different markets — Causaly operates out of United Kingdom and Alan from France.

Metrics Comparison

MetricCausalyAlan
💰Valuation
N/A
$5.8B
📈Total Funding
$66M
$750MWINS
📅Founded
2018WINS
2016
🚀Stage
Acquired
Series D
👥Employees
1-50
500-1000
🌍Country
United Kingdom
France
🏷️Category
AI Healthcare
AI Healthcare
Awaira Score
45
83WINS

Key Differences

📈

Funding gap: Alan has raised $684M more ($750M vs $66M)

📅

Market experience: Alan has 2 years more (founded 2016 vs 2018)

🚀

Growth stage: Causaly is at Acquired vs Alan at Series D

👥

Team size: Causaly has 1-50 employees vs Alan's 500-1000

🌍

Market base: 🇬🇧 Causaly (United Kingdom) vs 🇫🇷 Alan (France)

⚔️

Direct competitors: Both operate in the AI Healthcare market segment

Awaira Score: Alan scores 83/100 vs Causaly's 45/100

Which Should You Choose?

Use these signals to make the right call

Causaly logo

Choose Causaly if…

  • United Kingdom-based for regional compliance or proximity
  • Causaly built a biomedical AI platform that extracts and maps causal relationships from scientific literature at scale, allowing pharmaceutical researchers and scientists to query cause-and-effect relationships across millions of published papers and clinical documents
Alan logo

Choose Alan if…

Top Pick
  • Higher Awaira Score — 83/100 vs 45/100
  • More established by valuation ($5.8B)
  • Stronger investor backing — raised $750M
  • More market experience — founded in 2016
  • France-based for regional compliance or proximity
  • Alan is an AI-powered health insurance platform that combines employer group health insurance products with a digital health companion application, using AI to personalise member health recommendations, streamline claims processing, and provide on-demand access to telehealth and mental health resources

Funding History

Causaly raised $66M across 5 rounds. Alan raised $750M across 1 round.

Causaly

Series D

Oct 2023

$26.4M

Series C

Jun 2022

$20.5M

Series B

Feb 2021

$11.9M

Series A

Oct 2019

$5.3M

Seed

Jun 2018

$2M

Alan

Series E

Oct 2022

Lead: Coatue Management

$183M

Investor Comparison

No shared investors detected between these two companies.

Unique to Alan

Coatue ManagementDragoneerTemasek

Users Also Compare

FAQ — Causaly vs Alan

Is Causaly bigger than Alan?
Alan has a disclosed valuation of $5.8B, while Causaly's valuation is not publicly available, making a direct size comparison difficult. Alan employs 500-1000 people.
Which company raised more funding — Causaly or Alan?
Alan has raised more in total funding at $750M, compared to Causaly's $66M — a gap of $684M. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Alan leads with an Awaira Score of 83/100, while Causaly sits at 45/100. That 38-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Causaly vs Alan?
Causaly was founded by Elias Iosif in 2018. Alan was founded by Jean-Charles Samuelian in 2016. Visit each company's profile on Awaira for a full founder biography.
What does Causaly do vs Alan?
Causaly: Causaly built a biomedical AI platform that extracts and maps causal relationships from scientific literature at scale, allowing pharmaceutical researchers and scientists to query cause-and-effect relationships across millions of published papers and clinical documents. The platform used a specialised natural language processing system trained to identify causal assertions in biomedical text, producing a structured knowledge graph of disease mechanisms, drug targets, and biological pathways.\n\nThe company was founded in London in 2018 and was acquired by Elsevier, the academic publishing giant, in 2022. The acquisition gave Elsevier an AI layer to sit atop its vast corpus of scientific publications, enabling researchers using ScienceDirect and other Elsevier products to query causal biological knowledge rather than simply searching for documents. Prior to acquisition, Causaly had built a client base among pharmaceutical R&D teams seeking to accelerate literature review and hypothesis generation.\n\nCausaly represented a niche but strategically important segment of the biomedical AI market: causal reasoning and knowledge graph construction. Its acquisition by Elsevier followed a broader trend of academic publishers acquiring AI startups to enhance their platforms, similar to Wiley acquiring Atypon and Springer Nature building AI discovery tools. The company is now integrated into Elsevier Research Intelligence, extending causal AI capabilities to Elsevier institutional subscribers worldwide. Alan: Alan is an AI-powered health insurance platform that combines employer group health insurance products with a digital health companion application, using AI to personalise member health recommendations, streamline claims processing, and provide on-demand access to telehealth and mental health resources. The Paris company holds full insurance carrier status in France, Belgium, and Spain, operating as a licensed insurer rather than a distribution intermediary.\n\nThe company raised approximately $220 million including a Series D round from investors including Temasek, Coatue, and Index Ventures, reaching a valuation of approximately $1.4 billion. Alan reports over half a million members across its markets, covering employees at several thousand companies including Stripe, Spendesk, and Vinted, with strong growth in SME employer sales driven by its digital-first enrolment and claims experience. The Alan app provides members with health navigation, symptom checking, and AI-generated health content in addition to insurance card and claims management functionality.\n\nAlan competes in the European digital health insurance market against traditional mutuals including Malakoff Humanis and AG2R La Mondiale, as well as digital health insurers including Henner and Oscar Health in the US context. Its vertical integration as a licensed insurer combined with a technology platform differentiates it from insurtechs that distribute existing insurer products through digital channels, giving Alan full control over the member experience and claims economics. The company is considered one of the most significant French technology companies building in regulated financial services.
Which company was founded first?
Alan got there first, launching in 2016 — that's 2 years of extra runway. Causaly didn't arrive until 2018. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Causaly has about 1-50 employees; Alan has about 500-1000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Causaly and Alan competitors?
Yes — they're direct rivals. Both Causaly and Alan compete in AI Healthcare, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Alan has a clear lead here — Awaira Score of 83 vs Causaly's 45. The difference comes down to funding depth and team scale.

Who Should You Watch?

Alan is in the stronger position — better score and deeper pockets. But Causaly has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive