Insurance startup Alan acquires Jour to address mental health

Paris-based health insurance provider Alan has acquired Jour, a guided journaling app, for $20 million, TechCrunch reported. The deal marks Alan's first acquisition and will be used to launch a new mental health service, Alan Mind, which will focus on cognitive behavioral therapy and help users book appointments with psychologists. Jour has raised funding from Secocha Ventures, Kima Ventures and True Ventures; the startup reached an $8.1 million valuation in 2019, according to PitchBook data.

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