Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.
View More Insurance startup Bright Health raises $200M at ~$950M valuationCategory: Oscar health
Alphabet invests $375 million in Oscar Health
Google parent Alphabet has invested $375 million in next-gen health insurance company, Oscar Health. Google has been a longtime supporter of the six-year-old New York company, having previously invested in Oscar through its Capital G investment wing and Verily health and life sciences research wing. “Alphabet has invested in Oscar over many years and has […]
View More Alphabet invests $375 million in Oscar HealthOscar Health raises $165 million at reported $3B valuation
Oscar Health, the startup run by Josh Kushner (yes, brother of Jared), has raised $165 million at a reported valuation of $3.2 billion, CNBC’s Christina Farr reports. The funding comes from Alphabet’s Capital G investment company and Verily life sciences corporation, Founders Fund and others. Oscar’s goal is to outpace existing industry-leading insurers, including UnitedHealth […]
View More Oscar Health raises $165 million at reported $3B valuationOscar Health expects to generate $1 billion in revenue and sign up 250,000 members in 2018
Despite repeal of the Affordable Care Act’s individual mandate this week, health insurance startup Oscar Health expects to gain to pull in nearly $1 billion in revenue and enroll a quarter of a million members in 2018. The revenue prediction first reported in Axios and signups are quite a feat for the insurance company meant for the digital age. The company is only in its fifth year… Read More