Oscar Health began 2015 with fewer than 20,000 members but has already grown its consumer base to more than 125,000. Fortune reports the company still isn’t turning a profit, but that hasn’t stopped it from raking in serious financing in the current round — documentation has turned up that shows Oscar has authorized the sale of up to $400 million in stock for the current series.
Investors in prior rounds have included Google Ventures, Goldman Sachs, Khosla Ventures and Thrive Capital.
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