Oscar grabs $225M in venture capital funds

Oscar closed $225 million in its latest funding round, the health insurance startup said June 26, with existing investors like Alphabet and General Catalyst participating.

Oscar said the funds position it to continue growth off a $2 billion revenue base.

Oscar now offers its technology-driven health insurance plans in 15 states and 29 markets in the U.S. Its membership has expanded to more than 420,000 members.

Read more here.

More articles on payers:
BCBS of Texas president is out: 4 things to know
Blue Shield of California launches 20 pilot projects, including settling claims in real time
BCBS of North Carolina to pay primary care clinics to switch to value-based model

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.