Oscar Health Insurance Obtains $80,000,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9da5b160-de5f-47b6-976d-53d2fe212968
Date
5/14/2014
Company Name
Oscar Health Insurance
Mailing Address
295 Lafayette Street New York, NY 10012 USA
Company Description
The Oscar team is focused on utilizing technology, design and data to humanize healthcare. We are a group of technology and healthcare dreamers who looked at the current state of the US healthcare system, got frustrated by the horrible consumer experience, and decided to do something big about it.
Website
http://www.hioscar.com
Transaction Type
Venture Equity
Transaction Amount
$80,000,000
Transaction Round
Series A
Proceeds Purposes
Oscar, which currently has about 60 employees, will use the new capital to hire talent and offer insurance in new regions.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor