Oscar Health Insurance Secures $400,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb9c80dd-5eaf-4305-8fc5-dff8e3c054a1
Date
2/23/2016
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
$400,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company is sifting its strategy to narrower networks and integrated health systems.
M&A Terms
Venture Investor
Fidelity Management & Research Company
Venture Investor
Undisclosed