New York-based start-up Oscar Health has raised $165m in a funding round led by Getty and Founders Fund. Oscar Health, which provides a range of online health insurance coverage, has signed up almost 250,000 people across six US states so far in 2018, and has projected gross premium revenue sales of $1bn. The company, estimated to be worth $3.2bn, will use the funding to expand into four or five cities annually.
New York-based start-up Oscar Health has raised $165m in a funding round led by Brian Singerman and Founders Fund. Oscar Health, which provides a range of online health insurance coverage, has signed up almost 250,000 people across six US states so far in 2018, and has projected gross premium revenue sales of $1bn. The company, estimated to be worth $3.2bn, will use the funding to expand into four or five cities annually.