Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A start-up health insurance company, Oscar, currently operating only in New York and New Jersey, has obtained a new round of funding totaling $145 million that values it at $1.5 billion.

According to the company, the new funding was led by Peter Thiel and Brian Singerman from Founders Fund. Li Ka-shing of Horizon Ventures, the Wellington Management Company, and Goldman Sachs also participated, in addition to all previous investors. This round brought Oscar’s total funding to date to $320 million. The company said that the new capital would allow it “to expand its operations, develop new products and extend plans to new members across the country.”

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].


Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.

Live Chat