Oscar Health Raises $225M in Series E
Oscar Health has successfully raised $225M in a Series E at a $3.2B valuation led by Founders Fund, Capital G, Khosla Ventures.
Company Overview
Oscar Health is a HealthTech company headquartered in New York, NY, founded in 2012 with 1500+ employees.
Technology-driven health insurance
Fundraising Details
- Amount Raised: $225M
- Round Type: Series E
- Valuation: $3.2B
- Date: 2018-03-06
- Investors: Founders Fund, Capital G, Khosla Ventures
About Oscar Health
Technology-driven health insurance The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2012
- Team Size: 1500+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Oscar Health's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Oscar Health's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3.2B valuation marks an important milestone for Oscar Health, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Oscar Health is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2018-03-06. For more information about Oscar Health, visit their headquarters at New York, NY.
