Oscar: Closes $140M Funding Round

  • Oscar, an NYC-based health insurance company built on a full-stack technology platform, closed a $140m funding round
  • The round led by Tiger Global Management, LLC, with participation from Dragoneer, Baillie Gifford, Coatue, Founders Fund, Khosla, Lakestar, and Reinvent
  • Led by Mario Schlosser, Co-Founder, and CEO, Oscar a health insurance company built around a full-stack technology platform
  • The company also offers Individual & Family, Small Group, and Medicare Advantage plans
  • All products and services provided by or through operating subsidiaries of Mulberry Health Inc., including Oscar Insurance Company and its affiliates
  • Heading into 2021, Oscar will also available in 18 states and 286 counties across its Individual and Family Plans, Medicare Advantage, and Small group products
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...