.
MergerLinks Header Logo

Announced

Completed

Oscar raised $225m in a funding round.

Financials

Edit Data
Transaction Value£182m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Venture Capital

Acquisition

Private Equity

Life Insurance

Private

United States

Friendly

health insurance

Minority

Synopsis

Edit

Oscar, a technology-focused health insurance company, raised $225m in a funding round. Existing investors, including Alphabet, General Catalyst, Khosla Ventures, Lakestar and Thrive Capital, participated in the round, along with new investors Baillie Gifford and Coatue. “Transforming the health insurance experience requires the creation of personalized, affordable experiences at scale. At Oscar, we combine our full-stack technology platform and data-driven approach to deliver seamless care that meets members where they are. We have created an experience that feels like you have a doctor in the family. This funding enables us to further accelerate the development of our unique model while creating efficiencies and cost-savings,” Mario Schlosser, Oscar Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US