Oscar grabs $225M in venture capital funds

Oscar closed $225 million in its latest funding round, the health insurance startup said June 26, with existing investors like Alphabet and General Catalyst participating.

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Oscar said the funds position it to continue growth off a $2 billion revenue base.

Oscar now offers its technology-driven health insurance plans in 15 states and 29 markets in the U.S. Its membership has expanded to more than 420,000 members.

Read more here.

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