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Updates From Oscar Health

Oscar has raised $165 million to deepen the investment in their technology platform
and accelerate expansion. Below is a summary of their fundraising highlights.

• The funding round was led by Brian Singerman and Founders Fund who have been
behind Oscar since the beginning, as well as industry leaders such as Google, Fidelity and General Catalyst.
• Investors have shown their confidence in Oscar’s playbook for engaging members, securing good
unit costs and driving market share with health system partners. Oscar is striving to expand at a rate
of four to five new cities every year!
• This new capital allows Oscar to continue investing in the infrastructure, technology and people
that are critical to realizing Oscar’s vision of lower health costs, better care, and even happier members.
For recent press coverage, check out the following:


In addition to their efforts to keep EOBs simple, Oscar Health is working to improve the
healthcare experience by updating their legacy systems. Learn more about these efforts here.

 

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Oscar is one of the many carriers Cosmo offers.  Contact Cosmo today for more information
on what plans Oscar has to offer.

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2024