February 23, 2016
Late last month we wrote, based on a report from Fortune, that tech saavy up-and-coming health insurer Oscar was raising at least $150 million in a round led by Fidelity. That round is now confirmed, according to Forbes, and it's for more than initially reported: a total of $400 million. The deal reportedly values Oscar at $2.7 billion, just a bit shy of the $3 billion valuation Fortune predicted...
January 20, 2016
Oscar is raising another round of at least $150 million that could raise its valuation to $3 billion, according to a report over at Fortune. Fidelity is the lead investor, Fortune is reporting.
A digital-saavy upstart health insurer, Oscar has already raised $365 million, including a $32.5 million investment from Google Capital last fall and a $145 million round last spring from Peter Thiel and...
September 16, 2015
An Oscar-branded Misfit Flash device.
Oscar, a small New York City-based health insurer noted for its individual focus and digital health savvy, has secured a $32.5 million investment from Google Capital, one of the search giant's two investment arms. The investment may well be strategic, according to the Wall Street Journal, which broke the story.
Last April, Oscar raised $145 million in a...
September 14, 2015
Two important, but unrelated, international digital health transactions made headlines in the past week: China-based Quyi, which develops medical apps, raised $40 million, and India-based Practo, which offers a practice management tool and a doctor search engine, has acquired hospital data management offering Insta Health.
The funding round for Quyi was led by Chinese search giant Baidu,...