Here’s what you should know.
1. Founders Fund led the financing round. Alphabet’s Capital G growth investment arm and its Verily life sciences segment also participated.
2. The insurance startup was co-founded by Joshua Kushner, Kevin Nazemi and Mario Schlosser. Mr. Nazemi is no longer with the company.
3. The latest round brings the company’s valuation up to $3.2 billion, up from its last valuation of $2.7 billion.
4. Oscar varies from other payers by taking an individual insurance marketplace mindset.
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