Tech Company Financing Transactions

Oscar Health Funding Round

Oscar Health, based in New York, secured $80 million in investment from Formation 8, private investors and Khosla Ventures.

Transaction Overview

Company Name
Announced On
5/14/2014
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series A
Investors

Formation 8 (Lead Investor) (Joseph Lonsdale)

private investors (James Breyer)

private investors (Stanley Druckenmiller)

Khosla Ventures

Thrive Capital (Joshua Kushner)

Proceeds Purpose
Oscar, which currently has about 60 employees, will use the new capital to hire talent and offer insurance in new regions.

Company Information

Company Status
Publicly-held
Industry
InsureTech
Mailing Address
75 Varick St.
New York, NY 10013
USA
Email Address
Overview
The Oscar team is focused on utilizing technology, design and data to humanize healthcare. We are a group of technology and healthcare dreamers who looked at the current state of the US healthcare system, got frustrated by the horrible consumer experience, and decided to do something big about it.
Profile
Oscar Health LinkedIn Company Profile
Social Media
Oscar Health Company Twitter Account
Company News
Oscar Health News
Facebook
Oscar Health on Facebook
YouTube
Oscar Health on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mario Schlosser
  Mario Schlosser LinkedIn Profile  Mario Schlosser Twitter Account  Mario Schlosser News  Mario Schlosser on Facebook
Chief Technical Officer
Fredrik Nylander
  Fredrik Nylander LinkedIn Profile  Fredrik Nylander Twitter Account  Fredrik Nylander News  Fredrik Nylander on Facebook
VP - Bus. Development
Michael Kopko
  Michael Kopko LinkedIn Profile  Michael Kopko Twitter Account  Michael Kopko News  Michael Kopko on Facebook
VP - Marketing
Veronica Parker-Hahn
  Veronica Parker-Hahn LinkedIn Profile  Veronica Parker-Hahn Twitter Account  Veronica Parker-Hahn News  Veronica Parker-Hahn on Facebook
VP - Sales
John Pfenning
  John Pfenning LinkedIn Profile  John Pfenning Twitter Account  John Pfenning News  John Pfenning on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/14/2014: Pixel Velocity venture capital transaction
Next: 5/14/2014: AvidXchange venture capital transaction

 

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