• Alphabet Invests $375 Million in Healthcare Startup Oscar

    3 monthes ago - By Fortune

    Alphabet Inc., Google's expansive parent company, is investing $375 million in the 6-year-old healthcare startup Oscar Health .
    Co-founded by CEO Mario Schlosser and Josh Kushner (brother of Jared Kushner, the son-in-law and a top adviser to President Donald Trump), Oscar was valued at $3.2 billion before this latest investment, Bloomberg reports.
    At Oscar's start, Alphabet invested through its venture capital fund Capital G and its health sciences company, Verily. With Tuesday's additional investment, the startup has more funding to expand and update infrastructure as they focus on the...
    Read more ...

     

  • Alphabet invests $375 million in health insurance start-up Oscar

    3 monthes ago - By Los Angeles Times

    Alphabet Inc. is putting $375 million into health insurance start-up Oscar Health, the latest healthcare investment from Google's parent company. Oscar - which has been selling health plans under the Affordable Care Act since 2013 - plans to use the funds to help fuel its entrance into the lucrative...
    Read more ...

     

  • Alphabet puts another $375 million into Josh Kushner's Oscar Health

    3 monthes ago - By CNBC

    Alphabet is making a $375 million strategic investment in Oscar Health, a six-year-old start-up that has built technology to better processes insurance claims. In March, the company's Capital G and Verily arms participated in a $165 million round.
    Read more ...

     

  • Oscar Health just raised $375 million from Alphabet

    Oscar Health just raised $375 million from Alphabet

    3 monthes ago - By Business Insider

    Oscar Health just raised an additional $375 million from Alphabet, bringing the health insurer's total funding up to more than $1 billion.
    As part of that raise, Oscar CEO Mario Schlosser told Wired , the company plans to expand beyond the individual healthcare exchanges and small employer market and into the Medicare Advantage market, caring for people 65 and older.
    Oscar Health just got a cool $375 million from Google's parent company to bring its tech-backed health insurance plans to more people.
    In total , the company has now raised more than $1 billion. Its last-reported valuation was...
    Read more ...