Oscar Health

Oscar Health

  • FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    24 Dec, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Health Insurance platform
MAIN CLIENTS:
Retail health insurance Consumers and health providers
EXISTING PARTNERSHIPS:
Partnership with Qualcore, Misfit
PRIMARY PROBLEM SOLVED:
Helps its users in managing care, processing medical claims, controlling healthcare costs, and also provide transparency.
COMMENT
The company has built tools for solving the problem of tackling outdated, incomplete or incorrect data gathered from its partners (doctors and hospitals)

PEOPLE

FOUNDERS:
Mario Schlosser, Joshua Kushner
Board Members and Advisors:
Joel Cutler, Joe Lonsdale, Naveen Selvadurai, Jonathan Sills
NUMBER OF EMPLOYEES:
501-1000
INVESTORS:
Alphabet, Founders Fund, CapitalG, Verily, 8VC, Fidelity Investments, General Catalyst Partners, Khosla Ventures, Thrive Capital, Lakestar, Ping An Ventures, Wellington Management, Goldman Sachs, Red Swan Ventures, BoxGroup, Breyer Capital, Glynn Capital, The Cambria Group, Nima Capital, Darwin Ventures, Brainchild, Lerer Hippeau Ventures, Western Technology Investment, Formation 8, Brian Singerman, Peter Thiel, Jim Breyer
KEY EMPLOYEES:
Brian West (Chief Financial Officer), Alan Warren (CTO, SVP Engineering), Edward Segel (SVP of Business), Isaac Councill (Engineering Director), Michael Kopko (Business Development), Dennis Weaver (Chief Clinical Officer), Sara Wajnberg (Chief Product Officer), Vinod Mitta (Vice President), Corey Maher (Product Manager), Bobby Guelich (Interim Head of Sales), Thorsten Wirkes (Vice President), Timothy Faust (Acquisition Data), Mike Onorato (iOS Engineer), Jia Jia Ye (VP, Service Experience), Mike Miller (Engineer), Stephen Kalmakis (Senior Software Engineer), Michael Schenck (Engineer), Mike Lee (Talent Acquisition), Allee Clark (Site Reliability Engineer), Andrew Shults (Engineering Director), Helena Chestnut (IT Engineer), Greg Dracoulis (Software Engineer), Joshua Long (Director of Design), Warren Kiser (Engineer), Frank Guzzone (Product Designer), Gabe Drapos (Interim Marketing Coordinator), Maggie Bashford (Junior DBA), Will Simmons (Senior Product Manager), John Ong (Software Engineer), Yang Mou (Software Engineer), Wyatt Anderson (Software Engineer)

TRACTION

VALUATION / MARKET CAP:
$3.2 Billions in 2018

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$1.27 Billions
DATE OF LAST FUNDING:
Aug 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds to expand beyond its individual healthcare exchanges and small employer market. (Aug. 2018)
FUNDING SERIES:
SERIES A
$70 Millions Closed: Jan 2014
SERIES B
$80 Millions Closed: May 2014
SERIES C
$145 Million Closed: Apr 2015
Others
$972.5 Millions Closed: Aug 2018
LISTED:
NO

MOST VIEWED RESEARCH


RECENT RESEARCH