insurtech
Founded in 2016, the company runs an online insurance marketplace and a platform for medical crowdfunding.
+Oscar focuses on giving provider-sponsored and regional health plans the services and technological capabilities of larger health plans.
Newly unveiled Circulo shares investors and a CEO with the healthcare automation unicorn.
Founded in 2012, Oscar has grown to an approximate membership of 529,000, an annual revenue of $1.67 billion and a lifetime accumulated deficit of $1.43 billion.
The startup's app prices care using cash rates, while letting its members choose their preferred care by comparing the costs of their local providers.
This raise follows a summer round of $225 million for the insurtech startup.
Earlier this summer, the company announced plans to expand into new markets in 2021 and to add small-business plans in certain areas.
The startup provides users with price transparency tools and a Visa card for healthcare payments at cash rates.