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.
Through all of this year’s tumultuous ups and downs, one trend that has remained unstoppable – and has even accelerated – is the healthcare sector’s adoption of technology.
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.
Alphabet, General Catalyst, Kholsa Ventures, Lakestar, Thrive Capital and Baillie Gifford participated in this round.
The Californa company will be strengthening its proprietary member-data platform and plan offerings.