Oscar is a health insurance company that employs technology, design, and data to humanize health care. The Oscar team is focused on utilizing technology, design and data to humanize healthcare.
Oscar Health is backed by a renowned set of investors and advisors, Oscar is set out to revolutionize healthcare.
Oscar Health was founded in 2012 by Mario Schlosser, Josh Kushner (younger brother of Jared Kushner) and Kevin Nazemi, who were classmates at Harvard Business School. Schlosser and Kushner were inspired to start the company after interacting with a complicated hospital billing system in 2012 (Schlosser for his wife’s pregnancy, and Kushner for his sprained ankle). They named the company Oscar after Kushner's great-grandfather, in order to bring a human element to the ethos of the healthcare company.
Oscar has a raised a total of $892.5M in 7 funding rounds. The company received their last funding on Mar 27, 2018, where they cashed $165M from Founders Fund & 7 other investors in a "Venture Round" funding.