Alphabet subsidiaries Capital G and Verily Life Sciences took part in a round that took Oscar's total funding to $935m, valuing it at $3.2bn.
US-based online insurance portal Oscar Health secured $165m yesterday in a round featuring two subsidiaries of internet and technology conglomerate Alphabet: Capital G and Verily Life Sciences.
Venture capital firm Founders Fund led the round, which included financial services group Fidelity, 8VC, General Catalyst, Khosla Ventures, Thrive Capital and undisclosed others. It valued Oscar at $3.2bn, sources familiar with the matter told CNBC.
Oscar runs an app-based platform where users or businesses can buy health insurance which comes with features…
