Oscar - About the company
Oscar is a public company based in New York City (United States), founded in 2012 by Kevin Nazemi, Mario Schlosser and Joshua Kushner. It operates as a Provider of health insurance plans offering virtual and in-person medical care. Oscar has raised $1.63B in funding from investors like Founders Fund, Fidelity Investments and Khosla Ventures. The company has 415 active competitors, including 121 funded and 72 that have exited. Its top competitors include companies like Hinge Health, Sharecare and Wellhub.
Sectors and market segments that Oscar operate in
Oscar serves in the FinTech, InsurTech, HealthTech market segments.The primary business model of Oscar are:Company Details
Provider of health insurance plans offering virtual and in-person medical care. The organization facilitates access to prescription medications and virtual urgent care services. It offers resources such as a care team and a network of doctors. The entity provides options for individuals, families, and businesses seeking health coverage.
- Website
- www.hioscar.com/
- Email ID
- *****@hioscar.com
- Phone Number
- +1 **********
- Registered Address
- 75 Varick Street, 5th Floor New York, NY
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Public
Total Funding
$1.63B in 10 rounds
Latest Funding Round
Investors
Ranked
2nd among 415 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
2,883 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Oscar
Oscar is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OScar CIN: 40203104027 , Latvia, Deadpooled | Nov 07, 2017 | €0 - €1M (As on Dec 31, 2018) | 1 (As on Dec 31, 2018) | - |
OSCAR HEALTH, INC. CIN: 1568651 , United States, Active | Oct 24, 2012 | $1B+ (As on Dec 31, 2025) | 2400 (As on Dec 31, 2023) | - |
Oscar Health, Inc CIN: 46-1315570 , United States, Active | Dec 31, 2011 | - | 2621 (As on Dec 31, 2021) | - |
Wolters Kluwer Health, Inc. CIN: 849879 , United States, Active | Dec 31, 2011 | - | 2621 (As on Dec 31, 2021) | - |
Oscar's IPO details
Oscar got listed on Mar 03, 2021.
Click here to take a look at Oscar's IPO in detail
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Oscar's funding and investors
Oscar has raised a total funding of $1.63B over 10 rounds. Its first funding round was on Jul 18, 2013. Its latest funding round was a Series D round on Dec 17, 2020 for $140M. 8 investors participated in its latest round. Oscar has 45 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Oscar:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 17, 2020 | $140M | Series D | - | - | ||
Jun 26, 2020 | $225M | Series D | - | - | ||
Aug 14, 2018 | $375M | Series D | $3B | - | - |
View details of Oscar's funding rounds and investors
Oscar's founders and board of directors
Founder? Claim ProfileHere are the details of Oscar's key team members:
- Kevin Nazemi: Former Co-Founder of Oscar and founder of 2 other companies, Digital Transformation Opportunities and Done.com. They are also an angel investor in 2 startups.
- Mario Schlosser: Co-founder and Advisor to the CEO of Oscar and founder of 1 other company. They are also an angel investor in 2 startups.
- Joshua Kushner: Co-Founder & Director of Oscar.
View details of Oscar's Founder profiles and Board Members
Oscar's employee count trend
Oscar has 2,883 employees as of Aug 26. Here is Oscar's employee count trend over the years:
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Oscar's Competitors and alternates
Top competitors of Oscar include Hinge Health, Sharecare and Wellhub. Here is the list of Top 10 competitors of Oscar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 84/100 | |
2nd | Oscar 2012, New York City (United States), Public | Provider of health insurance plans offering virtual and in-person medical care | $1.63B | 81/100 | |
3rd | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 78/100 | |
4th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 75/100 | |
5th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
6th | Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
7th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
8th | Healthee 2021, New York City (United States), Series B | AI-powered health benefits application for healthcare services | $84M | 72/100 | |
9th | CollectiveHealth 2013, San Francisco (United States), Series F | Cloud-based self-insurance platform for employers to sponsor their employees | $714M | 72/100 | |
10th | Angle 2019, San Francisco (United States), Series B | Provider of technology-enabled health insurance plans for employers and employees | $196M | 71/100 |
Looking for more details on Oscar's competitors? Click here to see the top ones
Oscar's Investments and acquisitions
Oscar has a total of 1 investment in StretchDollar. Oscar has not made any acquisitions as of now.Reports related to Oscar
Here is the latest report on Oscar's sector:
News related to Oscar
Media has covered Oscar for a total of 28 events in the last 1 year, 19 of them have been about company updates and 1 about partnerships.
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Oscar Health: Investor Day Offered New TAM Forecast Which Is Bullish, If Smoothly ExecutedSeeking Alpha•Sep 23, 2026•Oscar
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Oscar Health Announces Thrive Capital’s Completion of Oscar Health Common Stock Distribution to its Limited PartnersBusiness Wire•Sep 19, 2026•Oscar
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Oscar Health GAAP EPS of $1.10 beats by $0.69, revenue of $4.88B beats by $130M (OSCR:NYSE)Seeking Alpha•Aug 06, 2026•Oscar
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Oscar Health Announces Record Financial Results for First Half 2026 and Raises Full Year 2026 OutlookBusiness Wire•Aug 06, 2026•Oscar
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Assessing Oscar Health (OSCR) Valuation After CMS Fee Cuts And Strong First Quarter GrowthYahoo•May 22, 2026•Oscar
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Oscar Health Announces Strong Financial Results for First Quarter 2026 And Reaffirms 2026 GuidanceBusiness Wire•May 06, 2026•Oscar
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Oscar Health, Inc. Appoints Director Siddhartha Sankaran as Independent Chair of the BoardBusiness Wire•Apr 21, 2026•Oscar
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Vanguard Group Inc. Acquires 423,184 Shares of Oscar Health, Inc. $OSCRMarketBeat•Feb 27, 2026•Oscar, Vanguard, Applied Digital
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Oscar Health Announces Financial Results for Fourth Quarter and Full-Year 2025Business Wire•Feb 10, 2026•Oscar
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State of Michigan Retirement System Makes New Investment in Oscar HealthMarketBeat•Feb 08, 2026•Oscar, State of Michigan
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