According to Reuters, privately held health insurer Oscar has secured $145 million in new funding. The round was led by Peter Thiel and Brian Singerman of the Founders Fund. Other investors in the latest round of funding include Wellington Management Company and Goldman Sachs, which are making initial investments. Li Ka-shing of Horizon Ventures also participated.

Oscar is a new kind of health insurance company that is using technology to make insurance simple, intuitive, and human. In other words, the kind of healthcare we want for ourselves.