The round was led by Tiger Global Management, LLC, with participation from Dragoneer, Baillie Gifford, Coatue, Founders Fund, Khosla, Lakestar and Reinvent. The financing comes as Oscar continues to experience significant growth, seeing a 74% increase in direct policy premiums over the past three years.

Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving its members. At Oscar, our mission is to make a healthier life accessible and affordable for all.

Headquartered in New York City, Oscar has been challenging the health care system's status quo since our founding in 2012. The company's member-first philosophy and innovative approach to care has earned us the trust of more than 420,000 Americans across 211 counties. We offer Individual & Family, Small Group and Medicare Advantage plans. Our members benefit from 24/7 telemedicine visits at no additional cost, integrated direct scheduling with providers through our innovative app, a network of first-rate physicians and hospitals, as well as a personalized Care Team that supports members every step of the way, from finding a doctor to navigating costs. We create experiences that reflect the kind of health care company we would want for ourselves-one that behaves like a doctor in the family, helping us navigate the health care system in our moments of greatest need.