Oscar Insurance has raised $165 million in a new round of funding led by San Francisco venture capital firm Founders Fund. According to the firm's blog post, other investors included 8VC, Verily Life Sciences, Fidelity, General Catalyst, Capital G, Khosla Ventures, and Thrive Capital.

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.