Gunderson Dettmer acted as counsel to Oscar in its recent $375 million financing by CapitalG, the late-stage growth venture capital fund financed by Alphabet Inc.
Oscar co-founder and CEO Mario Schlosser announced the news in an interview with Wired, telling the site, “We can hire more engineers, we can hire more data scientists, more product designers, more smart clinicians who can think about health care a different way. It’s the acceleration of that product roadmap that fascinates us the most. The second, more tangible piece, is that we’re launching new product lines.”
Oscar is a technology-driven, consumer-focused health insurer that makes it easier for patients to access and choose quality, affordable care.