WORK - VC Deals: Alphabet Backs $225M In Health Insurance Platform
Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Friday afternoons.
- Alphabet ([[GOOG]],]]GOOGL]]) took part in the $225M round for direct-to-consumer health insurer Oscar. The company offers services in 15 states and has over 420,000 members in individual, Medicare Advantage, and small group plans. The participation of Baillie Gifford and Coatue in the funding suggests that Oscar could go public in the near future.
- Salesforce (CRM) invested about $100M in security software provider Tanium, bringing total funding up