$140 million in its latest funding round—trailing its $225 million haul just five months ago. For context, Oscar offers health insurance plans in 18 states and 286 counties across the US, which include individual, family, small group, and Medicare Advantage offerings.Oscar has been rapidly scaling its tech-focused health insurance business over the past year—and we're doubling down on our earlier prediction that it's gearing up to make a public debut.
Given its latest funding round of funding, growing consumer base, and plans to further broaden its footprint, the insurtech could be preparing to file for an IPO. Oscar has a $2 billion revenue base this year, and it predicts continued growth—signaling to investors that it may have enough demonstrable cash flow to prepare for a public offering. Further, prior to an IPO, companies will often