Initial Public Offering
Get ready to trade itOscar Health Insurance Co
Oscar Health Trading - Oscar Health Live Price & Charts at CAPEX.com
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General info on Oscar Health Insurance
About the company
Name
Oscar Health Insurance
Industry
Health Insurance
Employees
1001-5000
Founding year
2012
Ticker
Oscar Health Insurance
Filing Information
IPO file date
22/02/2021
No. of shares
31,000,000
Price
$32-$34
Exchange
New York Stock Exchange
Bookrunners
Goldman Sachs, Morgan Stanley, Allen & Co, Wells Fargo
Who is Oscar Health Insurance?
Founded in 2012, Oscar is a technology-driven health insurance company that focuses on telemedicine, healthcare, and transparent claims pricing systems for patients. Oscar Health Insurance is headquartered in New York.
Oscar Health Insurance IPO statistics
The company is looking to raise about $1.05 billion through its initial public offering. The price range implies a market cap of $7.05 billion to $8 billion.
What is Oscar Health valuation?
Oscar was valued at $3.2 billion in a funding round in early 2019. Google parent company, Alphabet Inc., is its biggest shareholder with about an 18% pre-IPO ownership stake.
Basic info about Oscar Health
- Mario Schlosser, Josh Kushner, and Kevin Nazemi – classmates at Harvard Business School – founded the company. Kushner is a brother of former White House adviser Jared Kushner, son-in-law of the previous U.S. president.
- Oscar is now the third-largest for-profit national insurer in the Individual market in the United States based on membership.
- Oscar Health is funded by 28 investors. Fidelity and Alphabet are amongst its biggest investors with $400 million and $375 million, respectively.
Sources: marketwatch.com, crunchbase.com, sec.gov
Summary
Ticker
OSCR
Price
$32-$34
Exchange
New York Stock Exchange
Bookrunners
Goldman Sachs, Morgan Stanley, Allen & Co, Wells Fargo
Key Points
Get a quick overview of the essential figures for Oscar Health Insurance IPOOscar Health Insurance
Total number of members (as of Jan 31st, 2021)
529K
Direct policy premiums (at Dec 31st, 2020)
$2.3B
Subscribing members who are monthly active users (as of Dec 31st, 2020)
47%
Oscar Health Insurance Trading online at CAPEX.com. Trade Oscar Health Insurance CFDs with live News, Price & Analysis Charts and quotes.
Sneak peek Oscar Health Insurance IPO Sneak peek
See why traders seek and cherish IPOs
Status:
Available
IPO Date:
03/03/2021
Price
$32-$34
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