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Google Capital makes a $32.5M bet on smart health insurance company Oscar

Google Capital has made a $32.5 million investment in the online health insurer and doctor finder Oscar, bringing the startup’s funding total up to $352.5 million at a valuation of $1.75 billion.

The investment comes not too long after Oscar took a monster $145 million funding round in April, at which time the company’s valuation was $1.5 billion.

Oscar does business only in New York and New Jersey, but has racked up 40,000 customers in those states, according to the Wall Street Journal‘s story on the funding announcement. The company has said it plans to offer its health plans to customers in Texas and California in early 2016.

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Google Capital makes a $32.5M bet on smart health insurance company Oscar | VentureBeat | Deals | by Mark Sullivan.