Oscar Health Nabs Another $30 Million for Insurance

Oscar Health, the New York-based insurance provider founded by people from the tech world, has gotten $30 million in funding, led by Founders Fund, at a $340 million valuation, it said today. While the company hasn’t disclosed how many subscribers it has, we’re talking small numbers so far; according to the New York health exchange (part of the technologically troubled Obamacare network), about 500,000 people completed applications before the end of December, with about half enrolling in any health plan, where Oscar was an option.

This article originally appeared on Recode.net.