Oscar Health Said in Funding Talks at More Than $1 Billion Value

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Oscar Health Insurance is in talks to raise venture capital funding at a valuation of significantly more than $1 billion, according to people with knowledge of the matter.

The people, who asked not to be named because the deal hasn’t been publicly disclosed, declined to say exactly how much the startup was raising. In May 2014, New York-based Oscar completed an $80 million investment round.