Josh Kushner-Backed Oscar Health Files Confidentially for IPO

  • Health insurer was valued previously at $3.2 billion
  • Investors include Coatue, Baillie Gifford, Khosla and Alphabet
Photographer: Kholood Eid/Bloomberg
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Oscar, the health insurance startup co-founded by Josh Kushner, said it has filed confidentially for an initial public offering.

The New York-based company, led by Chief Executive Officer Mario Schlosser, said in a statementBloomberg Terminal Monday that had submitted its draft registration for an IPO to the U.S. Securities and Exchange Commission. Mulberry Health Inc., which does business as Oscar, said it hasn’t determined the size or price range of the offering.