In recent years, more and more startups have worked to disrupt traditional industries by leveraging technology and big data. Oscar was founded in 2012 to improve health insurance, and today it received a $375 million investment from Alphabet.
CapitalG Stories August 14
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While GV — formerly Google Ventures — is Alphabet’s more well-known venture capital arm, the parent company also runs a fund aimed at late-stage growth companies. Google Capital is now being renamed as CapitalG, with the new site revealing a previously unknown investment in the makers of Snapchat.