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Google Capital has invested $32.5 million in Oscar, a health insurance startup, The Wall Street Journal reports.

The new funding values Oscar, which had in April raised $145 million at a $1.5 billion valuation, at $1.75 billion.

Oscar was founded a few years ago but launched publicly in July 2013.

Image: Oscar CEO and co-founder Mario Schlosser, co-founders Kevin Nazemi and Joshua Kushner.