About Connected Health
Connected Health is a company based in Chicago (United States) founded in 2009 was acquired by Connecture in June 2016.. Connected Health has raised $8.36 million across 4 funding rounds from investors including Connecture and Get2Volume. The company has 97 employees as of December 31, 2022. Connected Health operates in a competitive market with competitors including Bennie, eHealth, Clair, Nayya and Plum, among others.
- Headquarter Chicago, United States
- Employees 97 as on 31 Dec, 2022
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Sectors
Financial ServicesTechnology Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Connected Health Care, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.36 M (USD)
in 4 rounds
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Latest Funding Round
$1.5 M (USD), Series A
Nov 20, 2014
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Investors
Connecture
& 1 more
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Employee Count
97
as on Dec 31, 2022
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Acquired by
Connecture
(Jun 07, 2016)
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Funding Insights of Connected Health
Connected Health has successfully raised a total of $8.36M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in November 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $1.5M
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First Round
First Round
(03 Dec 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Series A - Connected Health | Valuation |
investors |
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| Feb, 2013 | Amount | Series A - Connected Health | Valuation |
investors |
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| Feb, 2013 | Amount | Series A - Connected Health | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Connected Health
Connected Health has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Connecture and Get2Volume. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Web-based solutions for health insurance sales and automation are delivered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Connected Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Connected Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connected Health Comparisons
Competitors of Connected Health
Connected Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bennie, eHealth, Clair, Nayya and Plum, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Employee health benefits are managed via an HR broker platform.
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| domain | founded_year | HQ Location |
Online health insurance comparison platform for individuals and small businesses
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| domain | founded_year | HQ Location |
Embedded Earned Wage Access solutions are provided for HR platforms.
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| domain | founded_year | HQ Location |
Cloud based benefit marketplace for employees
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| domain | founded_year | HQ Location |
Employee health benefits and insurance solutions are provided by Plum.
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| domain | founded_year | HQ Location |
An online healthcare pricing guide
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Connected Health
When was Connected Health founded?
Connected Health was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Connected Health located?
Connected Health is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Connected Health a funded company?
Connected Health is a funded company, having raised a total of $8.36M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.33M, raised on Dec 03, 2012.
How many employees does Connected Health have?
As of Dec 31, 2022, the latest employee count at Connected Health is 97.
What does Connected Health do?
ConnectedHealth offers an online private exchange and benefit shopping platform for employees to choose their health insurance. The companys proprietary Smart Choices Marketplace platform provides a library of consumer-oriented health and life insurance information, and customer support content; and a personalized recommendation engine. The company also offers consumer guidance and support and reporting services. Serves employers, health plans, administrators, and broker clients. The company has a strategic partnership with Geneia. Received Hermes Creative Award 2012, The Communicator Award 2012, Web Health Award 2013 and 2014, IHC Superstar Award 2013 and 2014. Was acquired by Connecture in June, 2016.
Who are the top competitors of Connected Health?
Who are Connected Health's investors?
Connected Health has 2 investors. Key investors include Connecture, and Get2Volume.