About ConnectiCare
ConnectiCare is a company based in Farmington (United States) founded in 1981 was acquired by Molina Healthcare in July 2024.. ConnectiCare has completed 1 acquisition, including AmeriHealth. ConnectiCare offers products and services including Health Insurance Plans and Medicare Advantage Plans.
- Headquarter Farmington, United States
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Phone
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Website
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Social
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- Legal Name Connecticare, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Molina Healthcare
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of ConnectiCare
ConnectiCare offers a comprehensive portfolio of products and services, including Health Insurance Plans and Medicare Advantage Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Health insurance plans are provided for individuals and families to cover medical needs
Medicare Advantage plans are offered to meet various needs and budgets without requiring referrals for specialists
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Funding Insights of ConnectiCare
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2001 | Amount | Series A - ConnectiCare | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 ConnectiCare
ConnectiCare has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Molina Healthcare, The Carlyle Group and EmblemHealth. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Operates as a health insurance provider.
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Founded Year | Domain | Location | |
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Health care services are provided via state government contracts.
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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 ConnectiCare
ConnectiCare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AmeriHealth. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Health insurance brokerage services are provided nationwide by AmeriHealth.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ConnectiCare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Connecticare Comparisons
Competitors of ConnectiCare
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 ConnectiCare
When was ConnectiCare founded?
ConnectiCare was founded in 1981 and raised its 1st funding round 20 years after it was founded.
Where is ConnectiCare located?
ConnectiCare is headquartered in Farmington, United States.
What does ConnectiCare do?
Provider of health insurance plans and related services. It offers individual and family plans, Medicare Advantage and Supplement plans, and participation in state-sponsored programs. The company provides access to a network of healthcare providers, including doctors, dentists, and specialists. Additional services encompass pharmacy benefits management, member resources such as cost calculators and plan documents, and in-person support at various centers. It also offers wellness programs and resources.
What products or services does ConnectiCare offer?
ConnectiCare offers Health Insurance Plans and Medicare Advantage Plans.
How many acquisitions has ConnectiCare made?
ConnectiCare has made 1 acquisition, including AmeriHealth.
Who are ConnectiCare's investors?
ConnectiCare has 3 investors. Key investors include Molina Healthcare, The Carlyle Group, and EmblemHealth.