About Connecture
Connecture is a company based in Brookfield (United States) founded in 1997 was acquired by Harris Computer in October 2019. Connecture has raised $72.16 million across 11 funding rounds from investors including Francisco Partners, Harris Computer and Atlanta Technology Angels. Connecture has completed 4 acquisitions, including Conn Health, Connected Health and ConnectureDRX. Connecture offers products and services including Active Analytics Platform, APIs, BrokerLink, Medicare Retention Suite, and PlanCompare ONE. Connecture operates in a competitive market with competitors including Change Healthcare, HealthEdge, Innovaccer, Zelis Healthcare and Alegeus, among others.
- Headquarter Brookfield, United States
- Stage Public
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Sectors
Financial ServicesHealthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Connecture Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$72.16 M (USD)
in 11 rounds
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Latest Funding Round
$17.5 M (USD), Post-IPO
Mar 14, 2017
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Investors
Francisco Partners
& 9 more
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Employee Count
Not available
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Investments & Acquisitions
Conn Health
& 3 more
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Acquired by
Harris Computer
(Oct 07, 2019)
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Products & Services of Connecture
Connecture offers a comprehensive portfolio of products and services, including Active Analytics Platform, APIs, BrokerLink, Medicare Retention Suite, and PlanCompare ONE.
Platform for real-time Medicare data insights and member outreach.
Tools for seamless Medicare quoting and enrollment integration.
System connecting agents, plans, and beneficiaries for enrollment.
Suite for engaging at-risk members and improving retention rates.
Platform for Medicare plan comparison and enrollment.
People of Connecture
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Funding Insights of Connecture
Connecture has successfully raised a total of $72.16M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $17.5 million completed in March 2017. 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.
Investors in Connecture
Connecture has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Francisco Partners, Harris Computer and Atlanta Technology Angels.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm focused on technology sector
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VC firm making investment in early & growth stage healthcare & tech companies in the US
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Private equity firm focused on company buyouts
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Investor details for Connecture
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Investments & Acquisitions by Connecture
Connecture has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Conn Health, Connected Health and ConnectureDRX.
Investment portfolio details for Connecture
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Remote health monitoring solution
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Locked | Locked | 2010 | Locked | |
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An online marketplace for employee health benefits selection is operated.
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Locked | Locked | 2009 | Locked | |
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Web-based prescription drug and Medicare plan comparisons are provided.
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Locked | Locked | 1999 | Locked |
Complete acquisition details for Connecture
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Financial Statements - Connecture
Detailed financials for Connecture
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Connecture Comparisons
Peer comparison for Connecture
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Competitors of Connecture
Connecture 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 Change Healthcare, HealthEdge, Innovaccer, Zelis Healthcare and Alegeus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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Software solutions for healthcare payers are provided.
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Healthcare benefits are administered via tax-advantaged account platforms.
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SaaS-based suite solutions for payers are provided by HighRoads.
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Detailed competitors of Connecture
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Latest news on Connecture
Complete news archive for Connecture
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Frequently Asked Questions about Connecture
Connecture was founded in 1997 and raised its 1st funding round 2 years after it was founded.
Connecture is headquartered in Brookfield, United States. It is registered at Brookfield, Wisconsin, United States.
Connecture is a funded company, having raised a total of $72.16M across 11 funding rounds to date.
Founded in 1997 and based in Brookfield, United States, solutions are provided by Connecture to the health insurance sector for integrating web-based sales, service, and process automation. A platform is offered that encompasses insurance distribution, with regulatory changes tracked and technologies adjusted for compliance. Customers are consulted during transitions, and specific tools such as DatabaseRX for cost-effective medications, DrugCompare, BROKERLINK, and Medicare Edge are developed.
Connecture's top competitors include Change Healthcare, HealthEdge and Innovaccer.
Connecture offers Active Analytics Platform, APIs, BrokerLink, Medicare Retention Suite, and PlanCompare ONE.
Connecture has made 4 acquisitions, including Conn Health, Connected Health, and ConnectureDRX.
Connecture has 10 investors. Key investors include Francisco Partners, Harris Computer, Atlanta Technology Angels, Chrysalis Ventures, and Great Point Partners.