About ConnectureDRX
ConnectureDRX is a company based in Los Angeles (United States) founded in 1999 was acquired by Connecture in January 2013. It operates as a SaaS (Software-as-a-Service) and Professional Services. ConnectureDRX has raised $18.5 million across 1 funding round from investors including Connecture and Lemhi Ventures. ConnectureDRX has completed 1 acquisition, including Rxaminer. ConnectureDRX offers products and services including PlanCompare Edge, Active Analytics, Medicare Retention Suite, and Drug Savings Solutions.
- Headquarter Los Angeles, United States
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Sectors
Healthcare
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Email
Locked
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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
$18.5 M (USD)
in 1 rounds
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Latest Funding Round
$18.5 M (USD), Series B
Feb 01, 2008
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Investors
Connecture
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Connecture
(Jan 17, 2013)
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Products & Services of ConnectureDRX
ConnectureDRX offers a comprehensive portfolio of products and services, including PlanCompare Edge, Active Analytics, Medicare Retention Suite, and Drug Savings Solutions.
Software for Medicare shopping and enrollment is provided.
Real-time data insights for member outreach are delivered.
Personalized experiences for at-risk members are offered here.
Drug cost comparison tools for members are provided.
People of ConnectureDRX
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Funding Insights of ConnectureDRX
ConnectureDRX has successfully raised a total of $18.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $18.5 million completed in February 2008. 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 ConnectureDRX
ConnectureDRX has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Connecture and Lemhi Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are focused on healthcare system transformation.
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Locked | Locked | Locked | |
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Web-based solutions for health insurance sales and automation are delivered.
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Locked | Locked | Locked |
Investor details for ConnectureDRX
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Investments & Acquisitions by ConnectureDRX
ConnectureDRX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rxaminer.
Investment portfolio details for ConnectureDRX
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-driven platform is utilized for pharmaceutical data analysis and insights.
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Locked | Locked | 0 | Locked |
Complete acquisition details for ConnectureDRX
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Financial Statements - ConnectureDRX
Detailed financials for ConnectureDRX
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Connecturedrx Comparisons
Peer comparison for ConnectureDRX
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Competitors of ConnectureDRX
Detailed competitors of ConnectureDRX
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Latest news on Connecturedrx
Complete news archive for ConnectureDRX
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Frequently Asked Questions about ConnectureDRX
ConnectureDRX was founded in 1999 and raised its 1st funding round 9 years after it was founded.
ConnectureDRX is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
ConnectureDRX is a funded company, having raised a total of $18.5M across 1 funding round to date.
ConnectureDRX is established as a market leader in Medicare shopping, quoting, enrollment, and member retention solutions. The company operates within the healthcare sector, focusing on Medicare technology. A range of solutions including PlanCompare Edge, Active Analytics, Medicare Retention Suite, and Drug Savings Solutions are provided. These tools are designed to support health plans, FMOs, agencies, and individual agents. Seamless and personalized member experiences are delivered through innovative and compliant platforms. Support is extended to all Medicare plan types, including MA, MAPD, MedSupp, PDP, and ancillary products. Over 160 health insurance carriers and 125,000 agents are served by the platforms.
ConnectureDRX offers PlanCompare Edge, Active Analytics, Medicare Retention Suite, and Drug Savings Solutions.
ConnectureDRX has made 1 acquisition, including Rxaminer.
ConnectureDRX has 2 investors. Key investors include Connecture, and Lemhi Ventures.