About ConnectureDRX
ConnectureDRX is a Healthcare company based in Los Angeles (United States) founded in 1999, and was acquired by Connecture in January 2013. Web-based prescription drug and Medicare plan comparisons are provided. It operates on a SaaS (Software-as-a-Service) and Professional Services model. ConnectureDRX has raised $18.5 million across 1 funding round from investors including Connecture and Lemhi Ventures. ConnectureDRX has completed 1 acquisition, including Rxaminer. The company was acqui-hired. ConnectureDRX offers products and services including PlanCompare Edge, Active Analytics, Medicare Retention Suite, and Drug Savings Solutions. Its focus areas include Health Insurance and Medicare Technology. Its legal entity is Connecture Inc.
Company details
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.
- Total Equity Funding$18.5M (USD)
in 1 rounds
- Latest Funding Round$18.5M (USD), Series B
Feb 2008
- InvestorsConnecture
& 1 more
- Investments & Acquisitions
- Acquired byConnecture
(Jan 2013)
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.
Apps and channels of ConnectureDRX
its YouTube channel ConnectureDRX has 858 subscribers and 30 videos.
Videos from ConnectureDRX
The most watched videos on ConnectureDRX's YouTube channel, ConnectureDRX (858 subscribers). Click a video to play it here.
More on ConnectureDRX.
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.
- Total Funding $18.5M
- Total Rounds 1
- Last Round Series B — $18.5M
- First Round $18.5M
(Feb 2008)
- Investors Count 1
All 1 funding rounds of ConnectureDRX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2008 | $18.5M | Series B | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Venture capital investments are focused on healthcare system transformation. | 2006 | lemhiventures.com | ||
Web-based solutions for health insurance sales and automation are delivered. | 1997 | connecture.com | Brookfield, United States |
Investor details for ConnectureDRX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of ConnectureDRX
38 people are tracked at ConnectureDRX (17 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
Erica Low | VP of Operations | Leadership |
Sharon Poturica | VP, Product & Compliance | Leadership |
Kyle Ostendorf | Director Customer Success - Hosted Multicarrier | Leadership |
Andrew Tutaj | VP, Strategic Development | Leadership |
Mike Desisto | VP Technology | Leadership |
Amanda Heck | Vice President Enterprise Growth | Leadership |
Susan Plumer | Chief Growth Officer | Leadership |
Sylvester Jennings | Director Of Information Technology | Leadership |
Marta Cortes | Director, Strategic Accounts | Leadership |
Arthur Tu | Senior Director Of Product Management | Leadership |
Janie Kim | Clinical Director | Leadership |
Doug Rasmussen | Vice President, Business Development | Leadership |
Valerie Gonzalez Gerot | Vice President, Account Management | Leadership |
Jayden Kim | Director Of Business Operations | Leadership |
Brandon Manbeck | Senior Director, Strategic Accounts | Leadership |
Jason Schmittgens | Senior Director, Strategic Accounts | Leadership |
Tori Call | Vice President, Enterprise Accounts | Leadership |
Mike Mieure | AVP, Technology | Team |
Joseph Kwan | Data Team Lead | Team |
Grant Hoffman | EVP, ConnectureDRX | Team |
18 more people are available in the full profile.
Complete people profiles for ConnectureDRX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by ConnectureDRX
ConnectureDRX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rxaminer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-driven platform is utilized for pharmaceutical data analysis and insights. | rxaminer.com | 0 | May 2006 | •••• |
Complete acquisition details for ConnectureDRX
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Verified entity values are shown only after access is granted.
Timeline of ConnectureDRX
4 dated milestones of ConnectureDRX across 14 years, from founding to its latest funding, stage changes and deals.
- Founded ConnectureDRX is founded.
- Acquisition Acquires Rxaminer.
- Funding First funding round of $18.5M.
- Exit Acquired by Connecture.
Web traffic of ConnectureDRX
Websites that share an audience with ConnectureDRX (drx.com).
Websites whose visitors overlap most with ConnectureDRX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| healthgrades.com | 100% | 8.4M | #10,583 | View details | |
| pharmacychecker.com | 98% | 147.7K | #271,364 | View details | |
| consumerreports.org | 98% | 11.9M | #4,441 | View details | |
| rxlist.com | 97% | 773.1K | #74,626 | View details | |
pillbot.com | pillbot.com | 96% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for ConnectureDRX
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as ConnectureDRX (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about 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. The company's 1st funding round was a Series B of $18.5M, raised on Feb 2008.
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.
ConnectureDRX operates through Connecture Inc..
Yes. ConnectureDRX was acquired by Connecture in January 2013.