Connecture

Connecture

Provides web-based sales, service, and process automation solutions to the health insurance industry. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD109—164m (Dealroom.co estimates Aug 2012.)
Milwaukee Wisconsin (HQ)
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DateInvestorsAmountRound
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N/A

-
N/A

$2.0m

Seed
N/A

$2.0m

Early VC
N/A

$26.0m

Series B

$2.9m

Series C

$6.0m

Early VC

$3.5m

Series D

$20.0m

Early VC
N/A

N/A

IPO

$52.0m

Post IPO Equity

$17.5m

Post IPO Equity

N/A

Acquisition
Total FundingCAD85.1m

Recent News about Connecture

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More about Connectureinfo icon
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ConnectureDRX specializes in digital solutions for Medicare shopping, quoting, enrollment, and retention. The company serves a wide range of clients including health insurance carriers, Field Marketing Organizations (FMOs), brokers, and call centers. Operating in the healthcare technology market, ConnectureDRX simplifies the process of finding and enrolling in Medicare plans through its comprehensive digital platform. The business model revolves around providing a seamless digital experience for consumers, featuring reliable drug pricing and out-of-pocket cost estimates. This helps consumers make better decisions and improves member satisfaction and retention. ConnectureDRX makes money by offering its technology solutions to health insurance carriers and brokers, who use the platform to enhance their service offerings and streamline operations. Key features include multi-channel automation, secure online enrollment, and tools for managing business relationships. The company has been delivering compliant solutions for nearly two decades and supports 9 of the top 10 U.S. health insurance carriers, more than 50 national and regional FMOs, and over 4,600 brokers.

Keywords: Medicare, digital solutions, drug pricing, health plans, automation, enrollment, retention, healthcare technology, brokers, carriers.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.