Connecture

company

About

ConnectureDRX provides web-based sales, service, and process automation solutions to the health insurance industry.

  • 101 - 250

Details

Last Funding Type
Series B
Last Funding Money Raised
$26M
Industries
Health Insurance,Software
Founded date
Jan 1, 1999
Number Of Employee
101 - 250
Operating Status
Active

Connecture, Inc. provides Web-based sales, service, and process automation solutions to the private Medicare insurance industry, including Medicare Advantage and Prescription Drug Plans. The company offers the PlanCompare and DrugCompare product suites, via SaaS installations for Medicare carriers and PBMs. It also provides on-site software installation and integration, and managed hosting solutions, as well as customer support services for health insurance companies. Connecture, Inc. divested its non-Medicare insurance products and now focuses exclusively on Medicare insurers and PBMs, originally served by acquired company DRX. The company was acquired by Harris Computer Systems in October, 2019 and is headquartered in Milwaukee, Wisconsin.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$42.44M
Connecture has raised a total of $42.44M in funding over 2 rounds. Their latest funding was raised on Jun 3, 2005 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 3, 2005 Series D $3.50M 1 Detail
Mar 26, 2004 Series Unknown $6M 1 Detail
Dec 20, 2002 Series C $2.94M 1 Detail
Jun 2, 2000 Series B $26M 1 Detail
Feb 28, 2000 Series Unknown $2M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Connecture is funded by 1 investors. LiveOak Equity Partners are the most recent investors.
Investor Name Lead Investor Funding Round
LiveOak Equity Partners Series D