When was Connecture founded?

Connecture was founded in 1997 and raised its 1st funding round 2 years after it was founded.

Where is Connecture located?

Connecture is headquartered in Brookfield, United States.

How many employees does Connecture have?

As of Sep 30, 2026, the latest employee count at Connecture is 173.

Is Connecture a funded company?

Connecture is a funded company, having raised a total of $72.2M across 11 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Nov 18, 1999.

When was the latest funding round of Connecture?

Connecture's latest funding was a $***** Post IPO round on Mar 14, 2017, with participation from 1 investor.

What is the annual revenue of Connecture?

Annual revenue of Connecture is between $50M and $100M as on Dec 31, 2017

Where does Connecture rank among its competitors?

Connecture ranks 35th amongst 1020 active competitors, of which 144 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was FurtherAI, which secured $30M in Oct, 2025.

Who are the top competitors of Connecture?

Connecture's top competitors include HealthEdge, Novotech and FintechOS. Among them, FurtherAI secured the most recent funding round in October, 2025.

Connecture - 2026 Company Profile, Funding, Competitors & Financials

Connecture is an acquired company based in Brookfield (United States), founded in 1997. It operates as a Provider of a web based solutions for health insurers. Connecture has raised $72.2M in funding from investors like LiveOak Venture Partners, Atlanta Technology Angels and Chrysalis Ventures. The company has 1020 active competitors, including 144 funded and 144 that have exited. Its top competitors include companies like HealthEdge, Novotech and FintechOS.

Company Details

Connecture delivers solutions to integrate web-based sales, service, and process automation to the health insurance industry. The company has developed a platform with all aspects of insurance distribution. It tracks regulatory shifts, adjusts their technologies to ensure compliance, and consult their customers through the changes. The company has developed solutions like DatabaseRX for lower-cost medications, DrugCompare, BROKERLINK, Medicare Edge and more.

Website: connecture.com
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Key Metrics

Founded Year

1997

Location

Brookfield, United States

Stage

Acquired

Total Funding

$72.2M in 11 rounds

Latest Funding Round

Post IPO, Mar 14, 2017, $*****

Investors

LiveOak Venture Partners & 12 more

Ranked

35^th among 1020 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2017

Employee Count

173 as on Sep 30, 2026

Investment & Acquisitions

ConnectedHealth & 3 more

Similar Companies

HealthEdge & 130 more

Exit Details

Acquired by Harris Computer (Oct 07, 2019)

View Connecture's full profile

Connecture is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CONNECTURE INC CIN: 1211759 , United States, Active	Jul 29, 1999	$50M - $100M (As on Dec 31, 2017)	-	-

Connecture got acquired by Harris Computer on Oct 07, 2019.

Click here to take a look at Connecture's acquisition in detail

Connecture has raised a total funding of $72.2M over 11 rounds. Its first funding round was on Nov 18, 1999. Its latest funding round was a Post IPO round on Mar 14, 2017 for $*****. 1 investor participated in its latest round. Connecture has 13 institutional investors.

Here is the list of recent funding rounds of Connecture:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 14, 2017	3429484	Post IPO	7732234	3954063	7656404	2107635
May 02, 2016	1900157	Post IPO	7798964	1959249	3790752	Francisco Partners & 1 more
Aug 16, 2012	3524607	Series C	7885266	4000205	Great Point Partners	Chrysalis Ventures

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View details of Connecture's funding rounds and investors

Connecture's employee count trend

Connecture has 173 employees as of Sep 26. Here is Connecture's employee count trend over the years:

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Top competitors of Connecture include HealthEdge, Novotech and FintechOS. Here is the list of Top 10 competitors of Connecture, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HealthEdge 2004, Burlington (United States), Acquired	Provider of a suite solutions for healthcare payer	$108M	Psilos Group, Golub Growth & 7 others	74/100
2nd	Novotech 2002, Sydney (Australia), Acquired	Provider of clinical research services across all trial phases and therapeutic areas	$255M	GIC, Sequoia Capital & 5 others	68/100
3rd	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Cipio Partners & 12 others	68/100
4th	Bestow 2016, Dallas (United States), Series D	Developer of life insurance new business and administration software platform solutions	$216M	Valar Ventures, Goldman Sachs & 11 others	68/100
5th	iPipeline 1995, Exton (United States), Acquired	Cloud-based software suite for life insurance and financial services industry	$104M	TCV, Fidelity Ventures & 3 others	66/100
6th	Tinubu 2000, Moulineaux (France), Series D	Cloud-based software solutions for credit insurers, surety bonds & trade finance	$147M	Bpifrance, Long Arc Capital & 6 others	65/100
7th	Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired	Software solutions for life insurance and wealth management	$28.4M	Ironbridge, Herald Investment Management	64/100
8th	FurtherAI 2023, San Francisco (United States), Series A	AI-powered automation platform for insurance industry tasks	$35.6M	Nexus Venture Partners, Andreessen Horowitz ... & 7 others	64/100
9th	Change Healthcare 2007, Nashville (United States), Acquired	Cloud-based suite solution for payers, providers and patients	$36M	Mitsui Global Investment, BVF & 14 others	64/100
10th	Concert AI 2018, Boston (United States), Series C	Provider of AI and real-world data solutions for life sciences	$300M	Sixth Street, Declaration Partners & 4 others	64/100
35th	Connecture 1997, Brookfield (United States), Acquired	Provider of a web based solutions for health insurers	$72.2M	SSM Partners, Francisco Partners & 11 others	58/100

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Connecture has not made any investments yet. Connecture has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 07, 2016	Acquisition	ConnectedHealth	2010	Singapore (Singapore)
Jun 07, 2016	Acquisition	ConnectedHealth	2009	Chicago (United States)
Jan 17, 2013	Acquisition	DestinationRx	1999	Los Angeles (United States)