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Connecture

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uuid0004rue

Namestring
Connecture
Legal namestring
Connecture, Inc.
Company typeenum
Private
Founded yearint
1999
Descriptiontext

Connecture, Inc. (operating as ConnectureDRX) is a Milwaukee, Wisconsin-based healthcare technology company founded around 2000 that provides web-based shopping, quoting, enrollment, and retention infrastructure for the U.S. Medicare market. The platform serves health insurance carriers (Medicare Advantage, MAPD, PDP, MedSupp, and ancillary), Field Marketing Organizations, insurance agencies, and individual agents, with claimed coverage of 95%+ of the PDP and MA/MAPD markets and 80%+ of the MedSupp market across 160 carriers and 6,500 plans.

The company's core technology stack centers on three PlanCompare platforms (ONE for health plans and large FMOs, Edge for small/mid agencies, and Edge for Agents for individual subscribers), supplemented by the Brokerlink distribution network, Active Analytics for member insights, DatabaseRX/DrugCompare for drug pricing transparency, a Medicare Retention Suite, and time-tested APIs for embedded integration. The recently introduced MedicareCopilot (in partnership with HealthcareGPS) adds AI-driven plan matching and conversational data capture, while a June 2026 Powervox partnership extends the platform into enterprise voice AI.

Connecture generates revenue primarily through SaaS subscriptions, API licensing, and transaction-enabling agent commissions across enterprise, mid-market, and self-serve SMB segments, and operates as a privately held subsidiary of Harris Computer Systems / Constellation Software.

Short descriptiontext

ConnectureDRX provides web-based shopping, quoting, enrollment, and retention technology for the U.S. Medicare market, serving health plans, FMOs, agencies, and individual agents across 160 carriers and 125,000 agents.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersChicago, United States
HQ citystring
Chicago
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
Medicare enrollment software, health insurance technology, drug pricing comparison, insurance distribution platform, Medicare benefits marketplace
Industry2 codes
1Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs)
CodeFSAIAGAHPrimaryYes
2Pharmacy/Medication Management & Virtual MTM (Payer-Sponsored)
CodeHLALACAKPrimaryNo
NAICS code1 code
  • Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds524292
SIC code1 code
  • Insurance Agents, Brokers & Service6411
Product category
Medicare Insurance Technology
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model5 records
1SaaS Platform Subscriptions
TypeSubscription Recurring
Description

Subscription-based platform fees for PlanCompare ONE, PlanCompare Edge, and PlanCompare Edge for Agents. Plans are sold to health plans, FMOs, agencies, and individual agents with varying tiers based on features and scale.

connecture.com
2MedicareCopilot AI Platform
TypeSubscription Recurring
Description

AI-driven Medicare platform with 3-tiered pricing based on agent/agency needs. Includes smart plan matching, voice/photo/text data capture, automated CRM workflows, and AI-driven outreach for year-round engagement.

connecture.com
3Drug Savings Solutions
TypeSubscription Recurring
Description

DatabaseRX for health plans (therapeutic alternatives, price transparency, analytics) and DrugCompare for member self-service. Solutions can be purchased individually or in tandem.

connecture.com
4API Licensing
TypeLicensing Royalties
Description

API access licensing for health plans, PBMs, FMOs and other organizations requiring embedded Medicare shopping, quoting, enrollment and drug comparison capabilities on their own platforms.

connecture.com
5Agent Commissions
TypeTransaction Fee
Description

Platform enables agents to earn commissions from Medicare plan enrollments. MedSupp plans pay higher and more reliable commissions than PDPs, with steady commissions and high retention for long-term renewals.

connecture.com
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1MedicareCopilot 3-tiered pricing
ModelSubscriptionBilling cadenceMonthly
Notes

MedicareCopilot offers 3-tiered pricing based on agent/agency needs including AI-driven plan matching, CRM features, and outreach automation

connecture.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 8 records shown
1Brokerlink
Description

Digital network connecting health plans, FMOs and agencies, agents and beneficiaries for Medicare distribution.

connecture.com
+7 more records
Core offering1 text field

ConnectureDRX provides web-based Medicare shopping, quoting, enrollment, and retention software for health plans, Field Marketing Organizations (FMOs), insurance agencies, and individual agents. The platform supports Medicare Advantage, MAPD, Medicare Supplement, Prescription Drug Plans, and ancillary products, with accurate drug pricing, real-time analytics, member retention tools, and APIs that embed these capabilities into third-party systems.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 95%+ market share in PDP and MA/MAPD markets; 80%+ in MedSupp market
+5 more records
Product overview1 text field

ConnectureDRX is a platform-plus-modules architecture offering Medicare shopping, quoting, enrollment and retention solutions. The core products are PlanCompare ONE (for health plans, FMOs and large agencies), PlanCompare Edge (for small to mid-sized agencies), and PlanCompare Edge for Agents (for individual agents). These are supported by add-on modules including Medicare Retention Suite (retention and churn reduction), Brokerlink Network (distribution network connecting 120 agencies, 160 health plans, and 125K agents), Drug Savings Solutions (DatabaseRX for health plans and DrugCompare for members), Active Analytics (real-time member insights), and Ancillary Advantage (dental, vision, hearing, hospital indemnity). The platform also offers ConnectureDRX APIs for custom integrations and recently launched MedicareCopilot as an AI-driven alternative in partnership with HealthcareGPS.

Product and service9 records
1PlanCompare ONE
CategoryMedicare enrollment platform
Description

Enterprise platform enabling health plans, FMOs, and large agencies to shop, quote, enroll, and retain Medicare members. Supports MA, MAPD, PDP, MedSupp, and Ancillary plans with gold standard drug pricing, flexible API or hosted delivery, omni-channel support, and DocuSign enrollment integration.

2PlanCompare Edge
CategoryMedicare enrollment platform
Description

Plan comparison, quoting, and enrollment platform for small to mid-sized Medicare insurance agencies. Includes agent dashboard, notes & tasks, reports, training materials, enrollments, personalized quotes, scope of appointments, and CRM integrations with AgencyBloc, Medicare PRO I CRM, and RetireFlo.

3PlanCompare Edge for Agents
CategoryMedicare enrollment platform
Description

Self-serve subscription platform for individual Medicare agents offering 90+ carriers, personalized URLs and Super PURLs, RetireFlo survey bundle, CRM integration options (AgencyBloc, Medicare PRO I CRM), and Active Analytics included for AEP 2027.

4Brokerlink Network
CategoryInsurance distribution network
Description

Digital Medicare distribution network connecting health plans, FMOs, agencies, agents, and beneficiaries. Provides multi-carrier plan visibility, smooth quoting, electronic enrollment, daily data transmission, and an Insights Module with transactional, behavioral, and benchmarking data.

5Drug Savings Solutions
CategoryDrug pricing and analytics
Description

Drug pricing and cost transparency suite including DatabaseRX (therapeutic alternatives database, price transparency, and analytics engine for health plans) and DrugCompare (online member-facing drug comparison tool on health plan websites). All drug datasets clinically reviewed by physicians and pharmacists.

6Active Analytics
CategoryMember analytics platform
Description

Real-time member insights platform analyzing member personas and buying tendencies. Provides data-driven insights for targeted member outreach, identifies SNP-eligible opportunities, drug cost pressure analysis, enrollment growth tracking, and smarter sales prospecting.

7ConnectureDRX APIs
CategoryAPI product
Description

APIs enabling health plans, PBMs, FMOs, and other organizations to embed Medicare shopping, quoting, enrollment, and drug comparison capabilities into their own platforms. Supports MA, MAPD, PDP, MedSupp, and Ancillary plan types with monthly out-of-pocket cost estimates, dosage-specific pricing, and therapeutic drug alternatives.

8MedicareCopilot
CategoryAI-powered Medicare platform
Description

AI-driven Medicare platform in partnership with HealthcareGPS offering smart plan matching and built-in CRM. Captures drugs, providers, and client data via voice, photo, or text; auto-fills CRM from conversations and transcripts; provides AI-driven plan recommendations; and automates year-round outreach for engagement and renewals. Available in 3-tiered pricing.

9Medicare Retention Suite
CategoryMember retention platform
Description

Member retention platform with pre-loaded beneficiary data, three plan options, lower-cost alternatives, customized messaging, personalized shopping links, and custom landing pages. Addresses retiree transitions, switch prevention, age-in members, and plan changes/terminations.

Scale indicator19 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-17
Description

Strategic partnership to deliver enterprise voice AI across the Medicare distribution ecosystem. Combines ConnectureDRX's Medicare platform capabilities with Powervox's voice AI technology to enhance member engagement and enrollment processes.

Strategic tierMinorTypeGTM or Marketing Partner
Description

The Baldwin Group offers Active Analytics free to agents in their network, instantly showing which clients are impacted by upcoming changes and exactly who to reach out to.

Recent move1 record

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Direct competitor in the Medicare shopping and comparison space, offering online tools that help beneficiaries compare Medicare Advantage, MedSupp, and Part D plans. Operates a similar shop-quote-enroll model targeting both consumers and agents.

TypeDirect peer
Description

Publicly traded Medicare and health insurance marketplace with proprietary plan comparison and enrollment technology. Competes directly with Connecture in powering shop-and-enroll experiences for carriers, agents, and beneficiaries.

TypeEmerging player
Description

Digital health and Medicare insurance marketplace offering personalized plan recommendations through a tech-first, consumer-oriented experience. Adjacent competitor leveraging AI recommendation engines similar to MedicareCopilot.

TypeOthers
Description

Insurance CRM and agency-management technology provider serving insurance agents and FMOs, including Medicare-focused agencies. Comparable as enabling technology for the same FMO/agent distribution channels Connecture serves through Brokerlink.

TypeDirect peer
Description

Publicly traded direct-to-consumer and agent Medicare distribution company using proprietary technology to compare and enroll beneficiaries into Medicare plans. Overlaps significantly on carrier relationships, agent tooling, and shop-and-enroll workflows.

TypeEmerging player
Description

AI-driven Medicare plan matching and CRM partner powering Connecture's MedicareCopilot sub-brand, and an emerging competitor in agent-facing AI tools for Medicare enrollment.

TypeBroad incumbent
Description

Publicly traded insurance lead-generation marketplace operating across personal lines including Medicare. Broader incumbent in insurance customer acquisition with overlapping carrier relationships and agent demand.

TypeDirect peer
Description

Medicare-focused insurance distribution platform combining proprietary technology with a large agent call-center network for MA, MAPD, and MedSupp enrollment. Highly comparable as both a tech vendor to carriers and an operator in the agent distribution channel.

TypeDirect peer
Description

Insurance marketplace and comparison platform that distributes Medicare plans through agent partnerships. Overlaps with Connecture's Brokerlink-style agent enablement and multi-carrier visibility.

TypeDirect peer
Description

Medicare-focused distribution and technology company offering comparison and enrollment tools for Medicare Advantage and MedSupp through agent and call-center channels. Comparable in distribution model and target carrier/agent segments.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature9 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds8 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors11 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Connecture

Medicare Insurance Technologyconnecture.com

ConnectureDRX provides web-based shopping, quoting, enrollment, and retention technology for the U.S. Medicare market, serving health plans, FMOs, agencies, and individual agents across 160 carriers and 125,000 agents.

What Connecture does

Connecture, Inc. (operating as ConnectureDRX) is a Milwaukee, Wisconsin-based healthcare technology company founded around 2000 that provides web-based shopping, quoting, enrollment, and retention infrastructure for the U.S. Medicare market. The platform serves health insurance carriers (Medicare Advantage, MAPD, PDP, MedSupp, and ancillary), Field Marketing Organizations, insurance agencies, and individual agents, with claimed coverage of 95%+ of the PDP and MA/MAPD markets and 80%+ of the MedSupp market across 160 carriers and 6,500 plans.

The company's core technology stack centers on three PlanCompare platforms (ONE for health plans and large FMOs, Edge for small/mid agencies, and Edge for Agents for individual subscribers), supplemented by the Brokerlink distribution network, Active Analytics for member insights, DatabaseRX/DrugCompare for drug pricing transparency, a Medicare Retention Suite, and time-tested APIs for embedded integration. The recently introduced MedicareCopilot (in partnership with HealthcareGPS) adds AI-driven plan matching and conversational data capture, while a June 2026 Powervox partnership extends the platform into enterprise voice AI.

Connecture generates revenue primarily through SaaS subscriptions, API licensing, and transaction-enabling agent commissions across enterprise, mid-market, and self-serve SMB segments, and operates as a privately held subsidiary of Harris Computer Systems / Constellation Software.

Connecture firmographics

Firmographics
Name
Connecture
Legal name
Connecture, Inc.
Website
http://www.connecture.com/
Company type
Private
Founded year
1999
Operating status
Operating
Headcount range
101–250 employees
Short description
ConnectureDRX provides web-based shopping, quoting, enrollment, and retention technology for the U.S. Medicare market, serving health plans, FMOs, agencies, and individual agents across 160 carriers and 125,000 agents.
Ownership category
akta.pro rank

Connecture industry classification

Industry
Product category
Medicare Insurance Technology
NAICS
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
SIC
Insurance Agents, Brokers & Service (6411)
akta.pro primary industry
Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs) (FSAIAGAH)
akta.pro secondary industry
Pharmacy/Medication Management & Virtual MTM (Payer-Sponsored) (HLALACAK)

Keywords

  • Medicare enrollment software
  • Health insurance technology
  • Drug pricing comparison
  • Insurance distribution platform
  • Medicare benefits marketplace

Where Connecture is headquartered

Location

Headquarters

HQ city
Chicago
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Connecture business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. SaaS Platform Subscriptions: Subscription-based platform fees for PlanCompare ONE, PlanCompare Edge, and PlanCompare Edge for Agents. Plans are sold to health plans, FMOs, agencies, and individual agents with varying tiers based on features and scale.
  2. MedicareCopilot AI Platform: AI-driven Medicare platform with 3-tiered pricing based on agent/agency needs. Includes smart plan matching, voice/photo/text data capture, automated CRM workflows, and AI-driven outreach for year-round engagement.
  3. Drug Savings Solutions: DatabaseRX for health plans (therapeutic alternatives, price transparency, analytics) and DrugCompare for member self-service. Solutions can be purchased individually or in tandem.
  4. API Licensing: API access licensing for health plans, PBMs, FMOs and other organizations requiring embedded Medicare shopping, quoting, enrollment and drug comparison capabilities on their own platforms.
  5. Agent Commissions: Platform enables agents to earn commissions from Medicare plan enrollments. MedSupp plans pay higher and more reliable commissions than PDPs, with steady commissions and high retention for long-term renewals.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyMedicareCopilot 3-tiered pricing

Go-to-market motion4 records

Distribution channels6 records

Marketing channels9 records

Connecture product offering

Product offering

Core offering

ConnectureDRX provides web-based Medicare shopping, quoting, enrollment, and retention software for health plans, Field Marketing Organizations (FMOs), insurance agencies, and individual agents. The platform supports Medicare Advantage, MAPD, Medicare Supplement, Prescription Drug Plans, and ancillary products, with accurate drug pricing, real-time analytics, member retention tools, and APIs that embed these capabilities into third-party systems.

Product overview

ConnectureDRX is a platform-plus-modules architecture offering Medicare shopping, quoting, enrollment and retention solutions. The core products are PlanCompare ONE (for health plans, FMOs and large agencies), PlanCompare Edge (for small to mid-sized agencies), and PlanCompare Edge for Agents (for individual agents). These are supported by add-on modules including Medicare Retention Suite (retention and churn reduction), Brokerlink Network (distribution network connecting 120 agencies, 160 health plans, and 125K agents), Drug Savings Solutions (DatabaseRX for health plans and DrugCompare for members), Active Analytics (real-time member insights), and Ancillary Advantage (dental, vision, hearing, hospital indemnity). The platform also offers ConnectureDRX APIs for custom integrations and recently launched MedicareCopilot as an AI-driven alternative in partnership with HealthcareGPS.

Differentiator

Problem solved

Functional benefit

Brands

  • Brokerlink: Digital network connecting health plans, FMOs and agencies, agents and beneficiaries for Medicare distribution.
  • Active Analytics
  • Drug Savings Solutions
  • PlanCompare ONE
  • PlanCompare Edge
  • PlanCompare Edge for Agents
  • Medicare Retention Suite
  • MedicareCopilot

Products and services

  • PlanCompare ONE Enterprise platform enabling health plans, FMOs, and large agencies to shop, quote, enroll, and retain Medicare members. Supports MA, MAPD, PDP, MedSupp, and Ancillary plans with gold standard drug pricing, flexible API or hosted delivery, omni-channel support, and DocuSign enrollment integration.
  • PlanCompare Edge Plan comparison, quoting, and enrollment platform for small to mid-sized Medicare insurance agencies. Includes agent dashboard, notes & tasks, reports, training materials, enrollments, personalized quotes, scope of appointments, and CRM integrations with AgencyBloc, Medicare PRO I CRM, and RetireFlo.
  • PlanCompare Edge for Agents Self-serve subscription platform for individual Medicare agents offering 90+ carriers, personalized URLs and Super PURLs, RetireFlo survey bundle, CRM integration options (AgencyBloc, Medicare PRO I CRM), and Active Analytics included for AEP 2027.
  • Brokerlink Network Digital Medicare distribution network connecting health plans, FMOs, agencies, agents, and beneficiaries. Provides multi-carrier plan visibility, smooth quoting, electronic enrollment, daily data transmission, and an Insights Module with transactional, behavioral, and benchmarking data.
  • Drug Savings Solutions Drug pricing and cost transparency suite including DatabaseRX (therapeutic alternatives database, price transparency, and analytics engine for health plans) and DrugCompare (online member-facing drug comparison tool on health plan websites). All drug datasets clinically reviewed by physicians and pharmacists.
  • Active Analytics Real-time member insights platform analyzing member personas and buying tendencies. Provides data-driven insights for targeted member outreach, identifies SNP-eligible opportunities, drug cost pressure analysis, enrollment growth tracking, and smarter sales prospecting.
  • ConnectureDRX APIs APIs enabling health plans, PBMs, FMOs, and other organizations to embed Medicare shopping, quoting, enrollment, and drug comparison capabilities into their own platforms. Supports MA, MAPD, PDP, MedSupp, and Ancillary plan types with monthly out-of-pocket cost estimates, dosage-specific pricing, and therapeutic drug alternatives.
  • MedicareCopilot AI-driven Medicare platform in partnership with HealthcareGPS offering smart plan matching and built-in CRM. Captures drugs, providers, and client data via voice, photo, or text; auto-fills CRM from conversations and transcripts; provides AI-driven plan recommendations; and automates year-round outreach for engagement and renewals. Available in 3-tiered pricing.
  • Medicare Retention Suite Member retention platform with pre-loaded beneficiary data, three plan options, lower-cost alternatives, customized messaging, personalized shopping links, and custom landing pages. Addresses retiree transitions, switch prevention, age-in members, and plan changes/terminations.

Quantifiable outcome

  • 95%+ market share in PDP and MA/MAPD markets; 80%+ in MedSupp market
  • +5 more outcomes

Companies that use Connecture

Customer profile

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Connecture technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature9 records

Connecture partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and minor.

  • PowervoxcoreStrategic or Co-development Partner · 17 June 2026Strategic partnership to deliver enterprise voice AI across the Medicare distribution ecosystem. Combines ConnectureDRX's Medicare platform capabilities with Powervox's voice AI technology to enhance member engagement and enrollment processes.
  • The Baldwin GroupminorGTM or Marketing PartnerThe Baldwin Group offers Active Analytics free to agents in their network, instantly showing which clients are impacted by upcoming changes and exactly who to reach out to.

Scale indicators19 records

Recent moves1 record

Expansion highlights6 records

Connecture competitors and assessment

Company assessment

Direct peers

  • HealthCare.com: Direct competitor in the Medicare shopping and comparison space, offering online tools that help beneficiaries compare Medicare Advantage, MedSupp, and Part D plans. Operates a similar shop-quote-enroll model targeting both consumers and agents.
  • eHealth: Publicly traded Medicare and health insurance marketplace with proprietary plan comparison and enrollment technology. Competes directly with Connecture in powering shop-and-enroll experiences for carriers, agents, and beneficiaries.
  • SelectQuote: Publicly traded direct-to-consumer and agent Medicare distribution company using proprietary technology to compare and enroll beneficiaries into Medicare plans. Overlaps significantly on carrier relationships, agent tooling, and shop-and-enroll workflows.
  • GoHealth: Medicare-focused insurance distribution platform combining proprietary technology with a large agent call-center network for MA, MAPD, and MedSupp enrollment. Highly comparable as both a tech vendor to carriers and an operator in the agent distribution channel.
  • SmartMatch Insurance Agency: Insurance marketplace and comparison platform that distributes Medicare plans through agent partnerships. Overlaps with Connecture's Brokerlink-style agent enablement and multi-carrier visibility.
  • HealthPlanOne: Medicare-focused distribution and technology company offering comparison and enrollment tools for Medicare Advantage and MedSupp through agent and call-center channels. Comparable in distribution model and target carrier/agent segments.

Emerging players

  • Stride Health: Digital health and Medicare insurance marketplace offering personalized plan recommendations through a tech-first, consumer-oriented experience. Adjacent competitor leveraging AI recommendation engines similar to MedicareCopilot.
  • HealthcareGPS: AI-driven Medicare plan matching and CRM partner powering Connecture's MedicareCopilot sub-brand, and an emerging competitor in agent-facing AI tools for Medicare enrollment.

Others

  • AgentCubed: Insurance CRM and agency-management technology provider serving insurance agents and FMOs, including Medicare-focused agencies. Comparable as enabling technology for the same FMO/agent distribution channels Connecture serves through Brokerlink.

Broad incumbents

  • EverQuote: Publicly traded insurance lead-generation marketplace operating across personal lines including Medicare. Broader incumbent in insurance customer acquisition with overlapping carrier relationships and agent demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Connecture social profiles

Digital presence

Connecture financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Connecture leadership team

Management profile

Number of profiles

Profiles10 records

Connecture funding detail

Funding detail

Funding overview

Funding rounds8 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Connecture M&A and investment

M&A and investment

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Connecture

What does Connecture do?

ConnectureDRX provides web-based Medicare shopping, quoting, enrollment, and retention software for health plans, Field Marketing Organizations (FMOs), insurance agencies, and individual agents. The platform supports Medicare Advantage, MAPD, Medicare Supplement, Prescription Drug Plans, and ancillary products, with accurate drug pricing, real-time analytics, member retention tools, and APIs that embed these capabilities into third-party systems.

Is Connecture a public or private company?

Connecture is a private company. It is classified as corporate owned and is currently operating.

When was Connecture founded?

Connecture was founded in 1999. It employs 101 to 250 people.

Where is Connecture based?

Connecture is headquartered in Chicago, United States, in the North America region.

How does Connecture make money?

Five revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are medicareCopilot AI Platform, drug Savings Solutions, API Licensing and agent Commissions.

Who are Connecture's main competitors?

Direct peers on record are HealthCare.com, eHealth, SelectQuote, GoHealth, SmartMatch Insurance Agency and HealthPlanOne. Emerging players are Stride Health and HealthcareGPS. AgentCubed is listed as an others. EverQuote is listed as a broad incumbent.

Does Connecture have an API?

Yes. ConnectureDRX APIs enable health plans, PBMs, FMOs, and other organizations to deliver a seamless customer experience for Medicare shopping, quoting, and enrollment. APIs also power advanced drug comparison tools in Medicare and U65 group markets. Capabilities include: plan data from multiple carriers, support for MA/MADP/PDP/MedSupp/Ancillary plan types, monthly out-of-pocket cost estimates, dosage-specific pricing, and an extensive database of therapeutic drug alternatives. Delivery models include API and hosted options.

What industry is Connecture in?

Connecture's product category is Medicare Insurance Technology. Its primary akta.pro industry code is FSAIAGAH, Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs), with a secondary code of HLALACAK, Pharmacy/Medication Management & Virtual MTM (Payer-Sponsored). Its NAICS code is 524292 and its SIC code is 6411.

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Live signals
PR NewswireConnectureDRX Opens New Channels for Value-Based Care Providers to Improve Member Health and WellbeingConnectureDRX announced integration partnerships with four Value-Based Care provider organizations—CenterWell Senior Primary Care, ChenMed, Innovacare, and OneMedical—on its PlanCompare ONE and PlanCompare Edge platforms ahead of AEP 2024. The new technology enables Medicare beneficiaries to select providers based on healthcare needs while allowing value-based care organizations to drive better patient outcomes and reduce costs through prevention focus. The partnerships also aim to strengthen connections between providers, insurance agents, and Medicare members to improve continuity of care.PR NewswireRigrodsky Law P.A. Issues a Summary Notice in Jim Gilbert v. Ezra Perlman (C.A. No. 2018-0453-SG)The Delaware Court of Chancery has scheduled a hearing on April 26, 2022, to consider approval of a $2.8 million settlement in a class action lawsuit stemming from the January 2018 merger between Connecture, Inc. and FP Healthcare Merger Sub Corporation. Beneficial shareholders who held Connecture common stock at the time of the merger announcement may be eligible to receive payment from the settlement, provided they submit a valid Proof of Claim form by the August 25, 2022 deadline.PR NewswireZing Health Joins ConnectureDRX Platform to Simplify Path to Medicare EnrollmentZing Health has partnered with ConnectureDRX to join the Brokerlink Network, the largest distribution network in the Medicare industry, enabling insurance brokers and consumers to access Zing Health's Medicare Advantage plans through ConnectureDRX's quoting and enrollment technology platform. The collaboration will create more efficient workflows for Zing Health enrollment teams and support outreach to underserved communities, including minority populations and those with chronic conditions or dual Medicare-Medicaid eligibility. Zing Health, a physician-founded startup founded in 2019, is establishing itself as a major player in the Medicare Advantage market, having recently expanded into new markets in Illinois, Michigan, and Indiana.GlobeNewswireGlobal Health Insurance Exchange Market Is USD 2.59 Billion in 2018 | Top Companies are Accenture PLC, CGI Group, Inc., Connecture Inc., Cognosante, LLC, Deloitte, Hcentive, Inc., Infosys, Maximus, OrThe global health insurance exchange market was valued at USD 2.59 billion in 2018 and is forecast to grow at over 1.49% annually through 2025. Growth is driven by increasing federal grants and private cloud-based architecture. Key players include Accenture, CGI, and Deloitte.PR NewswireIBH appoints David Sockel as Chief Commercial OfficerIntegrated Behavioral Health (IBH) announced the appointment of David Sockel as Chief Commercial Officer, effective this week. Sockel brings over 20 years of healthcare industry experience, most recently serving as EVP and Chief Revenue Officer at Connecture Inc., a company he co-founded that grew to over $100 million in sales before its successful IPO in 2015. The appointment supports IBH's strategy to transform into a global digital population health management platform, with backing from private equity firm Periscope Equity.GlobeNewswireMolina Healthcare Selects Connecture to Launch Multi-Channel Sales Portal for Medicare BusinessConnecture entered a multi-year contract with Molina Healthcare to launch digital quoting, shopping, and enrollment tools for Molina's Medicare Advantage products, including Dual Eligible Special Needs Plans. The portal technology, already implemented in 12 states, supports brokers, call center agents, and direct-to-consumer channels. Connecture's technology facilitates over two-thirds of Medicare Advantage and Part D electronic enrollments.PR NewswireRM LAW Announces Investigation of Connecture, Inc.RM LAW, P.C. announced an investigation into Connecture, Inc.'s board of directors for potential breaches of fiduciary duty related to the company's efforts to sell to Francisco Partners. The proposed transaction would pay Connecture shareholders $0.35 in cash per share of common stock. The law firm is soliciting shareholders to discuss the sale process and any concerns about whether the board acted in shareholders' best interests.PR NewswireSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Connecture, Inc. -- CNXRMonteverde & Associates PC announced an investigation into Connecture, Inc. regarding its proposed merger to FP Healthcare Holdings, Inc., where shareholders are offered $0.35 in cash per share. The investigation examines whether Connecture and its Board violated securities laws or breached fiduciary duties by failing to conduct a fair process, potentially undervaluing the company, and not disclosing all material financial information ahead of the shareholder vote. The law firm is offering free information to Connecture shareholders who wish to protect their investments.GlobeNewswireConnecture, Inc. Enters into a Definitive Agreement to be AcquiredConnecture, Inc. entered a definitive agreement to be acquired by entities affiliated with Francisco Partners, paying $0.35 per share for shares not held by existing investors. The deal, approved by the board, includes a 45-day go-shop period and is expected to close in the first half of 2018.GlobeNewswireConnecture to Release 2017 Third Quarter Financial ResultsConnecture, Inc. will release its 2017 third quarter financial results on November 9 after market close and host a conference call at 5:00 p.m. Eastern Time. The call will be broadcast live and archived for 30 days, with a replay available until November 16.