Connecture

Connecture is solely focused on delivering integrated Web-based sales, service and process automation solutions to the health insurance industry. We have products and services that are tailored to serve the perspective and interests of every player, and so our own perspective spans them all. We truly see big picture, which helps us deliver best-in-class technology in every market we serve. 

It’s a perspective of depth as well as breadth. The health insurance world has been our sole focus for more than a decade, and in that time, we’ve developed a deep understanding of all aspects of insurance distribution. We track regulatory shifts, adjust our technologies to ensure compliance, and consult our customers through the changes. This helps us to see around corners for our current clients, and find new ways to help tomorrow’s customers in evolving markets. All of this is supported by a proven track record of large-scale, on-time, within-budget implementations.
Company Growth (employees)
Type
Public
HQ
Brookfield, US
Founded
1997
Size (employees)
411 (est)
Connecture was founded in 1997 and is headquartered in Brookfield, US

Key People/Management at Connecture

Doug Schneider

Doug Schneider

CEO
Michael Cho

Michael Cho

Chief Innovation Officer, New Markets
Matthew Brown

Matthew Brown

Vice President,Operation
Tim Allaway

Tim Allaway

Vice President, Client Services
Aaron Downend

Aaron Downend

Vice President, Network Operations

Connecture Office Locations

Connecture has offices in Brookfield, Atlanta, Los Angeles, Farmington and in 4 other locations
Brookfield, US (HQ)
18500 West Corporate Drive, Suite 250
Columbia, US
5550 Sterrett Place Suite 309
Durham, US
68 T. W. Alexander Drive
Farmington, US
314 Farmington Ave, Suite 120
Los Angeles, US
600 Wilshire Boulevard Suite 1100
Atlanta, US
55 Ivan Allen Jr. Blvd. Suite 400
Show all (8)

Connecture Financials and Metrics

Connecture Financials

Connecture's revenue was reported to be $18.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

18.3 m

Gross profit (Q1, 2017)

6.8 m

Gross profit margin (Q1, 2017), %

37%

Net income (Q1, 2017)

(3.7 m)

EBIT (Q1, 2017)

(2.7 m)

Market capitalization (17-Oct-2017)

13.6 m

Cash (31-Mar-2017)

12.9 m
Connecture's current market capitalization is $13.6 m.
USDFY, 2015FY, 2016

Revenue

95.8 m81.9 m

Revenue growth, %

(15%)

Cost of goods sold

50.7 m56.9 m

Gross profit

45.2 m25 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

23.4 m22.7 m17.6 m18.7 m24.7 m18.3 m

Cost of goods sold

14 m12.6 m12.4 m13.7 m15.9 m11.5 m

Gross profit

9.4 m10.1 m5.2 m5.1 m8.8 m6.8 m

Gross profit Margin, %

40%44%30%27%36%37%
USDFY, 2015FY, 2016

Cash

5.4 m6.2 m

Accounts Receivable

8.4 m

Inventories

652 k1.2 m

Current Assets

16.9 m15.8 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

10 m7.4 m207 k19 m16.7 m12.9 m

Accounts Receivable

8.5 m

Current Assets

20.9 m22.7 m6.8 m29.7 m28.8 m22.4 m

Goodwill

26.8 m26.8 m26.8 m29.4 m30.8 m31.1 m
USDFY, 2015FY, 2016

Net Income

(7.3 m)(26.5 m)

Depreciation and Amortization

5 m4.6 m

Accounts Receivable

1.3 m2.8 m

Accounts Payable

1.9 m263 k
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(4.3 m)(2.3 m)(7.3 m)(9.9 m)(3.1 m)(3.7 m)

Accounts Receivable

8.5 m

Accounts Payable

5.8 m7.4 m8.5 m7.9 m8.8 m6.1 m
USDY, 2017

Revenue/Employee

44.5 k
Show all financial metrics

Connecture Market Value History

Connecture Median Salaries

Source: 18 public H-1B filings from Connecture

Traffic Overview of Connecture

Connecture Online and Social Media Presence

Connecture Company Life and Culture

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