Purchase enables the creation of a complete end-to-end SAAS solution to drive stronger engagement and deliver greater health and financial security for consumers BROOKFIELD, Wis., June 07, 2016 (GLOBE NEWSWIRE) — Connecture, Inc. (NASDAQ:CNXR), a provider of web-based information systems used to create health insurance marketplaces, today announced its purchase of Chicago-based ConnectedHealth, LLC, a leading benefits technology company with a platform that makes it easier for consumers and employees to shop for personalized health insurance and related benefits online. The acquisition enables Connecture to create one end-to-end solution to strengthen consumer and employee engagement throughout the benefit …
Connecture Raises $52 Million in series a preferred
Connecture, Inc. Finalizes $52 Million Investment Deal with Francisco Partners BROOKFIELD, Wis., May 02, 2016 (GLOBE NEWSWIRE) -- Connecture, Inc. (CNXR), a provider of web-based information systems used to create health insurance marketplaces, announced today it has finalized the previously announced $52 million investment led by Francisco Partners, a leading global private equity firm. The investment agreement, which provides for an additional investment from existing shareholder Chrysalis, was executed in March and enables Connecture to boost its financial profile, drive growth opportunities and support ongoing investments in software that benefit the health plan, broker and insurance exchange markets. "This investment, …
Chrysalis leads $2.4 Million investment in Edj Analytics
LOUISVILLE, KY (March 22, 2016) – Chrysalis, a leading source of equity capital for growth companies in the Midwest and South, today announced that it has led a $2.4 million investment in Louisville-based Edj Analytics, a provider of game-based data-driven decision support solutions. The company will use the investment to build out its team, expand in its current markets, and explore select new opportunities. Edj was founded in 2013 by Frank Frigo, former commodity trader and world backgammon champion, astrophysicist Chuck Bower, and Sean O’Leary, former co-founder and CEO of Genscape, an information service that sells proprietary data on power plant output to energy traders. Chrysalis also invested in Genscape in 2001, prior …