Connecture announces growth investment from great point. Connecture acquires drx, a leading provider of information. The company was founded in 1999 as simplyhealth and was based in atlanta for most of its existence. The company has been financed so far via a consortium of private equity players, including. Great point partners jeffrey jay and david kroin assets under management f holdings, latest news, dg filings, and investor letters provided by insider monkey. Sec filings include f quarterly reports, dg events and more. Connecture, wi health insurance software company, plans. To that end, we have highlighted here some of the great teams to which we and our companies aspire to emulate. See who you know at great point partners, leverage your professional network, and get hired.
Great point partners, llc has been registered with the sec since march 2012 a nd provides advisory services to two foreign funds and nine domestic funds. Guidepoint security provides innovative and valuable cyber security solutions and expertise that enable organizations to successfully achieve their missions. Connecture owned by funds affiliated with great point partners llc, chrysalis ventures ii lp, ssm partners and liveoak equity partners lp noted that in the 20 fiscal year, its platforms. They are recruiting on campus at my school directly out of undergrad which i thought was surprising. Since 2003, great point partners private equity funds have invested in over 20 private health care businesses. Completes takeprivate acquisition by francisco partners brookfield, wis. Connectures maynard hired as grandcare ceo milwaukee. The private equity side has a good reputation and they took a company public about a year ago in connecture. Detailed profile of great point partners llc portfolio of holdings. Connecture provides sales automation software to the insurance industry. Connecture prices well below projection in nasdaq debut.
Connecture is a webbased consumer shopping, enrollment and retention platform for health insurance distribution. Adam b dolder is managing director at great point partners llc. Tothepoint software makes focused, easytouse, and affordable software for macintosh computers. Does anyone have any information on great point partners in greenwich. In a rare move for wisconsin software companies, brookfieldbased. All content is posted anonymously by employees working at great point partners. Jeffrey jay and david kroins great point partners filed an amended d. The acquired company provides webbased shopping and enrollment systems for consumers of medicare health plans. About great point partners great point partners, based in greenwich, conn. Our flagship cossenterprise pointofsale suite features life insurance. Connecture, a sales automation software provider backed by pe firm great point partners and a flock of vc investors, has acquired drx. Connecture provides webbased software that helps consumers shop for health insurance plans. Gilbert james andrew 10% owner live oak equity partners lp 10% owner j. The principals of great point partners have a long history of helping executives build successful health care companies.
Connecture offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individuals preferences, health status, preferred providers, medications and expected outofpocket costs. Dow futures limit up the morning after historymaking 2,350pluspoint plunge. Eir partners sourced and partnered with new mountain capital to merge. Connecture, of brookfield, is a subcontractor with the primary contractors running the affordable care act online marketplaces in minnesota, maryland and. We manage two separate, but highly complementary investment strategies lower middle market growth buyout funds investing in private health care companies and a hedge fund investing in public life sciences. Aug 16, 2012 the round was led by great point partners, llc. At ssm, we believe that the success of our companies hinges on the effectiveness of their teams. Investing across the spectrum of health care since 2003, great point partners has focused on helping growing health care businesses achieve their full potential. Experience first hand how hard we workso you dont have to. The history of point begins as early as 1985, where the pointteamtobe came together first at philips competence centre for optical storage media, then later at digital equipment dec gmbh. Their investment team is augmented by their ceo advisory board and medical advisory board, members of whom are available to provide advice and assistance to their entrepreneurs and their portfolio companies. Nov, 20 connecture, of brookfield, is a subcontractor with the primary contractors running the affordable care act online marketplaces in minnesota, maryland and washington, d. Jan 25, 20 connecture, a sales automation software provider backed by pe firm great point partners and a flock of vc investors, has acquired drx.
These teams and their leaders, not us, are the stars and we aim to be their greatest advocates. Jeffrey jay and david kroin s great point partners filed an amended d. You can check out great point partners latest holdings and filings here. It offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individuals preferences, health.
Great point partners, ssm partners, chrysalis ventures, and. Gppconnecture llc gppc is the record owner of 4,127,232 shares of common stock the gppc shares. Connecture recently announced its plans to develop health insurance exchanges in maryland and minnesota, and. Connecture announces growth investment from great point partners to fuel continued expansion leader in health insurance marketplaces and exchanges will use funding to meet growing demand for new. Connecture, which is owned by funds affiliated with great point partners llc, chrysalis ventures ii lp, private equity firm ssm partners and liveoak equity partners, noted that in the 20 fiscal. Great point partners greenwich, ct grey mountain partners boulder, co. Drxs products include software that enables consumers to compare brand.
Aug 16, 2012 great point partners llc, a private investment firm based in greenwich, conn. Great point partners, llc is a limited liability company incorporated in delaware with its principal place of business in greenwich, connecticut. Francisco partners management llc, acquired connecture, inc. Connecture is the leading provider of webbased technologies that effectively assist consumers and employees with the health insurance shopping and purchasing process and minimize backoffice administrative tasks, such as workflow and health plan management, application processing, renewal processing and integration with health plans and state and federal programs. Although the stock has been a dud, any firm that can ipo a business at a decent valuation is far from a fraud. Drxs products include software that enables consumers to compare brand name pharmaceuticals with other drugs in the same. The company offers insureconnect suite, which provides an enterprise solution that includes quoting, rating, underwriting, policy administration, renewal, and enrollment and installation, as well as product extensions, such as customer relationship management and. The founder of eir partners led an investment into connecture, the execution of the. Our managing directors have more than 75 collective years of private equity experience, averaging 15 years per managing director. Existing investor chrysalis ventures also coinvested in. You can check out great point partners latest holdings and filings here please follow. Here, the team were already developing innovative software products for archiving data on optical storage media, making a significant contribution. Since 2003, great point partners has focused on helping growing health care businesses achieve their full potential. Connecture company profile office locations, competitors.
Connecture, the leading provider of webbased information systems used to create health insurance marketplaces and exchanges, today announced that great point partners, llc, a greenwich, conn. Great point partners llc, a private investment firm based in greenwich, conn. The company offers insureconnect suite, which provides an enterprise solution that includes quoting, rating, underwriting, policy administration, renewal, and enrollment and installation, as well as product extensions, such as customer relationship management and prescription. Cnxr has 0 institutional owners and shareholders that have filed dg or f forms with the securities exchange commission sec. Our investment team is augmented by our ceo advisory board and medical advisory board, members of whom are available to provide advice and assistance to our entrepreneurs and their portfolio companies. Connecture provides webbased sales, service, and process automation solutions to the health insurance industry. Two undeniable trends attracted us to drx, said brett carlson, board member at connecture and vice president at great point partners. Salaries posted anonymously by great point partners employees.
A free inside look at great point partners salary trends based on 5 salaries wages for 4 jobs at great point partners. Dan maynard, a founder of a predecessor company to connecture inc. Sec form d great point partners ii news secondarylink. Mar 14, 2016 dow futures limit up the morning after historymaking 2,350pluspoint plunge. Great point partners llc 10% owner gpp connecture, llc 10% owner great point partners i lp 10% owner great point partners i gp, llc 10% owner. The product integrates the customers online and offline information, broker and agent channels and back office support by leveraging existing legacy systems.
Connecture has acquired 3 companies of its own, including 1 in the last 5 years connecture has acquired in 3 different us states. Gilbert gp, llc 10% owner gilbert james andrew 10% owner live oak equity partners lp 10% owner. Companies focusing on innovative financial services technology. Connecturebrookfield, wi construction software technologies cincinnati, oh corrona boston, ma corsair components freemont, ca datalinktampa, fl dennis uniform portland, or. Jan 22, 20 great point partners introduced connecture and drx, maynard said. Cnxr ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Weve been watching the acceleration of senior enrollment. Great point insurance commercial umbrella underwriting. Independently owned commercial umbrella underwriting facility.
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