Connie Health Secures $35M Credit Facility

Connie Health, a Boston-based technology-enabled Medicare insurance brokerage, secured a $35M asset-backed revolving credit facility from Rivonia Road Capital. The raise brought total capital to approximately $85M in equity alongside the new debt. The company intends to use the funds to support its ongoing national expansion, funding both organic policy origination and M&A acquisitions to expand its local agent network.