Co-founded by industry veterans Frank Pistone, Mike Bully, and Gabe Tovar, Cresso offers enrollment solutions targeted exclusively at the high-growth government-sponsored health insurance market.
Pistone, CEO, commented: “Health insurance distribution is a dynamic and rapidly evolving industry. We launched Cresso with the independent agency in mind, delivering a capability set that will enable our partner agencies to best serve their respective consumers.”
Cypress Ridge Capital, an equity firm specialising in healthcare-focused investments, has made a significant contribution to the company to accelerate its growth and expand its product offering and geographical footprint.
Andrew Pardo, Cypress Ridge Managing Partner, said: “Healthcare beneficiaries are in need of innovative solutions that facilitate convenient, transparent, and unbiased access to plan selection. This idea is at the core of Cresso’s mission to assist consumers in navigating hundreds of plan options to meet their individual needs.”
Chris Petrini, Cypress Ridge Managing Partner, added: “Cresso’s unique partnership model, strategic agent support capabilities, and broad product portfolio position the company well against an attractive macro backdrop. We look forward to partnering with Frank, Mike, Gabe, and the rest of the Cresso team to accelerate our shared vision for growth.”
