Asset Manager

Updated:

CE Broker

CE Broker runs the regulatory backend for healthcare licensing, serving over 2.5 million clinicians and state boards from its Jacksonville headquarters.

CE Broker

Founded in Jacksonville, Florida, CE Broker operates a software platform that state regulatory boards use to track and verify professional licenses, continuing education credits, and disciplinary records across the healthcare workforce. The company's core product is a government-contracted compliance database — health systems, staffing agencies, and insurers query it to confirm that a clinician is legally permitted to practice. This makes CE Broker less a software vendor and more an embedded utility inside state-level occupational licensing infrastructure. The company earns revenue through multi-year state contracts and transaction fees from providers who pay to report or verify credentials. Its deployments span nursing boards, medical boards, and allied health regulators. Because state governments move slowly and data portability is low once a system is integrated, CE Broker's contracts carry high switching costs. The platform maintains relationships with organizations such as the Florida Department of Health and similar bodies across the country, functioning as the source-of-truth for license status in participating states. Headquartered in Jacksonville with a distributed operational footprint, the firm has historically operated as a privately held, founder-adjacent business, serving government clients across health workforce regulation. CE Broker received a strategic growth investment in 2021 from private equity firm Spire Capital (per Spire Capital, 2021), which typically backs vertical SaaS and regulatory software businesses with durable public-sector contract revenue. No subsequent transaction or liquidity event has been publicly disclosed. CE Broker's structural differentiator is its position as government-designated infrastructure — it does not simply sell software to regulators; it becomes the legally mandated system of record for license verification in its client states. This creates a competitive barrier that is statutory, not merely commercial. A rival would need to convince a state legislature to change its administrative code, not just its purchasing order.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Jacksonville

Corporate office

Jacksonville, FL, United States

Sector focus

Healthcare ServicesEnterprise SoftwareRegTech

Frequently asked questions

Who are the primary customers of CE Broker?

CE Broker primarily serves state regulatory boards — such as nursing boards and medical boards — that contract with the company to manage professional licensing, continuing education tracking, and disciplinary record-keeping. The platform is also used by healthcare employers, malpractice insurers, and staffing firms who query the system to verify clinician credentials in real time.

How does CE Broker generate revenue?

The company generates revenue through multi-year government contracts with state regulatory agencies, as well as per-transaction fees charged to healthcare professionals and organizations that report continuing education credits or perform license verifications through the platform. This hybrid model combines stable public-sector contract revenue with usage-based transaction income.

What makes CE Broker's business model defensible?

CE Broker's defensibility rests on regulatory integration rather than software features alone. In states where it operates, the platform is designated as the official system of record for license compliance by statute or administrative rule. Replacing CE Broker would require a competitor to navigate state procurement processes and convince regulators to amend compliance workflows already embedded in the healthcare labor market.

Is CE Broker a venture-backed or private equity-backed company?

CE Broker received a growth investment from Spire Capital in 2021, a private equity firm focused on technology-enabled business services and regulatory SaaS. Prior to that investment, the company operated as an independent, founder-owned business in Jacksonville, Florida.

Which healthcare professions does CE Broker cover?

The platform supports license tracking for nurses, physicians, and allied health professionals, including pharmacists, physical therapists, and mental health counselors. Coverage depends on which state boards have adopted the system, with the strongest density in the southeastern United States through contracts originating in Florida.

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