Socotra

Socotra

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Overview

Socotra is a technology platform that builds a modern cloud-based platform for technology-driven insurers. Its platform is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure. It aims to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers.

Socotra was founded in 2014 and is headquartered in San Francisco, California.

About

Industries

Enterprise Software, Information Technology, Software, Financial Services, InsurTech, Insurance

Founded

2014

Employees

101-250

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Socotra headquartered in United States, North America, operates in the Enterprise Software, Information Technology, Software, Financial Services, InsurTech, Insurance sector. The company focuses on Enterprise Software and has secured $15.8B in funding across 168 round(s). With a team of 101-250 employees, Socotra is actively contributing to advancements in Enterprise Software. Their latest funding round, Seed Round - Socotra, raised $7.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Dan Woods

Dan Woods

Founder and CEO

imagePlace Sonny Patel

Sonny Patel

Chief Product and Technology Officer

imagePlace Ken Holmes

Ken Holmes

VP of Sales

imagePlace Heidi Friedrikson

Heidi Friedrikson

Director of Operations and Vice President of Operations

Funding Rounds

Funding rounds

7

Investors

9

Lead Investors

0

Total Funding Amount

$93.9M

Details

6

Socotra has raised a total of $93.9M in funding over 6 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2020Early Stage Venture15.2M
2022Late Stage Venture50.0M
2015Seed
2014Seed7.0M

Investors

Socotra is funded by 52 investors.

Investor NameLead InvestorFunding RoundPartners
SV Angel-FUNDING ROUND - SV Angel7.0M
SciFi VC-FUNDING ROUND - SciFi VC7.0M
Socotra-FUNDING ROUND - Socotra7.0M
10x Group-FUNDING ROUND - 10x Group7.0M

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