Socotra
PrivateLast Round
Series C
Mar 14, 2022
Total Funding Raised
$75.9M
Company Overview
Socotra is a technology company that provides a modern, cloud-native, and API-driven core platform for the global insurance industry. Serving carriers, insurtechs, and managing general agents (MGAs), its software suite covers the full policy lifecycle, including policy administration, billing, claims, and reporting. The platform is designed to replace legacy systems, enabling insurers to launch products faster, reduce maintenance costs, and improve customer experiences through greater flexibility and data access. The company also offers a server to help insurers securely integrate agentic AI into their workflows.
Sector
FinTech
Verticals
InsurTech, Vertical SaaS, API Management, Platform-as-a-Service
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Marketplace Commission, Usage-Based SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Socotra Comps
Public and private peers based on sector, stage, and business model.
Socotra Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Mar 14, 2022 | ||||
| Series B | Jan 23, 2020 | ||||
| Series A Extension | Feb 12, 2019 | ||||
| Series A | Sep 24, 2018 | ||||
| Seed | Feb 23, 2018 |
Key People
Founding team and executive leadership
Socotra Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| MS&AD Ventures | Series A Extension, Series B, Series C, Series A |
| Greenoaks Capital Partners | Series A |
| SV Angel | Series A, Seed |
| SciFi Ventures | Series A, Seed |
| Portage Ventures | Series C |
| Founders Fund | Series A, Seed |
| Brewer Lane Ventures | Series C, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 11, 2026
Launched an embedded AI assistant for underwriting.
- Jan 14, 2026
Launched MCP server for agentic AI workflows.
Socotra Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Socotra's valuation, stock price, and market status.
