Socotra
Palo Alto, US · Founded 2014 · Delaware corporation · 203 employees on LinkedIn · 8 known investors
Socotra is a cloud-native insurance core platform that provides configuration-only deployments, open APIs, and real-time data access for insurers across personal, commercial, and life insurance lines. The platform enables insurers to deploy products faster, maintain greater operational flexibility, and achieve high reliability without custom code or legacy system constraints.
Founders & leadership
Socotra was founded in 2014 by Dan Woods.
DW
Dan WoodsinFounder & CEO
EA
Ekine AkuiyiboChief Operating Officer
SP
Sonny PatelChief Product and Technology Officer
Board
BP
Benny PeretzBoard director
Investors · 8
Reported raises · per SEC filings
Form D private placements$37.8M disclosed across 5 rounds · 2014–2021
▶$12.9MraisedMar 2021 · 8 investors · Other TechnologyRule 506(b)
▶$12.9MraisedMar 2021 · 8 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel WoodsExecutive Officer, Director
- Joseph LonsdaleDirector
- John KimDirector
- Adam FeleskyDirector
- Offering amount
- $12.9M
- Amount sold
- $12.9M
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5MraisedDec 2018 · 4 investors · Other TechnologyRule 506(b)
▶$5MraisedDec 2018 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Robert ScullyDirector
- Joseph LonsdaleDirector
- Daniel WoodsExecutive Officer, Director
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$16.6MraisedSep 2018 · 45 investors · Other TechnologyRule 506(b)
▶$16.6MraisedSep 2018 · 45 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Robert ScullyDirector
- Daniel WoodsExecutive Officer, Director
- Joseph LonsdaleDirector
- Offering amount
- $16.8M
- Amount sold
- $16.6M
- First sale
- Sep 2018
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$1.3MraisedMar 2015 · 5 investors · OtherRule 506(b)
▶$1.3MraisedMar 2015 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Dan WoodsExecutive Officer, Director
- Benny PeretzDirector
- Offering amount
- $3.2M
- Amount sold
- $1.3M
- First sale
- Mar 2015
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$2MraisedOct 2014 · 23 investors · OtherRule 506(b)
▶$2MraisedOct 2014 · 23 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Dan WoodsExecutive Officer, Director
- Benny PeretzDirector
- Offering amount
- $2.9M
- Amount sold
- $2M
- First sale
- Sep 2014
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 1
by search overlapCompanies competing with Socotra for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Socotra do?
- Socotra is a cloud-native insurance core platform that provides configuration-only deployments, open APIs, and real-time data access for insurers across personal, commercial, and life insurance lines. The platform enables insurers to deploy products faster, maintain greater operational flexibility, and achieve high reliability without custom code or legacy system constraints.
- Who founded Socotra?
- Socotra was founded by Dan Woods in 2014.
- Who are Socotra's investors?
- Socotra's investors include 8VC, Activant Capital, CrunchFund, MS&AD Ventures, Tuesday Capital, Ulu Ventures, Insight Partners, Portage Ventures.
- How much funding has Socotra raised?
- Socotra has disclosed $37.8M raised across 5 rounds.
- Where is Socotra headquartered?
- Socotra is headquartered in Palo Alto, US.