Fundraising Fox

Socotra

Palo Alto, US · Founded 2014 · Delaware corporation · 8 known investors

socotra.com ↗

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.

AI & Machine LearningCloud ComputingInsurTechSaaSin /socotra@socotratech

Founders & leadership

DW
Dan WoodsFounder & CEO
EA
Ekine AkuiyiboChief Operating Officer
SP
Sonny PatelChief Product and Technology Officer
BP
Benny PeretzDirector

Investors · 8

8VCAustin · $100K – $50M
Activant CapitalNew York · $100K – $50M
CrunchFundvia Michael Arrington · inferred
MS&AD VenturesMenlo Park · $500K – $3M
Tuesday CapitalSan Francisco
Ulu VenturesPalo Alto · $2M
Insight PartnersreportedNew York · $120M – $350M
Portage Venturesreported · 2 sourcesMontreal

Reported raises · per SEC filings

Form D private placements
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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