Socotra Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Latest Deal Type
  • Series B
  • Latest Deal Amount
  • $15.2M
Latest Deal Amount
  • Investors
  • 26

Socotra General Information

Description

Developer of a cloud-based platform designed to provide automated recurring billing and integrated reporting for technology-driven insurers. The company's platform unifies underwriting, policy management, claims, reinsurance and provides insurers the ability to create and update rules and rates that reflect their evolving guidelines, enabling insurance companies to rapidly develop and distribute products and serve their customers.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Other Insurance
Primary Office
  • 33 New Montgomery Street
  • Suite 290
  • San Francisco, CA 94105
  • United States

Socotra Timeline

2018201920202021
Financing Round
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Socotra Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series B) 23-Jan-2020 $15.2M 0000 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 13-Feb-2019 00.00 000.00 Completed Generating Revenue
1. Early Stage VC (Series A) 24-Sep-2018 $16.6M $16.6M 000.00 Completed Generating Revenue
To view Socotra’s complete valuation and funding history, request access »

Socotra Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A1 Nonvoting 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00
Series A 21,574,413 $0.001000 $0.04 $0.71 $0.71 1x $0.71 46.11%
To view Socotra’s complete cap table history, request access »

Socotra Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a cloud-based platform designed to provide automated recurring billing and integrated reporting for technol
Business/Productivity Software
San Francisco, CA
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Berlin, Germany
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000.00
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000000000 00000000
University Park, IL
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Socotra Competitors (32)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Element Insurance Venture Capital-Backed Berlin, Germany 000 000.00 00000000000 000.00
0000000000 Corporate Backed or Acquired University Park, IL 000000&0
0000-000 Private Equity-Backed Tampa, FL 000 000.00 0000000 0000 000.00
0000000 0000000000 Corporate Backed or Acquired Orland Park, IL 00 000000&0
000000 Venture Capital-Backed Boston, MA 000 0000 00000000000 0000
You’re viewing 5 of 32 competitors. Get the full list »

Socotra Executive Team (2)

Name Title Board Seat Contact Info
Daniel Woods Co-Founder, President, Chief Executive Officer & Board Member
Harsh Shah Product Lead
To view Socotra’s complete executive team members history, request access »

Socotra Board Members (5)

Name Representing Role Since
Benny Peretz Socotra Board Member 000 0000
Daniel Woods Socotra Co-Founder, President, Chief Executive Officer & Board Member 000 0000
John Kim Self Board Member 000 0000
Joseph Lonsdale Self Board Member 000 0000
Robert Scully Greenoaks Capital Partners Board Member 000 0000
To view Socotra’s complete board members history, request access »

Socotra Investors (26)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Brewer Lane Ventures Venture Capital Minority 000 0000 000000 0
Portag3 Ventures Venture Capital Minority 000 0000 000000 0
Two Sigma Ventures Venture Capital Minority 000 0000 000000 0
Ulu Ventures Venture Capital Minority 000 0000 000000 0
Nationwide Ventures Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 26 investors. Get the full list »