Company
Socotra
The Most Advanced Insurance Core Platform. Period.
Also known as Socotra, Inc.
- Status
- Operatingas of 2026-09-18
- Business model
- B2B
- Headquarters
- San Francisco, CA, United States
- Customers
- insurers
- Legal name
- Socotra, Inc.
- socotra.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Careers (opens in a new tab)
Record updated 28 September 2026
About
Socotra delivers the most powerful insurance platform on the market, empowering insurers to support any number of insurance products, policies, or users. Accelerate implementations, integrations, and product updates—all with the industry’s lowest total cost of ownership (TCO).
Funding snapshot
- Total raised
- $37.8MSEC form D sum, as of 2026-09-28Source (opens in a new tab)
- Latest round
- Round, $12.9M2021-02-16
Funding rounds
- Round, 2021
- $12.9M2021-02-16, SEC form D sold, 8 investors
- Round, 2018
- $5M2018-12-04, SEC form D sold, 4 investors
- Round, 2018
- $16.6M2018-09-11, SEC form D sold, 45 investors
- Round, 2015
- $1.3M2015-03-10, SEC form D sold, 5 investors
- Round, 2014
- $2M2014-09-22, SEC form D sold, 23 investors
Products
- Web
- Modern UI & Portals
- Web
- Socotra Billing
- Web
- Socotra Policy