Tech Company Financing Transactions

Socotra Funding Round

Socotra secured a $50 million Series C financing round on 3/14/2022. Investors included Insight Venture Partners, 8VC and Brewer Lane Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C
Proceeds Purpose
Socotra will use the proceeds of this funding round to further expand product functionality, broaden its reach throughout Europe and Australia, augment customer success infrastructure to support its rapidly growing customer base, and continue extending ecosystem capabilities through Socotra Marketplace--the insurance industry's first no-code app marketplace enabling instant integrations with third-party technology providers.

Company Information

Company Status
Private & Independent
Mailing Address
33 New Montgomery St. 290
San Francisco, CA 94105
Email Address
Socotra is focused on building the most modern cloud-based platform for technology-driven insurers. We are re-imagining and re-inventing technology for one of the world's largest and most technologically neglected industries. Our vision is to become the technology platform that powers insurance businesses everywhere.
Socotra LinkedIn Company Profile
Social Media
Socotra Company Twitter Account
Company News
Socotra News
Socotra on Facebook
Socotra on YouTube

Management Team

Email & Social
Chief Executive Officer
Daniel Woods
  Daniel Woods LinkedIn Profile  Daniel Woods Twitter Account  Daniel Woods News  Daniel Woods on Facebook



Browse more venture capital transactions:

Prev: 3/14/2022: PerchPeek venture capital transaction
Next: 3/14/2022: HerMD venture capital transaction


Share this article


About Our Venture Capital Transactions Database

We report on all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary