Tech Company Financing Transactions
Socotra Funding Round
Socotra, based in San Francisco, scored $15.2 million from Brewer Lane Ventures, 8VC and MS&AD Insurance Group Holdings.
Transaction Overview
Company Name
Announced On
1/24/2020
Transaction Type
Venture Equity
Amount
$15,200,000
Round
Series B
Investors
Proceeds Purpose
The investment will fund further development of Socotra's platform and fuel the company's continued growth.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
33 New Montgomery St. 290
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Woods
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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 VentureDeal.com, an affiliated venture.
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