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Socotra
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Socotra

https://www.socotra.com/
Last activity: 12.03.2026
Active
Categories: AIDigitalizationInsurTechPlatformSaaS
Socotra is focused on delivering agility to the trillion-dollar global insurance industry. Socotra works with global insurers to modernize their technology, making it easier for them to focus on creating innovative products to grow their business.

Serving one of the world's largest and most technologically neglected industries, Socotra's mission is to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers.

To take its mission to the next level, Socotra is expanding rapidly. It is seeking to grow its team and are looking for candidates who are passionate about making substantive change.
Followers
227
Website visits
7.4K /mo.
Mentions
33
Location: United States
Employees: 51-200
Total raised: $89.2M
Founded date: 2014

Investors 7

Funding Rounds 4

DateSeriesAmountInvestors
22.03.2022Series C$50M-
27.01.2020Series B$15.2M-
20.02.2019-$18M8VC
24.09.2018Series A$6M-

Mentions in press and media 33

DateTitleDescription
12.03.2026Socotra launches embedded AI assistant for underwriting-
15.09.2025Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AIreleased its , the most mature MCP server in the insurance industry. The new offering allows insurers to quickly and safely connect agentic AI to Socotra Insurance Suite, unlocking automation for insurance workflows. Socotra MCP Server is r...
04.03.2024Winners of the Meytier Equitable Hiring AwardsMeytier Equitable Hiring Awards Meytier is delighted to announce the companies that have been recognized with a Meytier Equitable Hiring Award for 2023. Together, we can create a future where every applicant feels valued, respected, and emp...
31.07.2023Cloverleaf Analytics, Exavalu, and Socotra Announce the Launch of the Ethical AI in Insurance Consortium“The insurance industry has the opportunity to set a quality example of how to use AI responsibly, and this Consortium aims to be a beacon of light for insurers and technology companies that need help on this journey.” AUSTIN, Texas (PRWEB)...
05.06.2023Cloverleaf Analytics and Socotra Partner to Expand the Reach of Intelligent Digital Insurance Solutions to More Carriers and MGAs“We have a robust partner ecosystem, and Cloverleaf’s Insurance Intelligence platform adds another layer to the value of Socotra with a new competitive edge for carriers and MGAs," said Mike Benayoun, Director of Partnerships for Socot...
18.05.2023Socotra Connected Core, the Insurance Policy Core Platform Available in AWS MarketplaceSocotra, Inc. announced availability of their insurance policy core platform Connected Core in AWS Marketplace. This move will make it easier for insurers “to adopt the platform, resulting in faster implementation times and improved efficie...
22.02.2023Insurtech Socotra Targets European Expansion for Business Growth StrategySocotra announces a major drive into the European insurance markets, with an initial focus on the UK, DACH, France, and others, “following strong growth in 2022, including a 71% revenue increase, a 75% growth in customers, and a 117% YoY in...
14.09.2022OBRIEN Insurance Solutions Joins Socotra App MarketPlaceOBRIEN Insurance Solutions joins an ecosystem of technology leaders bringing speed-to-market and agility to the insurance industry Socotra is pleased to partner with OBRIEN Insurance Solutions to deliver an industry-leading solution” — Dan ...
14.09.2022Tranzpay.io Joins Socotra App MarketPlaceTranzpay.io joins an ecosystem of technology leaders bringing speed-to-market and agility to the insurance industry ORANGE COUNTY, CA, US, September 14, 2022 /EINPresswire.com/ -- Tranzpay.io today announced that its tranzpay app is now ava...
14.09.2022DisburseCloud Joins Socotra App MarketPlaceDisburseCloud joins an ecosystem of technology leaders bringing speed-to-market and agility to the insurance industry ORANGE COUNTY, CA, US, September 14, 2022 /EINPresswire.com/ -- DisburseCloud today announced that its Payment Disbursemen...
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