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Founded Year

2014

Stage

Series C | Alive

Total Raised

$47.06M

Last Raised

$12.86M | 5 mos ago

About Socotra

Socotra is a cloud-based, productized insurance core platform that enables carriers to easily and efficiently manage complex interactions throughout the lifecycle of policies, whether single line, single state or multi-line, multi-country. The platform supports underwriting, policy administration, claims, billing, reporting, and more.

Socotra Headquarter Location

33 New Montgomery Street Suite 290

San Francisco, California, 94105,

United States

650-353-5713

Latest Socotra News

Every support counts – GulfToday

Aug 1, 2021

Every support counts – GulfToday Socotra is the largest of the four islands in the Socotra archipelago and is the territory near major shipping routes and is officially part of Yemen. The Yemeni crisis began with the 2011–12 revolution against President Ali Abdullah Saleh, who had led Yemen for more than three decades (33 years). The people of Yemen need humanitarian aid desperately to lift them out of their dire conditions and this is where the UAE has rushed in to help — tremendously (“$110m UAE assistance boosts Socotra’s economic growth,” Gulf Today, August 1). The UAE’s aid helped restore Socotra’s airport, enabling it to serve the process of development and facilitating transport to and from the island. The assistance given by the UAE over six years amounted to $110 million. The aid has helped dramatically improve living conditions of the people of Socotra. According to Wikipedia in 2004, it became attached to the Hadhramaut Governorate, which is much closer to the island than Aden (although the nearest governorate was the Al Mahrah Governorate). In 2013, the archipelago became its own governorate: Socotra Governorate. The UAE’s aid helped restore Socotra’s airport, enabling it to serve the process of development and facilitating transport to and from Middle East

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Research containing Socotra

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Socotra in 1 CB Insights research brief, most recently on Aug 27, 2020.

Expert Collections containing Socotra

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Socotra is included in 5 Expert Collections, including P+C Insurance Tech.

P

P+C Insurance Tech

188 items

I

InsurTech

1,627 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

P

P&C Claims Management Value Chain

128 items

F

Fintech

6,974 items

US-based companies

F

Fintech 250 (2020)

250 items

250 of the top fintech companies transforming financial services

Socotra Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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