Socotra: Raised $5.2 million in funding on the heels of its $5.5 million Series A

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Socotra: Raised $5.2 million in funding on the heels of its $5.5 million Series A

  • Socotra gets some funding Investors included 8VC led the Series A
  • The venture investment arm of US insurance and financial services provider Nationwide
  • Socotra is a cloud-native platform with open configuration and APIs which provides the core technologies to build “tailored insurance on top”
  • Nationwide and MS&AD join previous investors 8VC Founders Fund, Greenoaks Capital, SciFi VC, and SV Angel
  • Subsidiary of USAA and Vulcan Capital invested in a seed round and again in Socotra’s Series A