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Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT
January 23, 2020 08:00 ET | Socotra
SAN FRANCISCO, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new...
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Vouch uses Socotra’s cloud-based platform to launch insurance products tailored for high-growth startups
January 16, 2020 08:00 ET | Socotra
SAN FRANCISCO, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Vouch, the San Francisco-based insurance platform specializing in business insurance for startups, chose Socotra, the first cloud-native insurance...
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Nationwide launches new digital insurance product on Socotra
December 11, 2019 08:00 ET | Socotra
SAN FRANCISCO, Dec. 11, 2019 (GLOBE NEWSWIRE) -- Nationwide Mutual Insurance Company, one of the largest insurance and financial services companies in the U.S., has chosen Socotra as the core system...
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InsurTech Socotra Closes $5.2 Million Led by Venture Firm 8VC with Insurers Nationwide and Mitsui Sumitomo
February 12, 2019 12:00 ET | Socotra
SAN FRANCISCO, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Socotra, creator of the first cloud-native, productized insurance core platform, announced today that it has raised an additional $5.2 million in...
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Innovative Life Insurance Startup for Adventurers Chooses Socotra for Increased Flexibility and Agility
October 16, 2018 13:07 ET | Socotra
SAN FRANCISCO, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Socotra, creator of the first cloud-native, productized insurance core platform, announced today that Life by Spot, a direct-to-consumer life...
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Startup Socotra Closes Nearly $6 Million Series A with 8VC to Modernize Insurance Technology
September 24, 2018 09:00 ET | Socotra
SAN FRANCISCO, Sept. 24, 2018 (GLOBE NEWSWIRE) -- Socotra, creator of the first cloud-native, productized insurance core platform, announced today they have raised $5.5 million in a Series A funding...
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InsurTechs Team up to Deliver First-of-its-Kind Digital Insurance Experience of the Future
April 11, 2018 14:02 ET | Socotra
SAN FRANCISCO, April 11, 2018 (GLOBE NEWSWIRE) -- Socotra, creator of the first cloud-native, productized insurance core platform, announced today that it has partnered with Coya, a Berlin-based...
USAA Invests in Comprehensive Cloud-Native Insurance Core System Socotra
February 23, 2018 12:00 ET | Socotra
SAN FRANCISCO, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Socotra, creator of the first cloud-based, productized insurance core platform, announced today a strategic investment from a subsidiary of financial...