Socotra, Inc.
Information AcquiredCore Systems / Policy Administration, Billing & Payments, Underwriting AI, Operations & Efficiency, Document Intelligence (via Agentic AI)
Founded 2014
HQ San Francisco, California, United States
Employees 51–100 (Source: Crunchbase, 2026)
Last Round Seed
Runway ⚠️ FLAG: Last raise was March 2022 — nearly 4 years ago. At $93.9M total raised with 51–100 employees and estimated $1–10M revenue range, this raises questions about burn rate vs. revenue growth. Mitigants: (1) ARR grew 9.5x in three years pre-Series C; (2) 40+ customers with expanding relationships (Mutual of Omaha expansion Sept 2025); (3) New product launches (Agentic AI, MCP Server) suggest active investment; (4) Small team size limits burn. Company may be approaching profitability or preparing next raise.
About
Cloud-native core insurance platform (policy administration, billing, and portals) enabling insurers to rapidly launch, manage, and scale any insurance product via open APIs and configuration
Last Round
Seed · $7M
GRAIN Score
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