Developer of a cloud-based platform intended to provide automated recurring billing and integrated reporting for technology-driven insurers. The company's software unifies underwriting, policy management, claims, reinsurance and provides insurers the ability to create and update rules and rates that reflect their evolving guidelines, enabling clients to efficiently manage the complex interactions needed throughout the life cycle of their policies.
In 2021, Socotra revenue run rate hit $8.2M in revenue.
Socotra has 0 customers.
Socotra has an annual churn rate of 0.00%
Churn vs Expansion
Socotra has 98 employees. They have 3 sales reps that carry a quota They have an engineering team of 23. and a marketing team of 1.
Total Team Size
Dan Woods is the founder and CEO of Socotra, the first modern, cloud-based platform for technology-driven insurers. Before Socotra, Dan did IT investing and portfolio management for Formation 8 Partners (now 8VC), where he specialized in data platforms and smart enterprise software. Prior to that, Dan’s depth of enterprise experience was honed over his six years with Palantir. There, Dan was an early member of the core engineering team and later transitioned to run Palantir’s partnerships, plus several deployments. He holds a MS in Computer Science from Stanford.
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Socotra was founded in 2014.
The CEO of Socotra is Dan Woods
Socotra has 98 employees.
Socotra generates $8.2M in revenue.
Socotra has raised $0.0.
Socotra is headquartered at United States
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