Socotra receives $ 5 million in support for the Insurtech core platform

Socotra, a core cloud insurance platform provider, has raised $ 5.2 million following its Series A, valued at $ 5.5 million, bringing total funding to $ 18 million.

Socotra gets some money

Investors included 8VC, which also led the Series A; the venture investment arm of US insurance and financial services company Nationwide; and MS & AD Ventures, the venture arm of Japan-based insurer Mitsui Sumitomo Insurance.

Socotra is a cloud-native platform with open …

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