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Socotra raises $50m in Series C funding

San Francisco based core platform for insurtech companies raised $50m in Series C funding led by Insight Partners. 

"Socotra is a truly next-generation platform, which allows customers to embrace cloud-native software via APIs and a microservices architecture. This innovation improves speed of delivery and reduces total cost of ownership for innovative insurers who want to launch new products or rearchitect existing lines of business."

Tags

insurtech, software