Socotra is an insurance technology platform that helps insurers accelerate product development, reduce maintenance costs, and improve customer experience.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/14/2022 | Series C | $50MM | $xx.xx | $310.26MM | 8vc, Brewer Lane Ventures, Insight Partners, Ms&Ad Ventures, Nationwide, Portage Ventures | |
Price per Share
$xx.xx
Shares Outstanding
13,872,316
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Brewer Lane Ventures, Insight Partners, Ms&Ad Ventures, Nationwide, Portage Ventures
|
||||||
02/16/2021 | Series B-2 | $11.64MM | $xx.xx | $111.93MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
7,058,598
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
01/23/2020 | Series B-1 | $1.22MM | $xx.xx | $91.61MM | 8vc, Brewer Lane Ventures, Ms&Ad Ventures, Portage Ventures | |
Price per Share
$xx.xx
Shares Outstanding
921,573
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Brewer Lane Ventures, Ms&Ad Ventures, Portage Ventures
|
||||||
01/23/2020 | Series B | $20.31MM | $xx.xx | $91.61MM | 8vc, Brewer Lane Ventures, Ms&Ad Ventures, Portage Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,639,495
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Brewer Lane Ventures, Ms&Ad Ventures, Portage Ventures
|
||||||
02/13/2019 | Series A-1 Nonvoting | $1.37MM | $xx.xx | $27.96MM | 8vc, Ms&Ad Ventures, Nationwide | |
Price per Share
$xx.xx
Shares Outstanding
1,915,304
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Ms&Ad Ventures, Nationwide
|
||||||
02/13/2019 | Series A-2 Non-Voting | $1.3MM | $xx.xx | $27.96MM | 8vc, Ms&Ad Ventures, Nationwide | |
Price per Share
$xx.xx
Shares Outstanding
1,822,060
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Ms&Ad Ventures, Nationwide
|
||||||
02/13/2019 | Series A | $15.41MM | $xx.xx | $27.96MM | 8vc, Ms&Ad Ventures, Nationwide | |
Price per Share
$xx.xx
Shares Outstanding
21,574,413
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Ms&Ad Ventures, Nationwide
|