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Insurtech Socotra Raises $5.5 Million Series A

Socotra has raised $5.5 million in a Series A funding round bringing total raised for to date to $12.8 million for the Insurtech startup. 8VC led the funding round with 8VC founding partner, Joe Lonsdale joining the Socotra board. Previous investors in Socotro include Founders Fund, Greenoaks Capital, SciFi VC, SV Angel, Tuesday Capital (formerly CrunchFund) and Vulcan Capital.