Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly.See plans and pricing.See plans →
Socure secures a strategic growth investment valuing the company at $5.2B, led by Summit Partners with participation from Goldman Sachs Alternatives, Wells Fargo, and Docusign.
Socure, a leader in trust infrastructure for global identity and risk intelligence, announced a strategic growth investment. This investment values the company at $5.2 billion and facilitates the acquisition of Fravity, an agentic platform that automates fraud and risk operations. The investment was led by Summit Partners, with Goldman Sachs Alternatives, Wells Fargo, Docusign, and others participating. The funding will help Socure enhance its infrastructure and expand its operations.
Company Information
Company
Socure
Location
885 Tahoe Blvd. , Suite 1
Incline Village, Nevada, United States
About
The company plans to use the funds in two ways — to execute on its mission to “verify 100% of good identities and completely eliminate identity fraud” and to increase its investments “across the entire identity verification lifecycle,” further developing proofing and authentication processes, per Ayers. He added that the company is also expanding its partnerships with state and federal government actors to help them invest in digital identity technology after hiring a new head of its public sector business last month.
Don't miss Socure's next move
Get an email the moment Socure raises, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
Suggested for you
2 contacts
Verified contacts18 people are listed at Socure. We don't have their email yet.
Incline VillageOtherInformation TechnologySoftware