About Socure
Socure is a company based in New York (United States) founded in 2012 by Johnny Ayers. Socure has raised $650.25 million across 14 funding rounds from investors including Synchrony, SVB and KeyBank. The company has 88 employees as of March 31, 2022. Socure has completed 2 acquisitions, including Berbix and Effectiv. Socure offers products and services including RiskOS, Socure Verify, Sigma Identity Fraud, Phone RiskScores, and Predictive DocV. Socure operates in a competitive market with competitors including Onfido, IDnow, Jumio, Alloy and ION Group, among others.
- Headquarter New York, United States
- Employees 88 as on 31 Mar, 2022
- Founders Johnny Ayers
- Stage Unicorn
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Sectors
TechnologyFinancial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$650.25 M (USD)
in 14 rounds
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Latest Funding Round
$95 M (USD), Debt – Conventional
Mar 08, 2023
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Investors
Synchrony
& 21 more
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Employee Count
88
as on Mar 31, 2022
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Investments & Acquisitions
Berbix
& 1 more
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Products & Services of Socure
Socure offers a comprehensive portfolio of products and services, including RiskOS, Socure Verify, Sigma Identity Fraud, Phone RiskScores, and Predictive DocV.
Engine for real-time fraud detection and trust decisions using identity data.
Tool for verifying personal information and preventing identity fraud.
Service to assess risk of identity fraud through predictive analytics.
System for evaluating phone-related fraud risks in real time.
Platform for accurate ID document verification with liveness detection.
People of Socure
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Software Development Team
47 people
Data Analysis and Operations Team
28 people
Leadership Team
21 people
Sales and Marketing
20 people
Product Management Team
11 people
Senior Team
8 people
Human Resources and Administration
6 people
Operations Team
6 people
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Funding Insights of Socure
Socure has successfully raised a total of $650.25M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $95 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Socure
Socure has secured backing from 22 investors, including institutional and venture fund investors. Prominent investors backing the company include Synchrony, SVB and KeyBank.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on investing in multiple sectors
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Accel is recognized as a leading venture capital firm.
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Locked | Locked | Locked | |
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Venture and private equity investments are managed with global diversification.
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Locked | Locked | Locked |
Investor details for Socure
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Socure
Socure has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Berbix and Effectiv.
Investment portfolio details for Socure
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based anti-fraud and risk management solutions are offered to businesses.
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Locked | Locked | 2021 | Locked | |
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Digital IDs are authenticated securely by Berbix.
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Locked | Locked | 2018 | Locked |
Complete acquisition details for Socure
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Socure
Detailed financials for Socure
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- Profit trends
- Statement rows
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Socure Comparisons
Peer comparison for Socure
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- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Socure
Socure operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Onfido, IDnow, Jumio, Alloy and ION Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Identity verification solutions are provided, including document and biometric authentication.
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| Locked | Locked | Locked |
Automated and expert-led identity verification services are provided.
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| Locked | Locked | Locked |
AI-powered identity verification and fraud protection solutions are provided.
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| Locked | Locked | Locked |
Identity decisioning platform is provided for banks and fintech firms.
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| Locked | Locked | Locked |
Treasury management solutions are provided for financial institutions and banks.
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Detailed competitors of Socure
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Latest news on Socure
Complete news archive for Socure
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Socure
Socure was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Socure is headquartered in New York, United States. It is registered at New York, New York, United States.
Johnny Ayers is the current CEO of Socure. They have also founded this company.
Socure is a funded company, having raised a total of $650.25M across 14 funding rounds to date.
As of Mar 31, 2022, the latest employee count at Socure is 88.
Socure was founded in 2012 in New York, United States, and operates in the identity verification sector. Machine learning-based fraud detection, identity verification, onboarding, and document verification are offered through its platform. Fuzzy name matching and natural language processing tools are utilized for adverse media screening. Services are delivered to support secure user authentication and compliance processes.
Socure offers RiskOS, Socure Verify, Sigma Identity Fraud, Phone RiskScores, and Predictive DocV.
Socure has 22 investors. Key investors include Synchrony, SVB, KeyBank, J P Morgan, and Accel.
The valuation of Socure is $4.5B as of Nov 2021.