Socure

Nevada-based identity verification and fraud prevention startup Socure raised $156M at a $5.2B valuation and acquires Austin-based agentic AI startup Fravity

Nevada-based identity verification and fraud prevention startup Socure raised $156M at a $5.2B valuation and acquires Austin-based agentic AI startup Fravity

Identity verification and fraud prevention company Socure announced Thursday that it raised $156 million in a strategic growth investment valuing it at $5.2 billion.

Socure, a digital identity verification company, says bad actors are increasingly using social media selfies and generative AI to create more realistic fake ids

Julie Zhu / Bloomberg :

Identity verification service provider Socure agrees to acquire Effectiv, which helps businesses manage fraud prevention tools, for $136M in cash and equity

Emily Mason / Bloomberg :

Sources: Instacart, Databricks, and Socure are among the candidates expected to launch IPOs by 2024, as Arm's upcoming IPO is set to gauge investors' sentiment

Instacart, Databricks and Socure are among the private tech companies reconsidering a stock market flotation

Nevada-based identity verification startup Socure acquires rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020

Frederic Lardinois / TechCrunch :

Socure, a cloud-based identity verification and fraud prevention startup, raises a $450M Series E led by Accel and T. Rowe Price at a $4.5B valuation

Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price.

Socure, a cloud-based identity verification and fraud prevention startup, raises $100M led by Accel at a $1.3B valuation

Socure, a cloud-based identity verification and fraud prevention startup, raises $35M led by Sorenson Ventures, bringing its total raised to $96M

Kyle Wiggers / VentureBeat :