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Venture Capital News: Socure Nabs $100M Series D

2021-03-16
NEW YORK, NY, Socure, the leader in 100% digital identity trust, today announced a $100 million Series D round of funding.
The round was led by Accel, with participation from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others. This round brings Socure's total funding to $196 million, following a recent $35 million investment less than six months ago led by Sorenson Ventures.

Socure is the leader in digital identity verification technology for Day Zero and beyond. Its predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real-time. The company has more than 350 customers across the financial services, gaming, telecom, and eCommerce industries, including three top five banks, six top 10 card issuers, three top MSBs, multiple tier one payroll providers, the top credit bureau, and over 75 of the largest and most successful fintechs such as Varo Money, Public, Chime, and Stash.
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