Socure Raises $156M Growth Capital at $5.2B Valuation

Socure, an Incline Village, Nevada-based identity verification and fraud prevention software company, has raised $156 million in a strategic growth investment. This funding round values the company at $5.2 billion and brings its total disclosed funding since its 2012 inception to over $742 million.

Investors

The round was led by Summit Partners. Additional participants included Goldman Sachs Alternatives, Wells Fargo, and Docusign.

Socure Use of Funds

Socure plans to use the new capital to support its ongoing growth and to integrate the technology of Fravity, an agentic AI startup it is simultaneously acquiring, into its RiskOS platform. The integration will introduce RiskOS_Agents to automate labor-intensive fraud, risk, and compliance investigations.

About Socure

Founded in 2012 by Johnny Ayers, Socure provides an AI and machine learning platform that helps banks, fintech companies, and government agencies verify identities. Its software enables organizations to instantly approve real customers while detecting and preventing sophisticated fraud.

Funding Details

Company Website: https://socure.com

Company: Socure
Raised: $156M
Round: Growth Capital
Funding Date: August 27, 2026
Lead Investor: Summit Partners
Additional Investors: Goldman Sachs Alternatives, Wells Fargo, Docusign
Company Website: https://www.socure.com
Software Category: Fraud Prevention and Identity Verification
Source: https://news.crunchbase.com/venture/socure-raises-acquires-agentic-ai-startup-fravity/