Socure Overview
- Founded
- 2012
- Status
- Private
- Employees
- 125
- Latest Deal Type
- Series C1
- Latest Deal Amount
- $35M
- Investors
- 28
Socure General Information
Description
Developer of a digital identity authentication platform designed to mitigate identity fraud risks for financial institutions. The company's platform is based on artificial intelligence and machine learning that integrates predictive analysis with digital, offline and social identity data to determine the authenticity of user identity and deliver fraud risk prediction, enabling organizations to reduce fraud rates, increase acceptance rates as well as lower compliance and manual review costs.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Network Management Software
Other Industries
Business/Productivity Software
Primary Office
- 330 7th Avenue
- Suite 201
- New York, NY 10001
- United States
+1 (866) 000-0000
Socure Timeline
Socure Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC (Series C1) | 25-Aug-2020 | $35M | 0000 | 00000 | Completed | Generating Revenue |
| 7. Secondary Transaction - Private | 0000 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 28-Feb-2019 | 0000 | 0000 | 00000 | Completed | Startup |
| 5. Early Stage VC (Series B) | 09-Aug-2017 | 000.00 | 0000 | 0000 | Completed | Startup |
| 4. Early Stage VC (Series A1) | 13-Dec-2016 | 0000 | 000.00 | 0000 | Completed | Startup |
| 3. Debt - General | 04-Aug-2015 | 00.00 | 00.000 | Completed | Startup | |
| 2. Early Stage VC (Series A) | 28-Oct-2014 | $4.3M | $4.65M | 0000 | Completed | Startup |
| 1. Mezzanine | 07-Mar-2014 | $350K | $350K | Completed | Startup |
Socure Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C1 | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series C | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.00 |
| Series B | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A1 | 26,366,077 | $0.000100 | 6% | $0.37 | $0.37 | 1x | $0.37 | 11.47% |
| Series A | 24,668,653 | $0.000100 | 6% | $0.23 | $0.23 | 1x | $0.23 | 10.73% |
Socure Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a digital identity authentication platform designed to mitigate identity fraud risks for financial institut
Network Management Software
New York, NY
125
As of 2020
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Budapest, Hungary
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Chandler, AZ
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Add Comparison
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Request a free trialSocure Competitors (42)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SEON Technologies | Venture Capital-Backed | Budapest, Hungary | 00 | 00.000 | 000000000 | 00.000 |
| 00000000 | Formerly VC-backed | Chandler, AZ | 000 | 000.00 | 000000&0 | 000.00 |
| 0000000 | Venture Capital-Backed | Vancouver, Canada | 000 | 000.00 | 00000000000 | 000.00 |
| 000000000 | Venture Capital-Backed | Tel Aviv, Israel | 000 | 00000 | 00000000000 | 00000 |
| 00000000 | Formerly VC-backed | Palo Alto, CA | 00 | 0000 | 000000&0 | 0000 |
Socure Executive Team (12)
Socure Board Members (11)
| Name | Representing | Role | Since |
|---|---|---|---|
| Dan Rosen | Socure | Board Member | 000 0000 |
| John Frankel | ff Venture Capital | Board Member | 000 0000 |
| Pavlo Protopapa | Self | Board Member | 000 0000 |
| Rory O'Driscoll | Scale Venture Partners | Board Member | 000 0000 |
| Sergey Gribov | Flint Capital | Board Member | 000 0000 |
Socure Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialSocure Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Abundance Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Citi Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| MVB Financial | Holding Company | Minority | 000 0000 | 000000 0 | |
| Wells Fargo Strategic Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
| Alpha Partners | Venture Capital | Minority | 000 0000 | 000000 0 |