Socure Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 450

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 52

Socure General Information

Description

Developer of a digital identity verification platform designed to verify identities and eliminate identity fraud on the internet. The company's platform applies artificial intelligence and machine learning techniques to verify every element of identity, inclusive of government documents, email, phone, address, internet protocol, device, date of birth, and social security number, enabling organizations to reduce fraud rates, increase acceptance rates as well as lower compliance and manual review costs.

Contact Information

Website
www.socure.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 885 Tahoe Boulevard
  • Suite 1
  • Incline Village, NV 89451
  • United States
Primary Industry
Financial Software
Other Industries
Network Management Software
Corporate Office
  • 885 Tahoe Boulevard
  • Suite 1
  • Incline Village, NV 89451
  • United States

Socure Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Socure Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Later Stage VC 01-Jan-2025 Completed Generating Revenue
12. Debt - General 10-Mar-2023 Completed Generating Revenue
11. Secondary Transaction - Private 22-Dec-2021 Completed Generating Revenue
10. Later Stage VC (Series E) 09-Nov-2021 Completed Generating Revenue
9. Later Stage VC (Series D) 12-Apr-2021 Completed Generating Revenue
8. Later Stage VC (Series C1) 25-Aug-2020 Completed Generating Revenue
7. Secondary Transaction - Private Completed Startup
6. Later Stage VC (Series C) 28-Feb-2019 Completed Startup
5. Later Stage VC (Series B) 09-Aug-2017 $13.9M $34M Completed Startup
4. Early Stage VC (Series A1) 13-Dec-2016 $13M $20.1M Completed Startup
To view Socure’s complete valuation and funding history, request access »

Socure Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E
Series D
Series C1
Series C
Series B
Series A1 26,366,077 $0.000100 6% $0.37 $0.37 1x $0.37 9.41%
Series A 24,668,653 $0.000100 6% $0.23 $0.23 1x $0.23 8.81%
To view Socure’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Socure Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital identity verification platform designed to verify identities and eliminate identity fraud on the
Financial Software
Incline Village, NV
450 As of 2022

San Francisco, CA
 

New York, NY
 
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Socure Competitors (40)

One of Socure’s 40 competitors is Sift (Network Management Software), a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Sift (Network Management Software) Venture Capital-Backed San Francisco, CA
Forter Venture Capital-Backed New York, NY
NoFraud Private Equity-Backed New York, NY
Verafin Formerly PE-Backed Saint John's, Canada
SentiLink Venture Capital-Backed San Francisco, CA
You’re viewing 5 of 40 competitors. Get the full list »

Socure Patents

Socure Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4567744-A1 Generative ai system and method for key and value pair information extraction from documents Pending 05-Dec-2023
US-20250182513-A1 Generative ai system and method for key and value pair information extraction from documents Pending 05-Dec-2023
EP-4542476-A1 System and method for detecting and mitigating real-time fraud attacks using aggregated consortium data for transactions Pending 18-Oct-2023
US-20250131435-A1 System and method for detecting and mitigating real-time fraud attacks using aggregated consortium data for transactions Pending 18-Oct-2023
EP-4535225-A1 Generative system and method for enhancing readability of barcodes using frequency guided computer vision Pending 04-Oct-2023 G06N3/08
To view Socure’s complete patent history, request access »

Socure Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Socure Investors (52)

Investor Name Investor Type Holding Investor Since Participating Rounds
Falcon Peak Capital Venture Capital Minority
Palo Alto Growth Capital Growth/Expansion Majority
REV Venture Partners Corporate Venture Capital Minority
Versatile Venture Capital Venture Capital Minority
Zain S Hasan Charitable Remainder Trust Other Minority
You’re viewing 5 of 52 investors. Get the full list »

Socure Acquisitions (2)

Socure’s most recent deal was a Merger/Acquisition with Effectiv for . The deal was made on 24-Oct-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Effectiv 24-Oct-2024 Merger/Acquisition Network Management Software
Berbix 24-Feb-2023 Merger/Acquisition Business/Productivity Software
To view Socure’s complete acquisitions history, request access »

Socure FAQs

  • When was Socure founded?

    Socure was founded in 2012.

  • Where is Socure headquartered?

    Socure is headquartered in Incline Village, NV.

  • What is the size of Socure?

    Socure has 450 total employees.

  • What industry is Socure in?

    Socure’s primary industry is Financial Software.

  • Is Socure a private or public company?

    Socure is a Private company.

  • What is Socure’s current revenue?

    The current revenue for Socure is .

  • How much funding has Socure raised over time?

    Socure has raised $744M.

  • Who are Socure’s investors?

    Falcon Peak Capital, Palo Alto Growth Capital, REV Venture Partners, Versatile Venture Capital, and Zain S Hasan Charitable Remainder Trust are 5 of 52 investors who have invested in Socure.

  • Who are Socure’s competitors?

    Sift (Network Management Software), Forter, NoFraud, Verafin, and SentiLink are some of the 40 competitors of Socure.

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