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Socure: Closes $35M in New Round of Funding

August 26, 2020

Socure, a NYC-based Day Zero identity verification platform, raised $35m in a new funding round
The round was led by Sorenson Ventures with participation from existing investors Commerce Ventures, Scale Venture Partners, and Flint Capital
The round also included new strategic investor participation from Citi Ventures, Wells Fargo Strategic Capital, and MVB Financial Corp
The funds will used to support Socure’s growth and enhance its machine learning capabilities
Socure provides a predictive analytics platform that applies artificial intelligence and machine-learning techniques
The company is based in NYC, with offices in San Diego, San Jose, and Chennai, India