FinTechFunding

Socure: Closes $35M in New Round of Funding

  • 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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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