Socure: Raises $30M

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Socure: Raises $30M in Additional Financing to Identify the Human Race

  • Series C Round Doubles Funding Following Breakthrough Business Results in 2018 for AI-based Digital Identity Verification Platform
  • Previous investors participating in the round include Commerce Ventures, Flint Capital, Two Sigma Ventures and Synchrony
  • The company announced that Rory O’Driscoll, partner at Scale Venture Partners, is joining its board of directors
  • This investment brings Socure’s total funding to $57.5 million
  • The company use the new funding to accelerate its market expansion through new investments in sales, marketing, research & development
  • Vision is to identify the human race and eliminate 3rd party identity fraud and mission is to become the single trusted source of identity verification