Socure
Founded Year
2012Stage
Unattributed VC | AliveTotal Raised
$743.25MRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+13 points in the past 30 days
About Socure
Socure is a platform in the digital identity verification and trust sector, utilizing artificial intelligence and machine learning within the financial services, government, gaming, healthcare, telecom, and e-commerce industries. The company offers a predictive analytics platform that employs AI and machine learning techniques to verify identities in real time, using online and offline data intelligence such as email, phone, address, intellectual property, device, and velocity. Socure's clientele includes a range of sectors, primarily focusing on financial services, government, and technology-driven industries. It was founded in 2012 and is based in Incline Village, Nevada.
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Socure's Product Videos
ESPs containing Socure
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The identity verification market focuses on providing technologies and processes to verify the identities of individuals in both online and offline interactions, as well as prevent identity fraud. These solutions cater to a wide variety of industries and include new account and also synthetic fraud prevention, which involve bad actors stealing all or part of a person’s information to open new acco…
Socure named as Leader among 15 other companies, including SAP, Ping Identity, and Onfido.
Socure's Products & Differentiators
Socure KYC
Socure KYC automates customer identity verification, enabling businesses to auto-approve up to 98% of customers while satisfying compliance requirements. KYC is powered by the industry-leading ID graph and uses advanced ML and search analytics to achieve the highest match accuracy in the industry including Gen Z, millennials, credit invisible, new to country and thin file consumers. Socure offers the deepest multi-dimensional view of any consumer along with detailed risk and reason codes for each identity element that provide actionable intelligence.
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Research containing Socure
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Socure in 11 CB Insights research briefs, most recently on Jan 14, 2025.
Jan 14, 2025 report
State of Fintech 2024 Report
Mar 14, 2024
The retail banking fraud & compliance market map
Jan 4, 2024
The core banking automation market map
Aug 14, 2023
The cookieless targeting market map
Expert Collections containing Socure
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Socure is included in 13 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
Regtech
1,921 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Fintech 100
997 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
AI 100
99 items
Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.
Digital Lending
2,577 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Payments
3,134 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Socure Patents
Socure has filed 18 patents.
The 3 most popular patent topics include:
- payment systems
- machine learning
- data management
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/4/2023 | 1/16/2024 | Barcodes, Diagrams, Typography, Software design patterns, Identifiers | Grant |
Application Date | 10/4/2023 |
|---|---|
Grant Date | 1/16/2024 |
Title | |
Related Topics | Barcodes, Diagrams, Typography, Software design patterns, Identifiers |
Status | Grant |
Latest Socure News
Mar 31, 2025
SocureGov Achieves FedRAMP Authorization Jordan Burris / LinkedIn Artificial intelligence tech provider Socure has secured a Federal Risk and Authorization Management Program moderate authorization for its Socure For Government , or SocureGov, platform. With the FedRAMP certification, government agencies can access advanced digital identity proofing and fraud prevention capabilities to deliver a secure verification process for the American public, Socure said Thursday. The platform’s AI tools enable customers to address identity fraud and improper payments while delivering security and service at scale. Identity and Fraud Prevention Tech SocureGov’s FedRAMP authorization highlights the company’s commitment to using innovative identity verification technology to protect the United States and eliminate taxpayer fraud losses, according to Jordan Burris , head of public sector at Socure. “We stand at a defining moment in identity and fraud prevention—an inflection point where complacency is no longer an option. The adversaries are advancing, but so are we,” he explained. Enhancing Government’s Online Services SocureGov allows public sector agencies to auto-approve more eligible individuals, prevent more fraudulent activities, reduce manual reviews and unnecessary video referee costs, and fully automate their document verification predictive analytics platform. It employs AI and machine learning techniques to analyze an individual’s digital identity and verify identities and bank accounts in real time while preventing fraud. The system supports federal agencies’ mission to combat fraud and improve the delivery of online services. Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Artificial Intelligence Join Us Now
Socure Frequently Asked Questions (FAQ)
When was Socure founded?
Socure was founded in 2012.
Where is Socure's headquarters?
Socure's headquarters is located at 885 Tahoe Boulevard, Incline Village.
What is Socure's latest funding round?
Socure's latest funding round is Unattributed VC.
How much did Socure raise?
Socure raised a total of $743.25M.
Who are the investors of Socure?
Investors of Socure include Liquid 2 Ventures, SVB Financial Group, KeyBanc Capital Markets, J.P. Morgan, Commerce Ventures and 27 more.
Who are Socure's competitors?
Competitors of Socure include ZignSec, Deduce, Identomat, Daon, Bureau and 7 more.
What products does Socure offer?
Socure's products include Socure KYC and 4 more.
Who are Socure's customers?
Customers of Socure include Betterment, Lili and Public.
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Compare Socure to Competitors
Veriff specializes in artificial intelligence (AI) powered identity verification within the fraud prevention and compliance sectors. The platform offers services to verify user identities, which are used to prevent fraud and ensure compliance with regulations. Veriff's solutions are utilized across various industries, including financial services, mobility, crypto, gaming, education, and healthcare. It was founded in 2015 and is based in Tallinn, Estonia.
Tactical Information Systems provides complete identity solutions that meet the needs of governments, law enforcement, border security and identity communities. BeehiveID is face recognition software for identity authentication & verification.
HYPR specializes in identity security and passwordless authentication solutions within the cybersecurity industry. The company offers an identity assurance platform that includes passwordless multi-factor authentication, risk policy orchestration, and identity verification services. HYPR's solutions cater to various sectors, including financial services, critical infrastructure, and retail, aiming to enhance security and user experience. It was founded in 2014 and is based in New York, New York.
BIOWATCH focuses on wearable biometric authentication technology within the security and access control industry. Their product, LeBracelet, serves as an alternative to traditional forms of authentication like badges, cards, and passwords with a wrist-worn device that allows access to various systems and services. The company serves sectors that require secure access control solutions, including corporate environments, financial services, and personal security. It was founded in 2015 and is based in Lausanne, Switzerland.
Trulioo focuses on global online identity verification and operates within the technology and security sectors. The company offers services such as individual and business identity verification, watchlist screening, and identity document verification, all aimed at ensuring know-your-customer (KYC) and know-your-business (KYB) compliance. Trulioo primarily serves sectors such as banking, cryptocurrency, online trading, and wealth management. It was founded in 2011 and is based in Vancouver, Canada.
Prove Identity focuses on digital identity verification and authentication across several business sectors. The company provides services such as consumer verification, identity management, and passwordless authentication solutions. Prove's services are applicable to industries like banking, healthcare, insurance, and e-commerce. Prove Identity was formerly known as Payfone. It was founded in 2008 and is based in New York, New York.
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