Socure Growth, Revenue, Number of Employees and Funding

Overview

Location:
New York, USA
Total Funding:$67.5M
Industry:Fintech
Founded:2012
Lead Investor(s):Scale Venture Partners
Press

Industry Ranking

Growjo 10k Ranking

Revenue & Financials

  • Socure's revenue is currently $15.1M per year.
  • Socure received $30.0M in venture funding in March 2019.
  • Socure's revenue per employee is $180000
  • Socure's total funding is $67.5M.

Employee Data

  • Socure has 84 Employees.
  • Socure grew their employee count by 40% last year.
  • Socure currently has 11 job openings.

What Is Socure?

Socure provides a real-time predictive analytics platform that combines the newest forms of machine learning and artificial intelligence with digital, offline and social identity data to deliver the most accurate and robust KYC, identity verification and fraud risk prediction solution in the market. Socure deploys its advanced identity verification robot across email, phone, online/social, address, IP, physical documents and traditional offline proprietary predictors to help clients better assess identity risk and substantially increase acceptance, reduce fraud losses, and optimize manual review/step up authentication for transactions and applications in the digital world. From a single RestFul API, Socure delivers best-of-breed email, phone, and address riskScore, NAPE correlation models, overall identity fraud risk prediction, KYC/CIP, AML Watchlist and physical document verification services. Socure is a high-growth company based in NYC - Silicon Alley and we're hiring!

keywords:Data Storage,Enterprise Software,Finance,Information Security,Security,Storage

84

Number of Employees

$15.1M

Revenue (est)

11

Current Jobs

40%

Employee Growth %

$67.5M

Total Funding

N/A

Valuation

N/A

Accelerator

B2C

Type

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Socure News

28-Feb-19 - Socure raises $30 million to combat identity fraud with machine learning

That's enough to give anyone the willies, but New York-based Socure hopes to put minds at ease with its cloud-based identity verification and

7-Mar-19 - Sunil Madhu steps down as Chief Strategy Officer of Socure

Socure, a provider of identity verification and fraud prevention services, announced that company co-founder Sunil Madhu has resigned as

7-Mar-19 - Socure Raises $30 Million in Additional Financing

Identity verification and fraud prevention services provider Socure acquired $30 million in a Series C funding round led by Scale Venture

Socure Funding

DateAmountRoundLead InvestorsReference
2014-03-10$0.4MUndisclosedArticle
2014-08-28$5.6MAArticle
2014-10-29$2.5MAff Venture CapitalArticle
2015-08-06$2.5MUndisclosedff Venture CapitalArticle
2016-06-24$UndisclosedUndisclosedSantander GroupArticle
2016-12-14$13.0MUndisclosedFlint CapitalArticle
2017-08-10$13.9MBCommerce VenturesArticle
2019-03-01$30.0MCScale Venture PartnersArticle

Socure Executive Hires

DateNameTitleReference
2018-04-26Tom ThimotChief Executive OfficerArticle
2018-08-10Rhon DaguroSVP SalesArticle