When was Socure founded?

Socure was founded in 2012 and became a unicorn in 2021, reaching the milestone in 9 years. It raised its 1st funding round 1 year after its incorporation.

Where is Socure located?

Socure is headquartered in New York City, United States.

Which legal entities is Socure associated with?

Socure is associated with Socure Inc. and 2 others.

How many employees does Socure have?

As of Sep 30, 2026, the latest employee count at Socure is 660.

Is Socure a funded company?

Socure is a funded company, having raised a total of $650M across 15 funding rounds to date. The company's 1st funding round was a $600K Seed round, raised on Feb 12, 2013.

How much is Socure worth?

The latest valuation of Socure is $5.2B as of Aug 27, 2026.

When was the latest funding round of Socure?

Socure's latest funding was a Series E round on Aug 27, 2026, with participation from 4 investors. Its primary sector is Artificial Intelligence. In United States, the Artificial Intelligence sector has seen $346B in funding in 2026 to date.

Is Socure a Artificial Intelligence company?

The primary sectors of Socure are Artificial Intelligence, Cybersecurity, Banking Tech and RegTech.

Where does Socure rank among its competitors?

Socure ranks 10th amongst 624 active competitors, of which 143 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Socure, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of Socure?

Socure's top competitors include Quantexa, Fenergo and NICE Actimize. Among them, Socure secured the most recent funding round in August, 2026.

Socure - 2026 Company Profile, Team, Funding & Competitors

Socure is a series E company based in New York City (United States), founded in 2012 by Sunil Madhu and Craig Swanepoel. It operates as a Provider of AI based platform offering identity verification. Socure has raised $650M in funding from investors like Accel, ff Venture Capital and Summit Partners, with a current valuation of $5.2B. The company has 624 active competitors, including 143 funded and 99 that have exited. Its top competitors include companies like Quantexa, Fenergo and NICE Actimize.

Sectors and market segments that Socure operate in

Socure serves in the Native AI, FinTech market segments.The primary business model of Socure are:

Company Details

Provider of AI based platform offering identity verification. It provides users with products such as machine learning-based fraud detection, identity verification, onboarding, document verification, and more. It also features fuzzy name matching and natural language processing tools for adverse media screening.

Website: www.socure.com/
Social
Email ID: *****@socure.com
Phone Number: +1 **********

Key Metrics

Founded Year

2012

Location

New York City, United States

Stage

Series E

Total Funding

$650M in 15 rounds

Latest Funding Round

Series E, Aug 27, 2026, Undisclosed

Post Money Valuation

$5.2B as on Aug 27, 2026

Investors

Accel & 47 more

Ranked

10^th among 624 active competitors

Employee Count

660 as on Sep 30, 2026

Investment & Acquisitions

Fravity & 2 more

Similar Companies

Cleo & 3249 more

View Socure's full profile

Socure is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Socure Inc. CIN: 5203332 , United States, Active	Aug 23, 2012	-	-	-
SOCURE INDIA PRIVATE LIMITED CIN: U72900TN2018FTC120653 , India, Active	Jan 24, 2018	₹10 - ₹50 Cr (As on Mar 31, 2025)	97 (As on Aug 31, 2025)
Socure Inc. CIN: 5203332 , United States, Active	Aug 23, 2012	-	4 (As on Apr 30, 2018)	-

Socure has raised a total funding of $650M over 15 rounds. Its first funding round was on Feb 12, 2013. Its latest funding round was a Series E round on Aug 27, 2026 for an undisclosed amount. 4 investors participated in its latest round. Socure has 48 institutional investors.

Here is the list of recent funding rounds of Socure:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 27, 2026	Undisclosed	Series E	$5.2B	-	Summit Partners	Goldman Sachs, Wells Fargo, DocuSign
Mar 08, 2023	$95M	Conventional Debt	-	-	-	SVB, KeyBank, J P Morgan
Nov 09, 2021	$450M	Series E	$4.5B	-	Accel, T. Rowe Price	Bain Capital Ventures, Tiger Global Management, Commerce Ventures, Sorenson Capital, Scale Up Venture Capital

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View details of Socure's funding rounds and investors

The founders of Socure are Sunil Madhu and Craig Swanepoel.

Here are the details of Socure's key team members:

Sunil Madhu: Former Co-Founder of Socure and founder of 3 other companies, Instnt, Instnt and Hopskoch. They serve on the board of 1 company.
Contact Info: 2 email addresses
Craig Swanepoel: Co Founder of Socure.

Socure's Board of Directors

Socure's board has 16 active members. Alessandro Piol, Amit Jhawar, Sunil Madhu, Dan Rosen, Philip E, Oscar Salazar, Rory O'Driscoll, Avi Aronovitz, John F. Frankel, Thomas Thimot, Samuel Leinhardt, Bradley Leinhardt, Pavlo Protopapa, John Locke, John Ayers and Sergey Gribov are independent board members.

Here is the list of Socure's board of directors:

Name	Type	Representing	Status	Duration
Alessandro Piol	Independent board member	-	Current	12y 2m
Amit Jhawar	Independent board member	-	Current	5y 7m
Sunil Madhu	Independent board member	-	Current	13y 8m
Dan Rosen	Independent board member	-	Current	7y 8m
Philip E	Independent board member	-	Current	13y 8m
Oscar Salazar	Independent board member	-	Current	13y 8m
Rory O'Driscoll	Independent board member	-	Current	7y 8m
Avi Aronovitz	Independent board member	-	Current	9y 2m
John F. Frankel	Independent board member	-	Current	11y 3m
Thomas Thimot	Independent board member	-	Current	7y 8m
Samuel Leinhardt	Independent board member	-	Current	13y 8m
Bradley Leinhardt	Independent board member	-	Current	13y 8m
Pavlo Protopapa	Independent board member	-	Current	12y 2m
John Locke	Independent board member	-	Current	4y 11m
John Ayers	Independent board member	-	Current	12y 2m
Sergey Gribov	Independent board member	-	Current	9y 2m

View details of Socure's Founder profiles and Board Members

Socure's employee count trend

Socure has 660 employees as of Sep 26. Here is Socure's employee count trend over the years:

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Top competitors of Socure include Quantexa, Fenergo and NICE Actimize. Here is the list of Top 10 competitors of Socure, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quantexa 2016, London (United Kingdom), Series F	Provider of decision intelligence software for connecting fragmented enterprise data	$545M	GIC, Dawn Capital & 14 others	73/100
2nd	Fenergo 2009, Dublin (Ireland), Acquired	Cloud based KYC and AML management software	$181M	Ergo, Abn Amro & 26 others	72/100
3rd	NICE Actimize 1999, Hoboken (United States), Acquired	Provider of AI-driven anti-money laundering and fraud detection solutions	$24M	Giza Venture Capital, FTV Capital & 3 others	72/100
4th	HyperVerge 2014, Bengaluru (India), Seed	Provider of end-to-end KYC software and identity verification solutions	$1.55M	New Enterprise Associates, IKP Knowledge Park ... & 6 others	72/100
5th	Digio 2016, Bengaluru (India), Series A	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
6th	AuthBridge 2005, Gurugram (India), Series B	Provider of identity verification, employee screening, and due diligence platform	$11.2M	Phi Capital, Infinity Alternatives & 47 others	72/100
7th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$85.7M	Blume Venture, New Enterprise Associates ... & 41 others	71/100
8th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 12 others	70/100
9th	BioCatch 2011, Tel Aviv (Israel), Acquired	Provider of behavioral biometrics cybersecurity solutions	$253M	Sapphire Ventures, Maverick Ventures & 33 others	69/100
10th	Socure 2012, New York City (United States), Series E	Provider of AI based platform offering identity verification	$650M	Section Partners, T. Rowe Price & 46 others	68/100

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Socure has acquired 3 companies including Fravity, Effectiv and Berbix. Socure has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 27, 2026	Acquisition	Fravity	2025	Liberty Hill (United States)
Oct 24, 2024	Acquisition	Effectiv	2021	San Francisco (United States)
Jun 27, 2023	Acquisition	Berbix	2018	Sacramento (United States)