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 Jul 31, 2026, the latest employee count at Socure is 613.

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 $4.5B as of Nov 09, 2021.

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 $313B in funding in 2026 to date.

Is Socure a Artificial Intelligence company?

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

Where does Socure rank among its competitors?

Socure ranks 17th amongst 629 active competitors, of which 154 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 Cashfree Payments, M2P Fintech and Jumio. Among them, Socure secured the most recent funding round in August, 2026.

Socure - 2026 Company Profile, Team, Funding & Competitors

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

$4.5B as on Nov 09, 2021

Investors

Accel & 46 more

Ranked

17^th among 629 active competitors

Employee Count

613 as on Jul 31, 2026

Investment & Acquisitions

Fravity & 2 more

Similar Companies

Cleo & 3256 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	Documents
Socure Inc. CIN: 5203332 , United States, Active	Aug 23, 2012	-	4 (As on Apr 30, 2018)	-
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 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 47 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	-	-	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, Dan Rosen, Sunil Madhu, Philip E, Oscar Salazar, Amit Jhawar, Rory O'Driscoll, Avi Aronovitz, John F. Frankel, John Ayers, Thomas Thimot, Samuel Leinhardt, Sergey Gribov, Bradley Leinhardt, Pavlo Protopapa and John Locke 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 0m
Dan Rosen	Independent board member	-	Current	7y 6m
Sunil Madhu	Independent board member	-	Current	13y 6m
Philip E	Independent board member	-	Current	13y 6m
Oscar Salazar	Independent board member	-	Current	13y 6m
Amit Jhawar	Independent board member	-	Current	5y 5m
Rory O'Driscoll	Independent board member	-	Current	7y 6m
Avi Aronovitz	Independent board member	-	Current	9y 0m
John F. Frankel	Independent board member	-	Current	11y 1m
John Ayers	Independent board member	-	Current	12y 0m
Thomas Thimot	Independent board member	-	Current	7y 6m
Samuel Leinhardt	Independent board member	-	Current	13y 6m
Sergey Gribov	Independent board member	-	Current	9y 0m
Bradley Leinhardt	Independent board member	-	Current	13y 6m
Pavlo Protopapa	Independent board member	-	Current	12y 0m
John Locke	Independent board member	-	Current	4y 9m

View details of Socure's Founder profiles and Board Members

Socure's employee count trend

Socure has 613 employees as of Jul 26. Here is Socure's employee count trend over the years:

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Top competitors of Socure include Cashfree Payments, M2P Fintech and Jumio. 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	Cashfree Payments 2015, Bengaluru (India), Series C	Provider of payment gateway and payouts, and identity verification services	$100M	SBI, Apis Partners & 15 others	75/100
2nd	M2P Fintech 2014, Chennai (India), Series D	Provider of APIs enabling banking, lending, and payment financial services	$188M	8i Ventures, Beenext & 63 others	74/100
3rd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
4th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
5th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.4M	Blume Venture, New Enterprise Associates ... & 40 others	71/100
6th	Fenergo 2009, Dublin (Ireland), Acquired	Cloud based KYC and AML management software	$181M	Ergo, Abn Amro & 26 others	70/100
7th	FinBox 2015, Bengaluru (India), Series B	Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending	$51.1M	WestBridge Capital, IIFL Finance & 25 others	70/100
8th	NICE Actimize 1999, Hoboken (United States), Acquired	Provider of AI-driven anti-money laundering and fraud detection solutions	$24M	Viola Group, Giza Venture Capital & 3 others	70/100
9th	HyperVerge 2014, Bengaluru (India), Seed	Provider of end-to-end KYC software and identity verification solutions	$1M	Milliways Ventures, New Enterprise Associates ... & 6 others	68/100
10th	Microblink 2013, London (United Kingdom), Series A	Platform offering card scanning apps-based consumer payments	$60M	Silversmith	68/100
17th	Socure 2012, New York City (United States), Series E	Provider of AI based platform offering identity verification	$650M	Section Partners, T. Rowe Price & 45 others	66/100

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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)