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Socure Raises $450 Million in Round Led by Accel and T. Rowe Price
By Arnaud PETIT access_time 1 min read

What Socure is and what does it do?

New York-based Socure is a digital ID verification startup, whose customers include betting company DraftKings and fintech Chime. The company said last month new clients more than tripled in Q3.

Who founded Socure?

Johnny Ayers founded the company in 2012 and remains its CEO to this day.

How much has Socure raised?

$450 million, this very number turns it into one of the most valued ventures in the digital verification sector. It sets its valuation at $4.5 billion, following a stellar growth in the sector of online security space.

Who has invested in Socure?

Along with Accel and T. Rowe Price, two new investors, Bain Capital Ventures, Tiger Global, and existing investors Commerce Ventures, Scale Venture Partners, and Sorenson Ventures all participated in the latest round. Socure’s customers, Citi Ventures, Wells Fargo Strategic Capital, Capital One Ventures, and MVB Bank also seized the opportunity to invest in the company.

What domain name does Socure operate on?

Socure operates on its exact brand match, a standard choice for a company of that scope and dimension.

How does your brand name match your company vision? What new horizons can a better name open? Get in touch if you feel your brand deserves a better name, we are always happy to help.

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