Company:Socure
| Type | Private |
|---|---|
| Industry | Identity verification |
| Founded | 2012 |
| Founders | Johnny Ayers, Sunil Madhu |
| Headquarters | New York, New York |
Number of employees | 296 [1] |
| Website | socure |
Socure is a technology company that helps businesses verify consumer identities. The company provides a digital identity verification solution enabling organizations to streamline customer onboarding, reduce fraud, and meet compliance obligations such as know your customer rules. [2]
History
Socure was founded in 2012 to address the need for digital businesses to verify customer identities.[3] Socure helps businesses validate their customers’ identities through its online platform to streamline customer onboarding operations and reduce fraud costs. The company leverages machine learning and predictive analytics techniques to authenticate consumers.
In 2021, the Socure raised $US100M with a $US1.3B valuation and had 500 customers in various sectors including financial services, cryptocurrency, online gambling, healthcare, and telecommunications.[4][5]
Awards
In 2020, the company was named to the Deloitte Fast 500 list of fast-growing companies. [6]
In 2021, Socure was recognized as one of the 50 most innovative Fintech companies by Forbes as well as the Forbes Cloud 100. [7][8]
See also
- Identity Verification
- Know Your Customer
References
- ↑ "Socure Q2 Update Offers Latest Sign of Biometric Onboarding Boom". 10 August 2021. https://mobileidworld.com/socure-q2-update-offers-latest-sign-biometric-onboarding-boom-081009/.
- ↑ "Software Company Socure Raises Funds at $1.3 Billion Valuation". Bloomberg. 16 March 2021. https://www.bloomberg.com/news/articles/2021-03-16/software-company-socure-raises-funds-at-1-3-billion-valuation.
- ↑ "Socure raises $35 million to combat identity fraud with AI". VentureBeat. 25 August 2020. https://venturebeat.com/2020/08/25/socure-raises-30-million-to-combat-payments-fraud-with-ai/.
- ↑ "Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever". TechCrunch. 16 March 2021. https://techcrunch.com/2021/03/16/socure-raises-100m-at-1-3b-valuation-proving-identity-verification-is-hotter-than-ever/.
- ↑ "Selfie Onboarding Boom Delivers Record Growth for Socure". 10 August 2021. https://findbiometrics.com/selfie-onboarding-boom-delivers-record-growth-socure-081003/.
- ↑ "Deloitte's Technology Fast 500 North America 2020". 17 November 2020. https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html. Retrieved 13 August 2021.
- ↑ "The Most Innovative Fintech Companies in 2021". Forbes. 8 June 2021. https://www.forbes.com/fintech/2021/#6476694f31a6/.
- ↑ "The Cloud 100: Forbes’ Definitive Ranking Of The Best, Brightest, Most Valuable Private Companies In The Cloud". Forbes. 10 August 2021. https://www.forbes.com/cloud100/#7c60d1e85f94.
External links
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