Socure

Summary Updated Sep 3, 2026

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Location Incline Village, Nevada
Founded 2012
Latest Stage Strategic Growth
Total Raised $802.9M
Website https://www.socure.com
Sector
fintech identity fraud-prevention cybersecurity

Investors

Summit Partners strategic-growth (2026)

Founders

Johnny Ayers Co-Founder & CEO
Bradley S. Leinhardt Co-Founder
Sunil Madhu Co-Founder

About

Socure is an Incline Village, Nevada-based digital identity verification and fraud prevention platform serving over 3,000 enterprise customers, including 19 of the top 20 U.S. banks 1. Founded in 2012 by Johnny Ayers, Bradley S. Leinhardt, and Sunil Madhu 2, the company delivers AI-driven identity verification, fraud prevention, and regulatory compliance software. Q2 2026 ARR reached $364 million, up 63% year-over-year 1.

Funding History

Date Round Amount Lead Co-investors
2026-08-27 Strategic Growth $156M Summit Partners Goldman Sachs Alternatives, Wells Fargo, Docusign 123

Post-money valuation: $5.2B 13. The round included a mix of primary capital and a secondary tender offer and funded Socure’s acquisition of Austin-based agentic AI startup Fravity (terms undisclosed) 13.

What Investors Say

Andy Collins, Managing Director at Summit Partners: “Identity has become a primary control point for trust in an AI-driven economy, and we believe the platforms that can verify identity accurately at global scale will define the next decade of risk infrastructure.” 3

What Founders Say

Johnny Ayers (Co-Founder & CEO): “I believe there are two types of companies that matter in the AI-driven global economy: those that are AI-native, and those that fight the consequences of AI acceleration.” 1

Sources

  1. Crunchbase News, “Socure Raises $156M, Acquires Agentic AI Startup Fravity,” accessed September 3, 2026. https://news.crunchbase.com/venture/socure-raises-acquires-agentic-ai-startup-fravity/↩↩↩↩↩↩

  2. AlleyWatch, “The Weekly Notable Startup Funding Report: 8/31/26,” accessed September 3, 2026. https://alleywatch.com/2026/08/the-weekly-notable-startup-funding-report-8-31-26/↩↩

  3. PYMNTS, “Socure Acquires Fraud Fighter Fravity as Valuation Hits $5.2 Billion,” August 27, 2026. Accessed September 3, 2026. https://www.pymnts.com/news/investment-tracker/2026/socure-acquires-fraud-fighter-fravity-as-valuation-hits-5-2-billion/↩↩↩↩