Socure, a NYC-based Day Zero identity verification platform, raised $35m in a new funding round.
The round was led by Sorenson Ventures with participation from existing investors Commerce Ventures, Scale Venture Partners, and Flint Capital. The round also included new strategic investor participation from Citi Ventures, Wells Fargo Strategic Capital, and MVB Financial Corp. This brings total funding to $96m.
The funds will be used to support Socure’s growth and enhance its machine learning capabilities.
Founded in 2012 by Johnny Ayers, Chief Product Officer, and led by Tom Thimot, CEO, Socure provides a predictive analytics platform that applies artificial intelligence and machine-learning techniques with online/offline data intelligence from email, phone, address, IP, device, velocity and the broader internet to verify identities in real-time. and is led by CEO Tom Thimot.
The company is based in NYC, with offices in San Diego, San Jose, and Chennai, India.