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Socure Raises $450 Million in Round Led by Accel and T. Rowe Price

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.

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Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
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