Socure, a leading trust infrastructure for global identity and risk intelligence, announced a strategic growth investment that values the company at $5.2 billion, alongside the acquisition of Fravity, an agentic platform that automates fraud, risk, and compliance operations. The investment was led by Summit Partners with participation from Goldman Sachs Alternatives, Wells Fargo, Docusign, and others, and includes both primary capital and an existing employee secondary tender offer.
Together, the investment and acquisition reflect Socure’s expanding role as a trust infrastructure leader for the global economy in which AI has changed both the scale of fraud and money laundering and the systems used to stop them. Socure closed Q2 2026 with $364 million in total ARR, 63% year-over-year ARR growth, 133% net dollar retention, and 0.01% logo churn across more than 3,000 customers. International volume has grown from near zero to a double-digit share of Socure’s network in the past two years.
About Socure
Socure is a leading AI-native trust infrastructure, providing identity and risk intelligence to the world. Socure is trusted by the largest enterprises and government agencies to build trust and mitigate risk with its identity verification, compliance and fraud prevention solutions. Leveraging AI and machine learning, Socure achieves the highest accuracy, automation, and capture rates in the industry.
Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure’s customer base includes the top five U.S. banks, four of the Mag 7, the largest HR payroll and workforce providers, the largest sportsbook and prediction market operators, 160 organizations across the public sector, and more than 600 fintechs.
