Socure

regtechauthentication and fraud prevention

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 18/10/2019

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About

Source is a digital identity verification company that uses data science in trusted online/offline data (Social media, Email, Phone, IP) for authentication. Socure Social Biometrics uses the power of social attestation as a way to improve identity verification and identity fraud detection in real time.

Focus

PRODUCTS & SERVICES

Real time based multi factor authentication platform for businesses using social biometrics data.

MAIN CLIENTS

Customers include a top 5 US bank

a top 5 global money transfer provider

a top 10 US card issuer and many of the leading digital banks

lenders and insurers.

COMMENT

The Socure Social Biometrics platform helps to combat the $48 billion in annual losses to businesses due to account takeover and identity-related fraud, with ID+ for consumer verification and perceive (Beta) for remote facial biometrics to enable real-time transaction verification.

People

FOUNDERS

Johnny Ayers

BOARD MEMBERS AND ADVISORS

Gaurav Jain

Alessandro Piol

Dimitri Sirota

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Abundance Partners

AlphaPrime Ventures

Anthiem Ventures

Archangel

Caerus Ventures

Commerce Ventures

Empire Angels

FF venture capital

Flint Capital

Founder Collective

Santander InnoVentures

Two Sigma Ventures

Work-Bench

KEY EMPLOYEES:

Sunil Madhu (CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$31.6 M

DATE OF LAST FUNDING

Aug 2017

TOTAL FUNDING COMMENT

The company intends to use the latest funds to scale sales and support operations, build out its infrastructure and drive market expansion.

FUNDING SERIES

SERIES A  · $4.7 M  · Oct 2014

SERIES B  · $26.9 M  · Aug 2017

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

212 VISITORS | 375 VIEWS
LATEST FUNDING ROUND

$31.6 M

TOTAL EMPLOYEES
11-50

About

Source is a digital identity verification company that uses data science in trusted online/offline data (Social media, Email, Phone, IP) for authentication. Socure Social Biometrics uses the power of social attestation as a way to improve identity verification and identity fraud detection in real time.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
People+
Other+

Innovation Programs

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