Announced
Completed
Financials
Sources
Tags
Software
Acquisition
United States
Minority
identity verification solutions
Private
Private Equity
Venture Capital
Domestic
Completed
Friendly
Synopsis
Accel, a venture capital firm, led a $100m Series D funding round in Socure, a provider of digital identity verification technology. The round was joined by Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson and Two Sigma Ventures. “The Covid-19 year accelerated our global shift to a digital-first economy and with that came security challenges. The Socure team accurately predicted the immediate need for identity verification solutions in industries like banking and fintech, and we’re excited by the tremendous opportunity as Socure expands to support new industries,” Amit Jhawar, Accel Partner.
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