Tech Company Financing Transactions

Socure Funding Round

Sorenson Capital, Citi Ventures and Commerce Ventures joined a $35 million funding round for Socure. The round was announced by the company on 8/26/2020.

Transaction Overview

Company Name
Socure
Announced On
8/26/2020
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors

Sorenson Capital (Lead Investor)

Citi Ventures

Commerce Ventures (Dan Rosen)

Flint Capital (Sergey Gribov)

MVB Bank

Scale Venture Partners (Rory O'Driscoll)

Wells Fargo & Co. (Basil Darwish)

Proceeds Purpose
The funds will be used to support Socure's growth, enhance its machine learning capabilities, and further its mission to eliminate identity fraud and become the most trusted source of identity verification.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
330 7th Ave. 201
New York, NY 10001
USA
Phone
(866) 932-9013
Website
www.socure.com
Email Address
[email protected]
Overview
Socure combines a patent-pending artificial intelligence system, proprietary machine learning algorithms and social behavior pattern analysis to detect if an ID is authentic, a fraudster or a bot.
Profile
Socure LinkedIn Company Profile
Social Media
Socure Company Twitter Account
Company News
Socure News
Facebook
Socure on Facebook
YouTube
Socure on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Johnny Ayers
  Johnny Ayers LinkedIn Profile  Johnny Ayers Twitter Account  Johnny Ayers News  Johnny Ayers on Facebook
Chief Financial Officer
Avi Aronovitz
  Avi Aronovitz LinkedIn Profile  Avi Aronovitz Twitter Account  Avi Aronovitz News  Avi Aronovitz on Facebook
Chief Marketing Officer
Gary Sevounts
  Gary Sevounts LinkedIn Profile  Gary Sevounts Twitter Account  Gary Sevounts News  Gary Sevounts on Facebook
VP - Administration
Rivka Little
  Rivka Little LinkedIn Profile  Rivka Little Twitter Account  Rivka Little News  Rivka Little on Facebook
VP - Engineering
Rong Cao
  Rong Cao LinkedIn Profile  Rong Cao Twitter Account  Rong Cao News  Rong Cao on Facebook
VP - General Counsel
Aviad Levin
  Aviad Levin LinkedIn Profile  Aviad Levin Twitter Account  Aviad Levin News  Aviad Levin on Facebook
VP - Product Management
Pablo Abreu
  Pablo Abreu LinkedIn Profile  Pablo Abreu Twitter Account  Pablo Abreu News  Pablo Abreu on Facebook
VP - Sales
Rhon Daguro
  Rhon Daguro LinkedIn Profile  Rhon Daguro Twitter Account  Rhon Daguro News  Rhon Daguro on Facebook

 

 

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Prev: 8/26/2020: Stratify Budget venture capital transaction
Next: 8/31/2020: Phosplatin Therapeutics venture capital transaction

 

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