Identity Verification Company Socure Raises $100 Million at $1.3 Billion Valuation

Digital identity verification firm Socure has raised $100 million in a Series D funding round. The company says it will use the money to support its expansion and accelerate product development. Socure provides a predictive analytics platform that leverages AI, machine learning and data intelligence to verify identities in real time. Following this funding round, the company has been valued at $1.3 billion, technically makes it a so-called unicorn The term was originally assigned to companies that had a valuation of over $1 billion because they were so rare.”]


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