Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet

16 Mar, 2021

Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet
Photo by Wesson Wang on Unsplash

– Socure, the leader in 100% digital identity trust, today announced a $100m Series D round of funding led by Accel, with participation from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others.
– This round brings Socure’s total funding to $196m, following a recent $35m investment less than six months ago led by Sorenson Ventures.
– Proceeds from the round will also accelerate product innovation as the company’s patent portfolio grows and the company continues to attract top talent.
– Amit Jhawar, Partner at Accel and former General Manager of Venmo, will join the board of directors at Socure.

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