What Socure does

Socure, Inc. is a private, AI-native identity verification and risk decisioning platform serving 3,000+ customers across 190+ countries with a reported $340 million-plus in total Annual Recurring Revenue as of Q1 fiscal 2026, growing 62% year-over-year at 134% net dollar retention. Its core platform, RiskOS®, orchestrates identity verification, fraud detection, sanctions/AML screening, document and biometric verification, bank account verification, and compliance decisioning through a single API, powered by a proprietary cross-industry Identity Graph containing 40 billion historical known outcomes and hundreds of billions of identity connections. The platform is delivered in two editions: a quote-based enterprise RiskOS® deployment and a self-serve Socure Launch entry point with transparent per-evaluation pricing ($0.80 to $1.30) targeted at startups and builders.

The product surface spans Sigma fraud models (Identity, Synthetic, First-Party), Predictive DocV with liveness and deepfake detection, Email/Phone/Address RiskScore, Global Watchlist Screening with Monitoring, Socure Account Intelligence, Digital Intelligence and SNA & OTP, the RiskOS AI Suite of six AI agents and assistants, SocureGov RiskOS® (FedRAMP Moderate authorized), Socure Signals (250+ ML features), Local Graph, and Hosted Flows. Socure's customer base includes 18 of the 20 largest U.S. banks, 13 of the 15 top U.S. credit card issuers, 6 of 7 top sportsbooks/prediction markets, 4 of 5 top social networks, 2 of 2 top gig platforms, 4 of 4 top HRIS platforms, and over 130 public-sector organizations including Login.gov, the California EDD, and the State of Texas.

Socure generates revenue primarily through enterprise subscription contracts on RiskOS Enterprise plus usage-based billing on Socure Launch, and has executed four acquisitions (Berbix in 2023 for ~$70 million, Effectiv in 2024/2025, Pangea Data in 2026, and Qlarifi in December 2025) to extend into document verification, AI-native risk decisioning, fraud detection, and real-time BNPL credit infrastructure. The company is venture-backed at a $4.5 billion post-money valuation from a November 2021 oversubscribed $450 million Series E led by Accel and T. Rowe Price, with prior capital from Citi Ventures, Wells Fargo Strategic Capital, Capital One Ventures, and others, plus a $95 million credit facility from J.P. Morgan, Silicon Valley Bank, and KeyBanc in 2023.

Name

Socure

Legal name

Socure, Inc.

Website

https://socure.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Socure is an AI-native identity verification and risk decisioning platform serving 3,000+ enterprise customers across 190+ countries, with $340M+ ARR, via its RiskOS® platform that unifies KYC, fraud detection, sanctions/AML, document verification, and bank account intelligence.

Ownership category

akta.pro rank

Product category

Identity Verification and Risk Decisioning Software

akta.pro primary industry

Risk Scoring, Fraud & Anomaly Detection (HDAAAHAD)

akta.pro secondary industries

Verification & Risk Signals (Device Fingerprinting, Behavioral Biometrics) (HDADALAJ), Risk, Fraud & 3DS Orchestration for Payments (FSAGABAL)

Keywords

• Identity verification platform
• Digital identity fraud
• KYC compliance solutions
• Bank account verification
• Sanctions screening software

Headquarters

HQ city

Incline Village

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Usage-Based Identity Verification (Socure Launch): Self-serve unit pricing for identity verification workflows on RiskOS, billed per evaluation. Document Verification (DocV) priced at $0.80/eval; DocV + Watchlist at $0.90/eval; KYC + Fraud + Watchlist with DocV step-up at $1.00/eval; Prefill + KYC + Fraud + Watchlist with DocV step-up at $1.30/eval. Customers receive $1,000/month in platform credits with no long-term contracts.
2. Enterprise Subscription (RiskOS Enterprise): Recurring revenue from large enterprise contracts via RiskOS Enterprise, sold to 3,000+ customers including 18 of the top 20 U.S. banks, 13 of 15 top U.S. credit card issuers, and 6 of 7 top sportsbooks/prediction markets. Q1 2026 total ARR exceeded $340M with 62% YoY growth and 134% net dollar retention; 2025 ARR was $315M.
3. Vertical and Geographic Expansion Deals: New bookings growth in age verification, marketplace risk, and workforce verification segments; ~$100M of new business booked in 2025 with 65% revenue growth from prediction markets and sportsbook operators; expansion into 190+ countries and more than 30 countries for bank account verification.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

Socure sells an AI-native identity verification and risk decisioning platform, RiskOS, that combines a proprietary cross-industry Identity Graph with predictive machine-learning models to verify consumer identities, detect fraud (third-party, synthetic, and first-party), screen sanctions/PEP/adverse media, perform document and biometric verification, and verify bank account ownership and status. The platform is sold in two ways: RiskOS Enterprise for complex organizations via custom multi-year contracts, and Socure Launch as a self-serve tier offering transparent per-evaluation pricing and same-day production deployment. A FedRAMP Moderate authorized variant, SocureGov RiskOS, is sold to U.S. federal and SLED government agencies.

Product overview

Socure offers a vertically integrated AI-native platform built around RiskOS, the orchestration and decisioning core that unifies identity verification, fraud, compliance, risk, age assurance, and authentication workflows. RiskOS is delivered in two editions: Socure Enterprise (for complex organizations needing fully customized deployments) and Socure Launch (a self-serve entry point for builders). The platform is augmented by discrete AI/ML products in the Fraud & Risk category (Sigma Identity Fraud, Sigma Synthetic Fraud, Sigma First-Party Fraud, Email RiskScore, Phone RiskScore, Address RiskScore, Graph Intelligence), the Compliance category (Portfolio Scrub, Socure Verify, Global Watchlist Screening with Monitoring, Deceased Check, eCBSV, Control Center), the ID + Biometric category (Predictive DocV), the Account Intelligence category (Socure Account Intelligence), the Device & Behavior category (Digital Intelligence, SNA & OTP), and vertical/feature offerings including SocureGov RiskOS for government, Hosted Flows for no-code IDV, RiskOS AI Suite for AI-driven automation, Local Graph for connected identity, Socure Signals for ML feature access, Payment Screening, and workforce/age/bank-account verification use cases. All products run on Socure's proprietary identity graph and Sigma consortium network.

Differentiator

Problem solved

Functional benefit

Brands

• RiskOS: Socure's AI-native decisioning and orchestration platform for identity, fraud, risk, and compliance.
• Socure Launch
• SocureGov
• Socure Signals
• Local Graph
• Predictive DocV
• Socure Verify

Products and services

• RiskOS AI-native decisioning and orchestration platform for identity, fraud, risk, and compliance; powers more than 1,000 queries per second with sub-150ms workflow execution and integrates 200+ pre-built data products. Sold as RiskOS Enterprise for customized deployments and is the orchestration backbone for all Socure products.
• Socure Launch Self-serve entry point into RiskOS providing production-ready, pre-configured onboarding, KYC, fraud, watchlist, document verification, and prefill workflows via API or hosted UI; priced at $1,000/month in credits with no long-term contracts, targeted at startups and developers.
• Sigma Identity Fraud AI/ML product providing third-party fraud detection leveraging a 360-degree view of digital identity through Socure's identity graph and consortium feedback data; targeted at enterprises needing accurate third-party fraud capture.
• Sigma Synthetic Fraud AI/ML product for uncovering complex manipulated and fabricated synthetic identity fraud across consumer and business applications; targets synthetic and manipulated identity losses.
• Sigma First-Party Fraud AI/ML product for minimizing early payment default, bad-faith dispute abuse, and chargeback losses by detecting first-party fraud; powered by the First-Party Fraud Consortium.
• Email RiskScore Real-time risk prediction and email ownership verification analyzing 56+ email fraud predictors; claims up to 68% email fraud capture in the riskiest 5% of users.
• Phone RiskScore Real-time phone risk prediction, ownership verification, and SIM swap detection; verifies 28% more phone numbers than competitors with up to 700% reduction in false positives.
• Address RiskScore Real-time physical-address risk prediction providing 91% overall address verification with normalization and fraud signal scoring.
• Graph Intelligence Transforms complex identity connections into actionable insights using Socure's cross-industry identity graph spanning hundreds of billions of records.
• Portfolio Scrub Reveals compliance and fraud risks in existing customer accounts by re-scoring portfolios against current fraud, sanctions, and identity models.
• Socure Verify Precise, accurate, and inclusive identity verification triangulating data across 400+ trusted sources and correlating thousands of identity data points online and offline to resolve a single best-matched entity.
• Global Watchlist Screening with Monitoring Sanctions screening, PEP, and adverse media risk management with continuous monitoring and AI matching; features an AI Copilot that reduces manual review time by 78% with patented two-stage risk scoring.
• Deceased Check Validates deceased identities at any point in the user lifecycle to prevent deceased-person fraud and identity reuse.
• eCBSV Instantly verifies a consumer-provided name-DOB-SSN match against the Social Security Administration via the electronic Consent Based SSN Verification service.
• Control Center Fully automated fintech controls management platform built for sponsor banks to oversee fintech partner programs and risk across the BaaS ecosystem.
• Predictive DocV AI-powered ID document and biometric verification with liveness detection, deepfake detection, facial recognition, and selfie reverification; processes documents from 195+ countries in under 2 seconds.
• Socure Account Intelligence Verifies bank account ownership and status with inclusive, instant results; expanded in February 2026 to cover more than 30 countries outside the U.S. and Canada with up to 98% account status coverage and 82% ownership coverage.
• Digital Intelligence Passively verifies user devices through behavioral biometrics to detect fraud and improve user experience; uses granular device, IP, and network data bound to customer PII.
• SNA & OTP Adaptive phone and device authentication delivered in real time using smart network authentication and one-time passcode.
• SocureGov RiskOS FedRAMP Moderate authorized platform unifying identity proofing, fraud detection, and program integrity for federal and SLED government agencies; provides access to more than 180 third-party services.
• Socure Hosted Flows No-code platform enabling businesses to build branded identity verification experiences in days; supports rapid deployment of onboarding, IDV, and risk workflows without code.
• RiskOS AI Suite Suite of six AI agents and assistants that automate enterprise identity, compliance, and authentication operations, including a Rule Writing Assistant for natural-language rule deployment, a Case Review Assistant, and a Business Intelligence Agent that cuts 30+ minutes per KYB review.
• Socure Signals Provides enterprises direct access to more than 250 features from Socure's ML models in three categories: Input-Derived, Model-Derived, and Graph-Derived Signals, for fine-tuning fraud detection and countering AI-powered attacks.
• Local Graph RiskOS feature delivering a complete, connected view of identity connections across an enterprise by integrating connected identity data within the customer's own environment.
• Socure Payment Screening Payment screening product integrating real-time sanctions and watchlist monitoring into payment flows via identity similarity matching to reduce false positives; targeted at fintechs.
• Qlarifi BNPL Credit Infrastructure Real-time BNPL consumer credit database acquired by Socure in December 2025; provides unified infrastructure combining identity verification, anti-fraud, and BNPL-specific credit visibility for lenders and merchants.

Named customers38 records

Segments12 records

Ideal customer profiles8 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability13 records

Feature12 records

Partnerships

15 partnerships are on record, tiered flagship and major.

• Thomson ReutersflagshipStrategic or Co-development Partner · 18 May 2026Strategic partnership combining Thomson Reuters' CLEAR identity and risk intelligence data with Socure's RiskOS AI platform to deliver AI-driven identity verification and fraud prevention for legal, government, compliance, and financial services users. Joint solution aims to return identity verification decisions in under 400 milliseconds with continuous digital identity monitoring.
• Checkr (Checkr Trust)flagshipStrategic or Co-development Partner · 1 May 2026Strategic partnership combining Checkr Trust's criminal background checks (2,400+ data sources) with Socure's AI-powered identity verification, biometrics, and document verification on the RiskOS platform. Co-launched Checkr Profiles (shareable verified credential product with biometric identity verification) and Checkr IDV for hiring fraud defense against deepfakes, invalid IDs, VPN/TOR usage, and location anomalies.
• BoltflagshipTechnology or Integration · 5 February 2026Strategic partnership integrating Socure's RiskOS platform into Bolt ID, Bolt's checkout-native identity verification layer for e-commerce merchants. Uses Socure's Global Identity Graph and predictive risk signals to reduce synthetic identity fraud, lower false positives, and cut verification costs while maintaining seamless checkout. Deployment accelerated via Socure Hosted Flows.
• MetamajorStrategic or Co-development Partner · 17 December 2025Meta joined OpenAge, an age verification initiative led by k-ID, with plans to integrate OpenAge's AgeKeys on its platforms (Facebook, Instagram, Threads) by 2026 to promote privacy-preserving age verification across social media.
• QlarififlagshipStrategic or Co-development Partner · 5 December 2025Acquisition of Qlarifi, the first real-time BNPL consumer credit database founded by former Klarna and Zip employees. The combined platform aims to establish unified infrastructure for identity verification, anti-fraud, and BNPL credit reporting. Acquisition enables lenders to approve creditworthy customers faster while addressing regulatory demands for enhanced consumer protection in the BNPL sector, with reported fraud-loss reduction up to 70%.
• DocusignmajorTechnology or Integration · 25 October 2025Strategic partnership integrating Socure's identity verification and risk intelligence tools into Docusign's identity layer, enabling organizations to assess user identity and risk during digital signature workflows with configurable fraud detection and authentication.
• BaselayermajorTechnology or Integration · 7 August 2025Strategic partnership embedding Baselayer's business identity, credit, and fraud data (aggregated from 2,200+ financial institutions) into Socure's RiskOS platform. Combined reach touches approximately 40% of the U.S. financial services market through Socure's 3,000 customers and Baselayer's data network.
• BerbixflagshipStrategic or Co-development Partner · 27 June 2023Acquired for approximately $70 million in cash and stock, marking Socure's first acquisition. Berbix's document verification technology was integrated into Socure's Predictive Document Verification (DocV) 3.0 solution emphasizing speed, accuracy, and fraud reduction.
• EffectivflagshipStrategic or Co-development PartnerAcquisition of Effectiv (per Forbes Fintech 50 coverage) that, alongside Qlarifi, expanded RiskOS capabilities for AI-native risk decisioning. The integration enabled the RiskOS AI Suite of agents and assistants launched in October 2025.
• Pangea DatamajorStrategic or Co-development PartnerAcquisition of Pangea Data to enhance fraud detection capabilities, referenced in industry reports on digital onboarding software market developments.
• EquifaxmajorTechnology or IntegrationEquifax is a featured partner in the RiskOS ecosystem, integrated as a data provider within Socure's platform of 200+ pre-integrated data products.
• FISmajorTechnology or IntegrationFIS is a featured partner in the RiskOS ecosystem, integrated as a data provider for identity and risk decisioning workflows.
• MastercardmajorTechnology or IntegrationMastercard is a featured partner in the RiskOS ecosystem, integrated as a data provider supporting identity and risk decisioning.
• MiddeskmajorTechnology or IntegrationMiddesk is a featured partner in the RiskOS ecosystem, providing business identity and KYB data within Socure's RiskOS platform.
• CarahsoftmajorChannel Partner/ Reseller/ DistributorCarahsoft serves as a federal IT distributor/reseller for Socure's public-sector identity verification platform (SocureGov RiskOS), advocating for treating digital identity as critical national infrastructure rather than a compliance function.

Scale indicators20 records

Recent moves10 records

Expansion highlights8 records

Direct peers

• Persona: Persona is a unified identity verification platform offering KYC, KYB, document verification, and fraud signals via API to fintechs, crypto, and online businesses. Directly comparable to Socure across product scope (IDV + risk decisioning) and customer base, with Persona positioning more on configurability and Socure on accuracy and consortium data.
• Jumio: Jumio is an AI-driven identity verification and KYC/AML platform serving banks, fintechs, and online businesses with document verification, biometric authentication, and risk scoring. Directly comparable to Socure's Predictive DocV and Sigma fraud offerings across the same enterprise and fintech customer segments.
• Onfido (Entrust): Onfido, now part of Entrust, provides AI-based identity verification with document and biometric checks for financial services, gaming, and crypto clients. Closely comparable to Socure on document verification, biometric/liveness, and enterprise GTM, with a stronger European footprint.
• Sumsub: Sumsub is an identity verification, KYC/KYB, AML, and fraud prevention platform serving fintech, crypto, gaming, and online trading. Comparable to Socure across its IDV, sanctions screening, and risk decisioning stack, with global geographic coverage and similar vertical mix.
• Veriff: Veriff provides AI-powered identity verification with document authentication, biometric matching, and fraud prevention for fintech, mobility, and online gaming. Comparable to Socure in document verification, KYC, and gaming vertical focus.
• Trulioo: Trulioo offers a global identity verification platform with KYC, KYB, AML screening, and document verification across 195+ countries. Closely comparable to Socure's international verification footprint and Global Watchlist Screening, with strong emphasis on cross-border coverage.
• ID.me: ID.me is an identity verification network with deep public sector and benefits fraud credentials (IRS, SSA, VA) and growing commercial fintech use. Comparable to Socure's SocureGov RiskOS vertical and Login.gov-style federal identity proofing use cases.
• Prove (formerly Payfone): Prove provides phone-centric identity verification, authentication, and fraud prevention, including SIM swap detection comparable to Socure's Phone RiskScore and SNA & OTP. Overlaps with Socure's device and behavior category and serves similar banks and fintechs.

Emerging players

• Alloy: Alloy is an identity decisioning platform that orchestrates KYC, AML, and fraud workflows for banks and fintechs. Comparable to Socure's RiskOS orchestration layer, though narrower in identity modalities (no native document verification or identity graph of Socure's scale).

Broad incumbents

• LexisNexis Risk Solutions: LexisNexis Risk Solutions is a long-standing incumbent in identity verification, fraud detection, KYC/AML, and credit risk for banks, insurance, and government. Overlaps with Socure's Sigma fraud models, watchlist screening, and public sector solutions, but as part of a much broader risk analytics portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/socureid
• Facebookfacebook.com/socure
• LinkedInlinkedin.com/company/socure

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds15 records

Investors41 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Socure