Socure attracts strategic investment and acquires Fravity
The $156 million package combines company financing and employee share sales.
Socure announced a strategic investment package on August 27, 2026, at a $5.2 billion valuation. Summit Partners led the $156 million transaction, with Goldman Sachs Alternatives, Wells Fargo and Docusign participating. The package includes new capital for Socure and employee share sales; the split was not disclosed.
Socure supplies identity verification and fraud and compliance tools. It also acquired Fravity, whose agent-based software supports fraud investigations and operations. Terms of the acquisition were not disclosed.