Socure Inc.

https://www.socure.com/

Socure is a leading provider of AI-powered digital identity verification and fraud prevention solutions, headquartered in Incline Village, Nevada, United States. The company's core mission is to verify 100% of legitimate identities in real-time and to eliminate identity fraud across the internet. [2, 5, 6, 15, 24]

Socure offers a comprehensive suite of products and services, primarily centered around its AI-native decisioning and orchestration platform, RiskOS®, and the Socure ID+ Platform. These solutions provide digital identity verification, fraud detection and prevention (including third-party, stolen, and synthetic identities), risk detection for various data points like email, phone, and device, identity document verification, age verification, workforce screening, and compliance with regulations such as KYC/AML. The company serves a diverse range of market segments, including financial services (counting 18 of the top 20 banks among its customers), government agencies, gaming, marketplaces, healthcare, telecom, and e-commerce. [2, 3, 10, 12, 17, 20, 24]

Led by Founder and CEO Johnny Ayers, Socure maintains a strong market position as a prominent player in the identity verification and fraud prevention space, having been described as the "largest private company in the identity verification fraud market globally." [2, 24, 26] Recent notable developments include achieving over $340 million in total Annual Recurring Revenue (ARR) with 62% year-over-year growth in Q1 2026, and reporting $200 million in revenue for 2025. [11, 14, 24] The company has expanded its capabilities through strategic acquisitions, including Effectiv in 2025 to enhance real-time payments fraud and anti-money laundering transaction monitoring, and Berbix in 2023 for AI-powered document verification. [2, 13, 22, 24, 25, 26] Socure also recently expanded its Bank Account Verification capabilities to over 30 countries and partnered with Checkr Trust to integrate criminal background check functionalities into its RiskOS platform. [14, 30, 31]

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CID: 1834