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Socure Secures $156M at $5.2B Valuation, Acquires AI Fraud Investigation Startup Fravity

Crunchbase
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Socure raised $156M at a $5.2B valuation and acquired AI startup Fravity to automate financial crime investigations. The company reported $364M ARR, 63% growth, and an 8,000% rise in AI-driven fraud last year.
#financial-crime-automation#fraud-detection#fravity#goldman-sachs#identity-verification#socure#summit-partners#wells-fargo

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