Socure raises $156M at a $5.2B valuation and buys agentic AI startup Fravity
Identity verification vendor Socure raised $156M led by Summit Partners at a $5.2B valuation and separately acquired Fravity, whose AI agents automate fraud and compliance case reviews.
Identity verification vendor Socure raised $156M led by Summit Partners at a $5.2B valuation and separately acquired Fravity, whose AI agents automate fraud and compliance case reviews. (SiliconANGLE; FinTech Futures)
The round combines primary capital with a tender offer for employee shares; Goldman Sachs Alternatives, Wells Fargo and Docusign also took part. Fravity's technology becomes RiskOS_Agents inside Socure's RiskOS platform; Fravity terms were not disclosed. (SiliconANGLE; FinTech Futures)