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Valuation

$4.5B

2022 Revenue

$46.5M

Customers

300

Funding

$644.4M

Avg ACV

$155.1K

Team

487

Founded

2012

How Socure CEO Johnny Ayers grew Socure to $46.5M revenue and 300 customers in 2022.

Socure is a privately-held American company that provides digital identity verification solutions to enterprises. The company was founded in 2012 and is based in New York City. Its platform uses artificial intelligence and machine learning algorithms to analyze a wide range of data sources and verify the identities of individuals in real-time. Socure's solutions are used by a variety of industries, including financial services, healthcare, e-commerce, and telecommunications, to prevent fraud, reduce risk, and improve customer onboarding processes.

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Socure Revenue

In 2022, Socure's revenue reached $46.5M. The company previously reported $36.2M in 2021. Since its launch in 2012, Socure has shown consistent revenue growth.

Socure Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M201220142016201820202022$0$16M$36M$47MSource: GetLatka.com
YearMilestoneQuote
2022Socure Hit $46.5m revenue in March 2022
2021Socure Hit $36.2m revenue in November 2021
2020Socure Hit $16.1m revenue in August 2020
2012Launched with $0 revenue

Socure Valuation, Funding Rounds

Socure reached a $4.5B valuation in 2021, set during its Series E round.

Socure has raised $644.4M in total funding across 7 rounds, most recently a $450M Series E round in 2021.

Socure Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1B$2B$3B$4B$5B2012201420162018202020212012 cumulative: $0 • 2012 Founded: $02015 cumulative: $3M • 2012 Founded: $0 • 2015 Debt Financing: $3M2016 cumulative: $16M • 2012 Founded: $0 • 2015 Debt Financing: $3M • 2016 Series A: $13M2017 cumulative: $29M • 2012 Founded: $0 • 2015 Debt Financing: $3M • 2016 Series A: $13M • 2017 Series B: $14M2019 cumulative: $59M • 2012 Founded: $0 • 2015 Debt Financing: $3M • 2016 Series A: $13M • 2017 Series B: $14M • 2019 Series C: $30M2020 cumulative: $94M • 2012 Founded: $0 • 2015 Debt Financing: $3M • 2016 Series A: $13M • 2017 Series B: $14M • 2019 Series C: $30M • 2020 Series C: $35M @ $100M valuation2021 cumulative: $194M • 2012 Founded: $0 • 2015 Debt Financing: $3M • 2016 Series A: $13M • 2017 Series B: $14M • 2019 Series C: $30M • 2020 Series C: $35M @ $100M valuation • 2021 Series D: $100M @ $1B valuation2021 cumulative: $644M • 2012 Founded: $0 • 2015 Debt Financing: $3M • 2016 Series A: $13M • 2017 Series B: $14M • 2019 Series C: $30M • 2020 Series C: $35M @ $100M valuation • 2021 Series D: $100M @ $1B valuation • 2021 Series E: $450M @ $5B valuation$644M2012 Founded: $0 valuation2020 Series C: $100M valuation2021 Series D: $1B valuation2021 Series E: $5B valuation$5BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Series E$450M$4.5B10%
2021Series D$100M$1.3B8%
2020Series C$35M$100M35%
2019Series C$30M--
2017Series B$13.9M--
2016Series A$13M--
2015Debt Financing$2.5M--

Founder / CEO

Johnny Ayers

Johnny Ayers is the Co-Founder & CEO at Socure.

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Customers

Socure serves 300 customers.

Socure Employees & Team Size

Socure employs approximately 487 people as of 2026, down from 501 in 2023, including 72 sales reps that carry a quota. It serves 300 customers that rely on its solutions.

Socure Team GrowthReported headcount over time01252503755006252012201420162018202020222024202500487487Source: GetLatka.com
YearMilestone
2025Reached 487 employees (November 2025)
2023Reached 501 employees (July 2023)
2022Reached 495 employees (March 2022)
2020Reached 179 employees (December 2020)
2020Reached 179 employees (August 2020)
2020Reached 148 employees (June 2020)
2019Reached 134 employees (December 2019)
2018Reached 71 employees (December 2018)

Frequently Asked Questions about Socure

What is Socure's revenue?

Socure generates $46.5M in revenue.

Who is the CEO of Socure?

The CEO of Socure is Johnny Ayers.

How much funding does Socure have?

Socure raised $644.4M.

How many employees does Socure have?

Socure has 487 employees.

Where is Socure headquarters?

Socure is headquartered in Incline Village, Nevada, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Socure Revenue 2022: $46.5M ARR, $4.5B Valuation