Socure revenue hit $46.5M in 2024

Socure generates revenue from 300 customers

Socure

885 Tahoe Blvd. , Suite 11, Incline Village, Nevada, 10001, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Socure hit $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.

Founded

2012

Founded

Revenue

$46.5M

2022 Revenue

YOY

28.42%

YOY

Funding

$741.9M

Funding

Socure Revenue

In 2022, Socure revenue run rate hit $46.5M in revenue.

  • 2022

    Socure hit $46.5M in revenue in 2022

  • 2021

    Socure hit $36.2M in revenue in 2021

  • 2020

    Socure hit $16.1M in revenue in 2020

  • 2012

    Socure launched in 2012 with $0 revenue

Socure Funding History

  • 2021 Series E

    Socure raised a Series E of in November, 2021

  • 2021 Venture Round

    Socure raised a Venture Round of in June, 2021

  • 2021 Series D

    Socure raised a Series D of in March, 2021

  • 2020 Series C

    Socure raised a Series C of in August, 2020

  • 2019 Series C

    Socure raised a Series C of in February, 2019

  • 2017 Series B

    Socure raised a Series B of in August, 2017

  • 2017 Series B

    Socure raised a Series B of in July, 2017

  • 2016 Series A

    Socure raised a Series A of in December, 2016

  • 2015 Series A

    Socure raised a Series A of in December, 2015

  • 2015 Debt Financing

    Socure raised a Debt Financing of in August, 2015

FUNDING DATE ROUND AMOUNT VALUATION
November, 09 2021 Series E
June, 03 2021 Venture Round
March, 16 2021 Series D
August, 25 2020 Series C
February, 28 2019 Series C
August, 09 2017 Series B
July, 24 2017 Series B
December, 13 2016 Series A
December, 01 2015 Series A
August, 04 2015 Debt Financing

Team

Socure has 501 total employees and 72 sales reps that carry a quota. They have 300 customers an engineering team of 153 and a marketing team of 26.

DISTRIBUTION QTY
Total team size 501
Engineer 153 (31%)
Sales 72 (14%)
Marketing 26 (5%)

Founder / CEO

Johnny Ayers

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

Q&A

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Customers

Churn

Socure Executives

Name Position Working Email Personal Email
Johnny Ayers CEO - -

Socure Employees

Name Position Working Email Personal Email
Johnny Ayers CEO - -

Socure Board of Directors

Name Position Working Email Personal Email
Pavlo Protopapa Board Member - -
Johnny Ayers Board Director [email protected] -
John Locke Board Member [email protected] -

Frequently Asked Questions about Socure

  • When was Socure founded?

    Socure was founded in 2012.

  • How much revenue does Socure generate?

    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 $741.9M.

  • How many employees does Socure have?

    Socure has 501 employees.

  • Where is Socure headquarters?

    Socure is headquartered at 885 Tahoe Blvd. , Suite 11, Incline Village, Nevada, 10001, United States

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