Socure takes growth investment at $5.2B valuation and buys Fravity
Socure raised a $156 million growth round at a $5.2 billion valuation and acquired agentic fraud investigation platform Fravity, integrating it as RiskOS_Agents.
- The $156 million round was led by Summit Partners with Goldman Sachs Alternatives and Wells Fargo.
- Socure reported $364 million in annual recurring revenue.
- Fravity automates fraud and anti-money laundering alert resolution as RiskOS_Agents.