Socure, an AI-native identity, fraud, and risk platform, has raised $156 million in strategic growth funding at a $5.2 billion valuation and acquired Fravity, an agentic AI platform for fraud and compliance investigations. The round, which includes primary capital and an employee tender offer, was led by Summit Partners, with participation from Goldman Sachs Alternatives, Wells Fargo, Capital One, and Docusign. Fravity’s agents automate the investigative work that follows a fraud or risk alert—KYC investigations, business due diligence, transaction-monitoring alert assessment, sanctions and adverse-media screening—orchestrating more than 70 pre-built agents through its Agentic Studio and executing case workflows via Agentic Copilot; the objective is to fold that capability natively into Socure’s RiskOS platform, extending Socure’s pipeline from “Verify → Detect → Decide” into “Investigate → Resolve” and helping analysts handle a growing alert volume, with reported results including an 80% reduction in cost per case and a fivefold acceleration in case resolution among shared customers. The deal follows a pattern of Socure acquisitions building out RiskOS, including Berbix (2023), Effectiv (2024), and Qlarifi (2025). Key players include Socure, which closed Q2 2026 with $364 million in annual recurring revenue and 63% year-over-year growth while adding customers including Circle, Cox Automotive, and MoneyLion, and Summit Partners, which framed identity as becoming “a primary control point for trust in an AI-driven economy.”
Socure Raises $156M at $5.2B Valuation, Acquires Agentic AI Platform Fravity
