Socure has secured a strategic growth investment valuing the identity and risk intelligence company at $5.2 billion and is also acquiring Fravity, an agentic fraud and compliance operations platform.
Summit Partners led the investment, with participation from Goldman Sachs Alternatives, Wells Fargo, Docusign and other investors.
The transaction includes both primary capital for Socure and a secondary tender offer designed to provide liquidity to employees.
The financing gives Socure additional capital to accelerate growth as the company expands its identity verification, fraud prevention, and risk intelligence platform across financial services, enterprise, and other regulated markets.
Socure exited the second quarter of 2026 with $364 million in annual recurring revenue, representing 63% year-over-year growth.
The company also reported 133% net dollar retention, indicating that existing customers are expanding their spending over time.
Logo churn was just 0.01%, while Socure’s customer base has grown to more than 3,000 organizations.
Those metrics suggest strong customer retention alongside substantial expansion within existing accounts as clients adopt additional identity, fraud, and risk products.
The acquisition of Fravity adds an agentic automation layer to Socure’s platform.
Fravity develops AI-powered agents designed to automate fraud and compliance operations, including workflows that would otherwise require significant manual review.
Socure plans to integrate Fravity’s agent-building capabilities into its RiskOS platform under a new RiskOS_Agents product.
The integration is intended to allow customers to deploy specialized agents that can handle complex fraud and compliance tasks using Socure’s existing identity intelligence, risk models, and decisioning infrastructure.
Socure said Fravity deployments have reduced cost per case by about 80%, accelerated case resolution by up to five times, and reduced false positives by up to 70%.
Those performance improvements can be particularly important for financial institutions and other regulated organizations where fraud and compliance teams must review large volumes of alerts while maintaining strict accuracy and documentation standards.
False positives create a substantial operational burden because investigators must spend time reviewing cases that ultimately prove legitimate.
Reducing those false positives can lower operating costs while allowing investigators to focus on higher-risk activity.
Faster case resolution can also improve customer experience by reducing delays associated with account opening, transactions or compliance reviews.
RiskOS currently processes roughly 10 billion decisions annually.
That scale gives the new RiskOS_Agents product access to a large base of identity signals, proprietary models, and historical outcomes.
By combining Fravity’s agentic workflow technology with Socure’s identity graph and decisioning infrastructure, the company aims to automate more of the end-to-end fraud and compliance process.
Rather than using AI solely to generate recommendations, RiskOS_Agents is designed to take on operational tasks across investigation and case management workflows.
That could include collecting information, evaluating risk signals, prioritizing cases, and helping determine the next steps in a review.
The acquisition also reflects a broader shift in fraud prevention toward more autonomous systems. Traditional fraud platforms often rely on rules, scoring models, and human review queues. Agentic systems can add another layer by coordinating multiple tools and data sources while automatically running more complex investigative workflows.
Socure’s large identity data set provides an important foundation for that strategy because fraud and compliance agents are only as effective as the information and risk signals available to them.
The company serves customers across more than 190 countries, giving it a broad international footprint.
That global reach also creates additional complexity because identity verification and compliance requirements differ by market.
Integrating agentic workflows into RiskOS could help Socure customers standardize parts of their operations while adapting to different regulatory and risk environments.
The $5.2 billion valuation underscores investor confidence in Socure’s growth trajectory as digital identity, fraud prevention and compliance automation become increasingly important across financial services and enterprise markets.
The participation of strategic investors including Wells Fargo and Docusign also reflects the relevance of identity and risk infrastructure to large institutions managing high volumes of digital transactions.
Goldman Sachs Alternatives and Summit Partners bring additional institutional backing to the financing.
The employee tender component provides liquidity to current employees while allowing the company to raise fresh primary capital for continued expansion.
That structure can help late-stage private companies retain talent by giving employees an opportunity to realize some value from existing equity without requiring a public offering or full-company sale.
For Socure, the financing and Fravity acquisition advance two parts of the same strategy: expanding the underlying identity intelligence platform while adding automation that can act on those signals.
The company is moving beyond simply identifying risk toward automating more of the operational work required to investigate and resolve it.
With $364 million in annual recurring revenue, strong net dollar retention and more than 3,000 customers, Socure enters this next phase with significant scale.
The addition of Fravity could deepen that platform by giving customers agentic tools capable of reducing manual review, lowering costs and accelerating fraud and compliance operations.
The strategic investment at a $5.2 billion valuation provides the capital to support that expansion as Socure continues building a global identity and risk intelligence platform across more than 190 countries.
KEY QUOTE:
“The solution will come from the infrastructure with the platform, proprietary data, first-party agents, and vertical domain expertise. Fravity, now as RiskOS_Agents, gives us the agent building and ontology layer, wired into the nucleus of RiskOS.”
Johnny Ayers, Co-Founder And CEO Of Socure
