Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor

Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor

3 years ago
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https://techcrunch.com/2021/11/09/identity-verification-startup-socure-raises-450m-at-4-5b-valuation-adding-tiger-global-as-new-investor/

Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price. 

The round brings the company’s valuation to $4.5 billion, up from $1.3 billion this March when it raised $100 million for its Series D. Its new valuation makes Socure the highest-valued private company in the identity verification space, according to the company.

Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor

Nov 9, 2021, 2:22pm UTC
https://techcrunch.com/2021/11/09/identity-verification-startup-socure-raises-450m-at-4-5b-valuation-adding-tiger-global-as-new-investor/ > Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price.  > The round brings the company’s valuation to $4.5 billion, up from $1.3 billion this March when it raised $100 million for its Series D. Its new valuation makes Socure the highest-valued private company in the identity verification space, according to the company.