Predictive analytics platform for digital identity verification of consumers

Socure is a leading digital identity verification and fraud prevention solution. Their cloud-based platform, Socure ID+, utilizes a unique graph-defined approach to verify identities with exceptional accuracy. Socure leverages a vast and constantly growing network of data sources,  analyzed by advanced AI and machine learning algorithms,  to make real-time predictions about identity validity and potential fraud.  They prioritize accuracy by minimizing false positives, ensuring a smooth user experience  without compromising security.  Socure ID+ aims to replace the need for multiple point solutions by offering a comprehensive platform for all aspects of identity verification.  This caters to a wide range of industries, allowing businesses to onboard more customers efficiently while preventing fraudulent activity.  In essence, Socure ID+ empowers businesses to streamline the digital identity verification process with both security and a positive user experience in mind.

Funds
Amity Opportunity I
Company
Socure
Investment date
2021
Strategy
Venture capital
Status
Active
Sector
Cybersecurity
World region
USA