By Srijan Bijjam — Apr 24, 2023

🪪 Revolutionizing Digital Identity Verification

Socure - pioneering AI-driven Identity Verfication for the modern world

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Socure - harnessing AI to reinvent digital identity verification

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Socure - harnessing AI to reinvent digital identity verification

As digital transactions grow increasingly common in our linked society, it is critical to ensure the security of online platforms and the legitimacy of user identities. Socure, an AI-powered startup, has emerged as a market leader in digital identity verification, providing cutting-edge solutions to prevent fraud and improve user experience.

Socure is a New York-based technology firm that specializes in digital identity verification, detecting and preventing fraud through the use of artificial intelligence (AI) and machine learning (ML). Socure has created a unique platform that enables organizations to authenticate user identities with exceptional precision and efficiency, with the goal of creating a safer and more secure digital environment.

Socure's main product is its ID+ platform, which assists businesses in real-time identity verification by utilizing digital information such as social media, government-issued IDs, and other public records. To validate identity and combat fraud, the platform employs over 7,000 data sources and 500 prediction models. ID+ can reliably validate over 98% of IDs, which is a substantial advance over existing identity verification approaches.

Socure is at the cutting edge of digital identity verification, giving businesses the tools they need to protect themselves and their customers against fraud. Socure continues to create and develop innovative solutions that will influence the future of online security and identity management, with an emphasis on AI and ML technologies.

The company was founded in 2012 by Johnny Ayers and Sunil Madhu. They have raised $741.9 million to date.