The round comes just seven months after Socure closed a $10M Series D at a $1.3B valuation. Founded in 2012, Socure has raised a total of $646M to date. The new Series E was led by Accel alongside the funds and accounts advised by T. Rowe Price.
Socure, the leading platform for digital identity verification and trust, today announced the introduction of the first identity verification and fraud solution purpose-built for the Buy Now, Pay Later (BNPL) industry.
Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.