Socure
Socure is a digital identity verification and fraud prevention company using AI and ML in its Sigma and RiskOS platforms.
Secondary Market Price
How Socure Measures Up
To help you manage your Socure equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series E
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Socure Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Socure's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
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Company Description
Socure is a company that provides digital identity verification and fraud prevention solutions. Founded in 2012, the firm utilizes a platform based on predictive analytics, artificial intelligence, and machine learning, which analyzes a combination of online and offline data points to verify identities in real time. Its products include the Sigma Identity Fraud and Sigma Synthetic Fraud platforms, as well as KYC and document verification services. Socure serves over 2,000 customers across various sectors, including financial services, government, online gaming, and e-commerce. Its client list includes companies like Chime, SoFi, and Robinhood, as well as four of the top five U.S. banks and seven of the top ten card issuers.
Looking ahead, Socure plans to expand its offerings with the launch of its RiskOS platform, global expansion of its Verify and Pre-Fill solutions, and the introduction of new AI features like GenAI Explainability. The company is also involved in broader industry efforts, such as its participation in the OpenAge Initiative alongside Meta and SpruceID to develop a framework for online age verification. Recent company activities include analyzing identity fraud trends that emerge after natural disasters and supporting government initiatives like the Genesis Mission to foster AI innovation.
- Accel
- T. Rowe Price
- Bain Capital Ventures
- Tiger Global
- Commerce Ventures
- Scale Venture Partners
- Sorenson Ventures
- Flint Capital
- Two Sigma Ventures
- Citi Ventures
- Wells Fargo Strategic Capital
- Capital One Ventures
- MVB Bank
- Synchrony
- Co-Founder, Johnny Ayers
- Co-Founder, Sunil Madhu
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Socure worth joining?
Joining a high-growth startup like Socure can be a significant financial opportunity, particularly due to its equity compensation. Platforms like Prospect can help you understand the potential value of your compensation package and create a strategy to maximize it.
What should I do with my Socure stock?
Managing your Socure stock involves creating a plan for exercising options and selling shares to minimize taxes and maximize your after-tax value. Using a tool like Prospect can provide customized option exercise strategies and help you navigate complex tax scenarios like the AMT.
Can you sell Socure stock?
As Socure is a private company, you can typically sell your stock during specific events like a tender offer or on a secondary marketplace. Tools like Prospect's tender offer tools can help you decide how much to sell and which shares are the most tax-optimal to offload.
How can I find the value of my Socure stock?
The value of private stock is often based on a 409A valuation, but this doesn't reflect its potential future worth or market price. To get a better forecast, you can use platforms like Prospect, which use proprietary predictive models and secondary market data to project your equity's value.
What is Socure's equity worth?
The precise worth of Socure's equity fluctuates based on company performance, market conditions, and investor demand. You can evaluate the potential future value of your specific holdings by using equity management platforms that model different financial scenarios and project growth.
What is Socure's stock ticker symbol?
Socure does not have a stock ticker symbol because it is a private company whose shares are not traded on a public stock exchange. Ticker symbols are assigned to companies only after they complete an Initial Public Offering (IPO).
Can I buy or sell Socure stock?
Selling private Socure stock is possible during company-approved tender offers or on secondary markets, though these opportunities can be infrequent. Buying stock is typically restricted to accredited investors participating in funding rounds or employees exercising their stock options.
What is the criteria to buy or invest in Socure stock?
Investing in a private company like Socure is generally limited to accredited investors who meet specific income or net worth thresholds defined by regulators. Employees can also acquire stock by exercising their equity compensation grants.
