The round is part of a Series E transaction led by Accel alongside funds and accounts advised by T. Rowe Price Associates, Inc. It also includes two new investors, Bain Capital Ventures and Tiger Global, as well as participation from existing investors Commerce Ventures, Scale Venture Partners, and Sorenson Ventures.
Socure will accelerate its investments in product innovation to address identity verification challenges across the digital consumer journey, penetrate new markets including the public sector, as well as continue to attract and retain product, data science, and engineering teams.
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