Trust infrastructure leader Socure today announced a major strategic growth investment valuing the company at $5.2 billion. Simultaneously, the organization completed the acquisition of Fravity. Fravity operates an advanced platform specializing in Agentic Operations for fraud and compliance management.
Summit Partners led the new financing round. Additional key participants included Goldman Sachs Alternatives, Wells Fargo, and DocuSign. The investment combines new primary capital with an employee secondary tender offer.
The business closed Q2 2026, reaching $364 million in total ARR. Furthermore, Socure achieved 63% year-over-year ARR growth and maintained a 133% net dollar retention rate.
“Identity is the first perimeter for trust in an AI-driven economy across nearly every use case, and we believe the platforms that can verify identity accurately, continuously, and at global scale, will define the next decade of risk infrastructure,” said Andy Collins, a Managing Director at Summit Partners. “Socure has built that capability with rigor an AI-native architecture, a deep data advantage and documented outcomes for large enterprise and government customers.”
“What stands out to us about Socure is the combination of durable growth and disciplined execution at this scale,” said Matt Hamilton, a Managing Director at Summit Partners. “We have followed this market closely for years, and we believe Socure is well positioned to bring identity, fraud and compliance workflows onto a single platform. We are pleased to support CEO Johnny Ayers and the team in this next phase of growth.”
Enhancing RiskOS Infrastructure with Advanced Automated Capabilities
This strategic acquisition integrates Fravity’s native first-party development tools directly into Socure’s RiskOS platform. Consequently, clients gain access to automated Agentic Operations embedded within their core security workflows. These specialized capabilities will now deploy under the RiskOS_Agents branding.
In addition, financial institutions currently spend $100 billion annually handling risk reviews manually. Rising AI-driven threats make manual review unsustainable. Integrating automated Agentic Operations reduces individual case costs by up to 80%.
The integrated platform accelerates case resolutions up to 5x while lowering false positives significantly. Therefore, risk teams scale their protective coverage without expanding headcount requirements. Incorporating real-time Agentic Operations allows systems to learn from billions of global identity decisions continuously.
Closing the Fraud Loop Across Modern Financial Ecosystems
Socure connects data, risk models, and execution workflows into a single framework. By embedding dynamic Agentic Operations, RiskOS delivers unmatched accuracy across enterprise environments.
“AI broke the economics of fraud and compliance operations, and no institution is going to hire their way out of it,” said Johnny Ayers, Co-Founder and CEO of Socure. “The next decade belongs to the organization who owns the full loop: the data, the models, the decision layer, and now agents that act on all three components. Fravity, now RiskOS_Agents, completes that loop inside RiskOS. We are grateful to Summit Partners and our investors for backing the future of fraud and identity.”
Ultimately, deploying unified Agentic Operations establishes a new industry standard. Socure remains uniquely positioned to lead global fraud prevention efforts moving forward.
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