AISiliconANGLEabout 1 hour ago
Socure raises $156M, buys AI startup Fravity
1 min read
Socure raised $156 million at a $5.2 billion valuation and acquired agentic AI startup Fravity. Summit Partners led the round with Goldman Sachs Alternatives, Wells Fargo, and Docusign. Fravity's technology becomes RiskOS_Agents, automating watchlist screening and know-your-business checks. Socure reported $364 million in annual recurring revenue, up 63%.
Level
Hype check
Tap to vote and see what everyone thinks.
