(801) 407-8400 About Portfolio Team Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price. The round brings the company’s valuation to $4.5 billion, up from $1.3 billion this March when it raised $100 million for its Series D. Its new valuation makes Socure the highest-valued private company in the identity verification space, according to the company. Bain Capital and Tiger Global joined the round as new investors. Existing investors Commerce Ventures, Scale Venture Partners and Sorenson Ventures also participated. The round brings its total funding raised to $646 million since it was founded in 2012. Read the full article HERE Date November 9, 2021 Category Articles Back to Newsroom 3400 Ashton Blvd, Suite 400 | Lehi, UT 84043 537 Hamilton Avenue, 1st Floor | Palo Alto, CA 94301 (801) 407-8400 Join Our Mailing List Sorenson Capital © 2021 News Careers Partner Login Media Assets Legal

(801) 407-8400 About Portfolio Team All Venture Growth Ken Elefant PARTNER Eric Hilton VICE PRESIDENT Vidya Raman PRINCIPAL Bert Roberts PARTNER Rob Rueckert PARTNER Tony Spinelli VENTURE PARTNER 3400 Ashton Blvd, Suite 400 | Lehi, UT 84043 537 Hamilton Avenue, 1st Floor | Palo Alto, CA 94301 (801) 407-8400 Join Our Mailing List Sorenson Capital © 2021 News Careers Partner Login Media Assets Legal