Socure has secured a strategic growth investment valuing the company at $5.2bn, alongside the acquisition of Fravity, an agentic platform that automates fraud, risk and compliance operations.
The funding round was led by Summit Partners, with participation from Goldman Sachs Alternatives, Wells Fargo, Docusign and other backers. The deal combines fresh primary capital with a secondary tender offer that allows existing employees to sell shares.
Socure closed the second quarter of 2026 with $364m in total annual recurring revenue, up 63% year-on-year, alongside net dollar retention of 133% and logo churn of just 0.01% across more than 3,000 customers.
International volume has climbed from almost nothing to a double-digit share of the company’s network within two years, underlining its push beyond the US market.
The Fravity acquisition brings a native, first-party agent development platform and an agentic operations layer into RiskOS®, the orchestration and decisioning system that already serves Socure’s client base.
Many enterprise customers already run both platforms in tandem, and the leadership teams behind Socure, Effectiv (now rebranded RiskOS) and Fravity have collaborated across ventures for more than a decade. Fravity’s tools will now be folded into RiskOS as RiskOS_Agents.
Socure positions the deal as a response to how artificial intelligence has reshaped financial crime, expanding both the scale of fraud and money laundering and the defences built to counter them.
Citing intelligence platform Liminal, the company points to US organisations spending $100bn annually on fraud, compliance and risk operations, much of it still handled manually. More than half of banks, 53%, spend at least an hour reviewing each alert, while 37% manually review over 40% of their alert volumes. AI-driven fraud attacks have risen 8,000% over the past year, according to the same data, outpacing the ability of teams to staff against them.
Within its existing deployments, Fravity has cut cost per case by 80%, sped up case resolution by as much as five times, and reduced false positives by up to 70%, the companies said.
RiskOS is underpinned by a decade of proprietary data drawn from Socure’s Identity Graph, sitting at the centre of the identity, authentication, fraud and compliance decisions it processes.
RiskOS_Agents are directly connected to Socure’s proprietary datasets, custom-built models and downstream decision outcomes, an integration designed to improve accuracy. Rather than reading case files from third-party vendors, the agents draw on roughly 10 billion decisions made annually and millions of resolved cases across Socure’s network, forming a closed feedback loop the company says standalone agent vendors cannot easily match.
Socure co-founder and CEO Johnny Ayers said, “Stopping financial crime in the age of AI is getting harder every day, and there is no version of this where institutions hire their way out of it. The solution will come from the infrastructure with the platform, proprietary data, first-party agents, and vertical domain expertise.
“Fravity, now as RiskOS_Agents, gives us the agent building and ontology layer, wired into the nucleus of RiskOS, on top of our proprietary data and models providing the complete loop to maximize customer decisioning accuracy. We are grateful for the support of Summit Partners and our other investors as we deliver on our vision for the future.”
Copyright © 2026 RegTech Analyst
Copyright © 2026 RegTech Analyst
