Socure has landed a strategic growth investment valuing the business at $5.2bn, alongside its acquisition of Fravity, an agentic platform built to automate fraud, risk and compliance operations.
The funding round was led by Summit Partners, with backing from Goldman Sachs Alternatives, Wells Fargo, Docusign and other participants. The deal combines fresh primary capital with a secondary tender offer that allows existing employees to sell shares.
Socure frames the twin announcement as evidence of its widening footprint as a trust infrastructure provider at a moment when artificial intelligence has reshaped both the scale of fraud and money laundering and the tools used to counter them.
The company ended the second quarter of 2026 with $364m in total annual recurring revenue, having grown that figure 63% year-on-year, alongside net dollar retention of 133% and logo churn of just 0.01% across a customer base exceeding 3,000. Its international business, meanwhile, has expanded from almost nothing to a double-digit share of total network volume within two years.
The Fravity acquisition brings a native agent development platform and agentic operations layer into RiskOS®, the orchestration and decisioning system Socure already runs for its enterprise customer base.
Many of those clients already use both platforms in production, and the leadership teams behind Socure, Effectiv (now rebranded as RiskOS) and Fravity have collaborated across ventures for more than ten years. Fravity’s technology will now sit inside RiskOS under the name RiskOS_Agents.
Data from intelligence platform Liminal underscores the scale of the problem Socure is targeting: American organisations spend an estimated $100bn annually on fraud, compliance and risk operations, much of it still handled through manual review. Liminal found that 53% of banks take at least an hour to review a single alert, while 37% manually check over 40% of alerts they receive.
With AI-driven fraud attempts having surged 8,000% over the past year, case volumes are outstripping what human teams can manage. Within its current customer deployments, Fravity claims to have cut cost per case by 80%, sped up resolution times by as much as fivefold, and lowered false positive rates by up to 70%.
RiskOS draws on a decade of proprietary data gathered through Socure’s Identity Graph, positioning it centrally within the fraud, identity, authentication and compliance decisions it processes.
The newly integrated RiskOS_Agents connect directly to this dataset and to Socure’s existing models, an architecture the company argues delivers more accurate outcomes than agents built by standalone vendors that rely on third-party case files. Socure says its agents can draw on roughly 10 billion annual decisions and millions of resolved cases across its network, creating a feedback loop it believes rivals cannot easily copy.
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.”
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