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Socure raises $156M at $5.2B valuation and acquires AI startup Fravity

Identity verification company Socure Inc. today announced a $156 million strategic growth investment at a valuation of $5.2 billion. Part of that money went to agentic artificial intelligence startup Fravity AI, acquired in a separate transaction announced the same day. Neither company disclosed the price. Socure said the acquisition targets the manual case reviews that […] The post Socure raises $156M at $5.2B valuation and acquires AI startup Fravity appeared first on SiliconANGLE.