Funding round
Socure Growth
Reported as "Growth Equity"
Socure, which works in digital identity verification solutions in Incline Village, raised $156M in a Growth round announced on 27 Aug 2026, led by Summit Partners, at a $5.20B post-money valuation. 4 firms took part. It is Socure's seventh venture round on record; the one before was a Series E in Nov 2021.
$156M
Amount raised
$5.20B
Post-money valuation
$5.04B pre-money
4
Investors
1 lead
1.2x
Step-up from the Series E
$4.50B in Nov 2021
3.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Socure at $5.20B after the new money, 1.2 times the $4.50B of its Series E (Nov 2021). The $156M bought investors about 3.0% of the company. It came 57 months after Socure's Series E. It is 20% of the $787M Socure has raised in the venture rounds on record. No later venture round is on record for Socure.
Socure's funding rounds
Socure has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 28 Oct 2014 $2.5M
- Series B 9 Aug 2017, led by Commerce Ventures $14M
- Series C 28 Feb 2019, led by Scale Venture Partners $30M
- Growth 25 Aug 2020, led by Sorenson Ventures $35M
- Series D 16 Mar 2021 $100M
- Series E 9 Nov 2021, led by Accel and T. Rowe Price $450M$4.50B post-money
- Debt not a venture round 8 Mar 2023 $95M
- Growth this round 27 Aug 2026, led by Summit Partners $156M$5.20B post-money
Investors
Who put money in
Summit Partners led the round with 3 other firms.
Lead investor
- backs 96 venture-backed companies new investor
Also in the round
- Goldman Sachs Alternatives new investor
- Wells Fargo new investor
- DocuSign new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and acquisitions.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
Comparable rounds
How it compares
254 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 2.6 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Databricks Tech Companies | 13 Aug 2026 | $5.00B | $190.00B | Coatue |
| Firmus Tech Companies | 7 Aug 2026 | $2.00B | $10.50B | Nvidia and Coatue |
| Starcloud Tech Companies | 24 Aug 2026 | $250M | $2.30B | not named |
| Tech Companies | 25 Aug 2026 | $140M | $750M | Apax Partners |
| Tech Companies | 28 Aug 2026 | $75M | not disclosed | Point72 Ventures |
| Tech Companies | 28 Aug 2026 | $63M | not disclosed | Square Peg and Airtree |
| Tech Companies | 4 Aug 2026 | $54M | not disclosed | not named |
| Tech Companies | 19 Aug 2026 | $25M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Socure raise in its Growth round?
Socure raised $156M in its Growth round, announced in Aug 2026.
Who led Socure's Growth round?
Summit Partners led it, with Goldman Sachs Alternatives, Wells Fargo and DocuSign.
What was Socure's valuation at the Growth round?
$5.20B post-money ($5.04B pre-money).
How does it compare with other Growth rounds in Tech Companies?
254 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 2.6 times the median.