NEW YORK, July 11, 2018 -- Socure, a leading provider of predictive analytics for digital identity verification, today announced it is a Red Herring Top 100 North America Winner for 2018. The prestigious annual list recognizes the continent’s most exciting and innovative private technology companies.

Winners were selected from a wide range of industries including fintech, marketing, security, IoT and more by a panel of industry experts, insiders, and journalists based on financial performance, innovation, business strategy and market penetration. Socure has been invited to showcase its business at the Red Herring Top 100 Global event in October.

“North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies this year has been a thrilling experience. The competition was incredibly strong,” said Red Herring chairman Alex Vieux. “We believe Socure embodies the drive, skill, and passion on which tech thrives. The company should be proud of its achievement.”

Red Herring’s editors have been evaluating the world’s startups and tech companies for over two decades. It gives them the ability to see through the industry’s hype, and pick firms that will continue on a trajectory to success. Brands such as Alibaba, Google, Kakao, Skype, Spotify, Twitter and YouTube have all been singled out in Red Herring’s storied history. 

“We are grateful for being named a Red Herring 100 Company, joining so many technology giants who have previously won this award,” said Tom Thimot, CEO of Socure. “Our identity verification software sources live digital data and correlates thousands of online and offline data points to create a true, holistic model of authentic customer identity in seconds.  Socure provides game changing technology for enterprises that want to onboard new customers with zero friction while virtually eliminating fraud.”

Read the full press release on Business Wire.

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Socure is the leading platform for digital identity trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real time. The company has more than 500 customers across the financial services, gaming, telecom, and e-commerce industries, including three of the top five banks, seven of the top 10 card issuers, three of the top MSBs, the top payroll provider, the top credit bureau, and over 100 of the largest and most successful FinTechs. Marquee customers include Chime, Varo Money, Public, Stash, and DraftKings. Investors include Accel, Commerce Ventures, Scale Venture Partners, Flint Capital, Capital One Ventures, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others.

Socure has received numerous industry awards and accolades, including being named to Forbes America’s Best Startup Employers 2021, being awarded Best New Technology Introduced over the Last 12 Months – Data and Data Services at the 2020 American Financial Technology Awards (AFTAs), being ranked number 70 in Deloitte’s Technology Fast 500™, being listed as a Gartner Cool Vendor, being recognized by Forbes as one of the Top 25 Machine Learning Startups to Watch, being named to CB Insights: The FinTech 250, and being awarded Finovate’s Award for Best Use of AI/ML, to name a few.

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Janine Savarese
Savarese Communications
(908) 461-5767
jsavlowe@savcopr.com