Socure raises $156M, buys Fravity to automate fraud investigations
Johnny Ayers' identity platform is valued at $5.2B as it folds two PayPal fraud veterans' investigation software into RiskOS.
By RuntimeWire Staff · Published
Primary source: Crunchbase News
Why it matters
Socure is pairing a large identity-data network with agents that perform the costly work after fraud alerts fire. Fravity turns that strategy into a product rather than a slide in an AI roadmap.
Johnny Ayers has raised $156 million for Socure at a $5.2 billion valuation and acquired Fravity, an Austin developer of AI agents that investigate fraud and compliance, Socure announced Thursday, with the transaction also reported by [Crunchbase…