Socure To Appoint Matt Thompson As President & CCO Amid Hypergrowth
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Socure to appoint Matt Thompson as President & CCO amid hypergrowth. Socure, the AI-first platform for global identity and risk decisioning, has named Matthew Thompson President and Chief Commercial Officer to partner with Founder and CEO Johnny Ayers to lead the company's global expansion, commercial, public sector and workforce hypergrowth, and accelerate the building of the industry's first decacorn. Thompson, a digital identity pioneer and a highly decorated combat veteran, most recently served as Socure's Chief Revenue Officer (CRO). Under his leadership, the company most recently achieved 51 percent year-over-year revenue growth for Q3, has been profitable for 10 months in a row, is on track to book more than $100 million of new business in 2025, exceed 130% Net Dollar Retention and deliver six consecutive quarters outperforming aggressive targets with Gross Dollar Retention of >99%. Processing tens of billions of identity and risk events a year, with ARR nearing $300M, Socure continues to rapidly distance itself from the rest of the market with its superior approval rates, fraud capture rates and AI-on-offense capabilities. During this period, Socure also accelerated its evolution from an identity verification solution provider to a full end-to-end identity and risk-decisioning platform with RiskOS fast becoming the operating system that the world's most valuable...
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