Socure has created a new President and Chief Commercial Officer role and promoted Matthew Thompson into it, positioning him alongside founder and CEO Johnny Ayers to steer global expansion and the company’s bid to become the core identity and risk infrastructure provider everywhere that trust matters on the Internet. The move formalizes Thompson’s role as a key strategic partner as Socure pitches its RiskOS platform as foundational identity infrastructure for both human and machine-driven transactions.
Thompson previously served as Chief Revenue Officer, where Socure reports 51 percent year-over-year revenue growth in Q3, profitability for the past 10 months, annual recurring revenue nearing 300 million dollars, and a pipeline on track to add more than 100 million dollars in new business in 2025. The company also cites net dollar retention above 130 percent, gross dollar retention above 99 percent, and tens of billions of identity and risk events processed annually. Socure says more than one third of Q3 deals were entirely outside the United States, underscoring an acceleration of its international business.
Under Thompson’s leadership, Socure has pushed to reposition itself from point-solution digital identity verification to an end-to-end identity and risk decisioning stack centered on RiskOS, which is framed as an operating system for identity, compliance, and fraud decisions across large enterprises. Recent investments include the integration of Effectiv, pitched as a unified identity, fraud, and risk decision engine, and Qlarifi, described as a real-time BNPL consumer credit database. Together these assets support Socure’s broader “identity infra” story around combining fraud, credit, and compliance signals in one fabric.
The company is explicitly tying this leadership change to an intensifying threat environment. Socure highlights deepfakes, synthetic identities, automated injection attacks, and a claimed 80-to-1 ratio of machine identities to human identities on the internet as drivers for more automated risk decisioning and AI agents built directly on identity infrastructure. Thompson’s background, including founding ID.me, leading IDEMIA’s Identity and Security North America business, and holding patents in biometric liveness and multi-factor authentication, reinforces Socure’s effort to present itself as a long-term infrastructure provider for AI-driven digital identity rather than just another KYC vendor.
Sources: Socure / BusinessWire
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By the ID Tech Editorial Team
