INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced that Socure founder and CEO Johnny Ayers was named an Entrepreneur Of The Year® 2022 Award winner. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed. An independent panel of judges selected Ayers based on his entrepreneurial spirit, purpose, growth and impact, among other impressive contributions and attributes.
Ayers launched Socure in 2012 with the ambitious mission to verify 100% of good identities in real-time and completely eliminate identity fraud for every applicant on the internet. Today, Socure is the market leader and highest valued company in the identity verification space. Its customers rely on the platform’s ability to not only provide the most precise identity fraud classification model in the industry, but to also deliver unparalleled accuracy with auto-approval rates of up to 98% for mainstream demographics, and up to 94% for the hard-to-identify populations such as Gen Z, millennials, credit invisible, thin-file, and new-to-country.
“When we founded Socure, the goal was to build the future of identity verification and fraud prevention on the web by using the newest forms of graph-defined analytics and supervised machine learning, combined with the wealth of new information being generated on the internet by consumers,” said Ayers. “In combination with traditional data assets, I believe it’s possible to eliminate identity fraud and solve for the ability to equitably verify every identity, anywhere in the world. I appreciate EY recognizing the importance of that goal to society and the commitment that myself, and the entire Socure team of all-stars have made in achieving it.”
As an award winner, Ayers will be considered by the National independent panel of judges for the Entrepreneur Of The Year 2022 National Awards. National finalists and winners, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the annual Strategic Growth Forum®. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2023.
The Entrepreneur Of The Year program has honored the inspirational leadership of entrepreneurs such as:
- Cherie Kloss of SnapNurse
- Saeju Jeong of Noom
- Joe DeSimone of Carbon, Inc.
- Howard Schultz of Starbucks Coffee Company
- Jodi Berg of Vitamix
- Reid Hoffman and Jeff Weiner of LinkedIn Corporation
- Hamdi Ulukaya of Chobani, Inc.
- Kendra Scott of Kendra Scott LLC
- Andreas Bechtolsheim and Jayshree Ullal of Arista Networks
- James Park of Fitbit
- Daymond John of FUBU
- Sheila Mikhail of AskBio
About Entrepreneur Of The Year
Entrepreneur Of The Year is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National overall winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy
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Socure is the leading platform for digital identity verification and 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 1,000 customers across the financial services, government, gaming, healthcare, telecom, and e-commerce industries, including four 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, the top online gaming operator, the top Buy Now, Pay Later (BNPL) providers, and over 250 of the largest fintechs. Marquee customers include Chime, SoFi, Varo, Gusto, Public, Stash, and DraftKings. Socure customers have become investors in the company including Citi Ventures, Wells Fargo Strategic Capital, Capital One Ventures, MVB Bank, Voyager, and Synchrony. Additional investors include Accel, T. Rowe Price, Bain Capital Ventures, Tiger Global, Commerce Ventures, Scale Venture Partners, Sorenson, Flint Capital, Two Sigma Ventures, and others.
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