ClearStar - About the company
ClearStar is an acquired company based in Alpharetta (United States), founded in 1995. It operates as a Background screening platform for contract workers. ClearStar has raised an undisclosed amount in funding. The company has 342 active competitors, including 39 funded and 33 that have exited. Its top competitors include companies like Checkr, Fama and First Advantage.
Company Details
Clear Star is background screening platform for contract workers. The app uses on the spot ID match and face -match technology to verify contractors. Employers have to fill in basic details, capture consent and take photos of candidates' face and ID. CleatContact helps organize and store all background check data of the contractors. Additional checks can be facilitated by the platform. Also contrators can be categorised based on place and postition and contacted via the app.
- Website
- www.clearstar.net/
- Registered Address
- Alpharetta, Georgia
Key Metrics
Founded Year
1995
Location
Alpharetta, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
29th among 342 active competitors
Employee Count
133 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Hanover Investors (Sep 16, 2020)
Legal entities associated with ClearStar
ClearStar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLEARSTAR, INC. CIN: 582165177 , United States, Active | Dec 26, 999 | - | 73 (As on Dec 31, 2020) | - |
ClearStar's acquisition details
ClearStar got acquired by Hanover Investors on Sep 16, 2020 at an acquisition amount of $*****.
Click here to take a look at ClearStar's acquisition in detail
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ClearStar's funding and investors
ClearStar has raised funding over 2 rounds. Its first funding round was on Jul 24, 2014. Its latest funding round was a Conventional Debt round on Oct 25, 2017 for $*****. 1 investor participated in its latest round. ClearStar has 1 institutional investor.
Here is the list of recent funding rounds of ClearStar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 25, 2017 | 2109407 | Conventional Debt | 3889341 | 2842572 | 8235867 | 8722910 |
Jul 24, 2014 | 7372843 | Post IPO | 2623856 | 7386681 | 6612452 | 6339093 |
View details of ClearStar's funding rounds and investors
ClearStar's founders and board of directors
Founder? Claim ProfileClearStar's employee count trend
ClearStar has 133 employees as of Jun 26. Here is ClearStar's employee count trend over the years:
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ClearStar's Competitors and alternates
Top competitors of ClearStar include Checkr, Fama and First Advantage. Here is the list of Top 10 competitors of ClearStar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Checkr 2014, San Francisco (United States), Series E | Provider of background checks, identity verification, and compliance management solutions | $680M | 76/100 | |
2nd | Fama 2015, Los Angeles (United States), Series B | Social Media Background and Digital Footprint check | $14.2M | 67/100 | |
3rd | First Advantage 2003, Atlanta (United States), Public | Provider of background checks and screening services | - | - | 67/100 |
4th | Provider of background screening and identity verification solutions for businesses | $125M | 66/100 | ||
5th | Provider of AI-driven background check services with human quality control | $9.32M | 66/100 | ||
6th | Intelligo Group 2014, New York City (United States), Acquired | Cloud-based customer identity and background verification solutions | $44M | 66/100 | |
7th | AuthBridge 2005, Gurugram (India), Series B | Provider of identity verification, employee screening, and due diligence platform | $11.2M | 64/100 | |
8th | KarmaCheck 2019, San Francisco (United States), Series B | Cloud-based applicant tracking system for employee backround checks | $60M | 62/100 | |
9th | Provider of backgroud verification solutions for appliacant tracking | $441K | 60/100 | ||
10th | Veremark 2018, London (United Kingdom), Series B | Reference checking and CV validation solutions provider | $40.4M | 59/100 | |
29th | ClearStar 1995, Alpharetta (United States), Acquired | Background screening platform for contract workers | - | 45/100 |
Looking for more details on ClearStar's competitors? Click here to see the top ones
ClearStar's Investments and acquisitions
ClearStar has acquired ESR. ClearStar has not made any investments as of now.Reports related to ClearStar
Here is the latest report on ClearStar's geography:
News related to ClearStar
Media has covered ClearStar for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
ClearStar Named a Top 5 Mid-Market Leader in HRO Today’s 2025 Baker's Dozen for Pre-Employment ScreeningAccess Newswire•Nov 14, 2025•ClearStar
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ClearStar Exhibiting at PBSA 2025 from October 26-28 in Anaheim, CaliforniaAccess Newswire•Oct 22, 2025•ClearStar
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ClearStar Recognized as NDASA Accredited Third Party AdministratorAccess Newswire•Oct 20, 2025•ClearStar
•
ClearStar and Paylocity Partner Together to Accelerate Safer HiringNewswire•Oct 01, 2024•ClearStar, Paylocity
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ClearStar Achieves ISO 27701:2019 Certification for Privacy Information Management System (PIMS)GlobeNewswire•Aug 28, 2023•ClearStar
•
Hanover Investors raises £150m for new £300m PE fundPrivate Equity Wire•Feb 03, 2023•Hanover Investors, Brady, ClearStar, ZetaDisplay and 1 other
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ClearStar, Inc., Announces Dave Morgan as Chief Financial OfficerGlobeNewswire•Oct 20, 2022•ClearStar, Cendyn
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Leader Ncontracts Appoints Matthew Peace as New Chief Financial OfficerBusiness Wire•Jul 19, 2022•Ncontracts, ClearStar
•
ClearStar Names Three New C-Suite Executives as Company Eyes Unprecedented GrowthGlobeNewswire•Apr 27, 2022•ClearStar
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