About ClearStar
ClearStar is a company based in Alpharetta (United States) founded in 1995 was acquired by Hanover Investors in September 2020.. The company has 73 employees as of December 31, 2022. ClearStar has completed 1 acquisition, including Employment Screening Resources. ClearStar operates in a competitive market with competitors including IDfy, Checkr, Certn, KarmaCheck and Fama, among others.
- Headquarter Alpharetta, United States
- Employees 73 as on 31 Dec, 2022
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Clearstar, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$5 M (USD), Debt – Conventional
Oct 25, 2017
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Investors
SVB
& 1 more
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Employee Count
73
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Hanover Investors
(Sep 16, 2020)
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Funding Insights of ClearStar
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(24 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Debt – Conventional - ClearStar | Valuation |
investors |
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| Jul, 2014 | Amount | Post-IPO - ClearStar | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ClearStar
ClearStar has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB and Hanover Investors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hanover Investors is focused on alternative investment strategies.
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Founded Year | Domain | Location | |
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Banking services are provided to innovative companies, investors, and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ClearStar
ClearStar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Employment Screening Resources. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Employee background checks and screening services are provided by ESR.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ClearStar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clearstar Comparisons
Competitors of ClearStar
ClearStar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IDfy, Checkr, Certn, KarmaCheck and Fama, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
AI platform for employee background verification is utilized.
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| domain | founded_year | HQ Location |
AI-enabled platform for background verification and profiling is provided.
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| domain | founded_year | HQ Location |
Cloud-based background checks for employee screening are facilitated.
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| domain | founded_year | HQ Location |
Social Media Background and Digital Footprint check
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| domain | founded_year | HQ Location |
Background verification for candidates' employment and income is automated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clearstar
Frequently Asked Questions about ClearStar
When was ClearStar founded?
ClearStar was founded in 1995 and raised its 1st funding round 19 years after it was founded.
Where is ClearStar located?
ClearStar is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
How many employees does ClearStar have?
As of Dec 31, 2022, the latest employee count at ClearStar is 73.
What does ClearStar do?
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.
Who are the top competitors of ClearStar?
How many acquisitions has ClearStar made?
ClearStar has made 1 acquisition, including Employment Screening Resources.
Who are ClearStar's investors?
ClearStar has 2 investors. Key investors include SVB, and Hanover Investors.
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