HireRight

Nashville, United States Founded: 1995 • Age: 31 yrs
Background screening services are provided to employers worldwide.

About HireRight

HireRight is a company based in Nashville (United States) founded in 1995.. HireRight has raised $22.33 million across 6 funding rounds from investors including General Atlantic, USIS and Baird Capital. The company has 1,249 employees as of March 30, 2024. HireRight has completed 8 acquisitions, including BGC BRASIL, Backtracker and ClearChecks. HireRight offers products and services including Global ID Check, Global Employment Verification, Global Criminal Search, Drug and Alcohol Testing, and Health Care Sanctions Check. HireRight operates in a competitive market with competitors including Sterling, First Advantage, TalentWise, Orange Tree Employment Screening and i Back Tune, among others.

  • Headquarter Nashville, United States
  • Employees 1249 as on 30 Mar, 2024
  • Stage Public
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hireright Background Screening India Llp
  • Date of Incorporation 14 Feb, 2018
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.33 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    1249

    as on Mar 30, 2024

  • Investments & Acquisitions
    BGC BRASIL

    & 7 more

  • Acquired by

    & 1 more

    (Feb 16, 2024)

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Products & Services of HireRight

HireRight offers a comprehensive portfolio of products and services, including Global ID Check, Global Employment Verification, Global Criminal Search, Drug and Alcohol Testing, and Health Care Sanctions Check. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Validates candidate identity documents for authenticity.

Confirms employment history with global employers.

Searches criminal records from worldwide sources.

Offers testing options for pre-employment needs.

Identifies sanctioned individuals in healthcare.

People of HireRight
Headcount 1000-5000
Employee Profiles 319
Employee Profiles
People
Udayashankar G
Manager - Operational Excellence
People
Ding Li
Sr. Dynamics Specialist
People
Alex Rudenko
Vice President Of Product Development
People
Sunil Shah
Team Lead

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Funding Insights of HireRight

HireRight has successfully raised a total of $22.33M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round
  • First Round

    (10 Apr 2002)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Series B - HireRight Valuation General Atlantic
Mar, 2017 Amount Private Equity Round - HireRight Valuation

investors

Feb, 2003 Amount Series B - HireRight Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HireRight

HireRight has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include General Atlantic, USIS and Baird Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity fund focused on global markets
Founded Year Domain Location
Global private equity and venture capital investments in B2B Tech & Services companies.
Founded Year Domain Location
Investment management services are provided to clients by Mellon.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HireRight

HireRight has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BGC BRASIL, Backtracker and ClearChecks. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Offers digital background checks and risk verification for businesses in Brazil.
2017
Cloud-based background checks for candidates are facilitated.
2017
Background checking services are provided for employment and security needs.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HireRight

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hireright Comparisons

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Competitors of HireRight

HireRight 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 Sterling, First Advantage, TalentWise, Orange Tree Employment Screening and i Back Tune, 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
Cloud-based applicant tracking for background checks is facilitated.
domain founded_year HQ Location
Background checks and screening services are provided for businesses.
domain founded_year HQ Location
Candidates are screened and onboarded via SaaS platform for enterprises.
domain founded_year HQ Location
Background screening services are provided to HR companies.
domain founded_year HQ Location
HR services are delivered to clients in Hangzhou, China.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hireright

Frequently Asked Questions about HireRight

When was HireRight founded?

HireRight was founded in 1995 and raised its 1st funding round 7 years after it was founded.

Where is HireRight located?

HireRight is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.

Who is the current CEO of HireRight?

Guy Abramo is the current CEO of HireRight.

Is HireRight a funded company?

HireRight is a funded company, having raised a total of $22.33M across 6 funding rounds to date. The company's 1st funding round was a Series B of $9.18M, raised on Apr 10, 2002.

How many employees does HireRight have?

As of Mar 30, 2024, the latest employee count at HireRight is 1,249.

What does HireRight do?

HireRight was founded in 1995 and is headquartered in Nashville, United States. Background screening and verification services are offered to businesses across various industries, including employment checks, criminal records searches, and identity verification. Operations are conducted globally, supporting hiring processes for employers in multiple sectors. Leadership is provided by CEO Guy Abramo, with a focus on compliance and data security in human resources technology.

Who are the top competitors of HireRight?

HireRight's top competitors include First Advantage, Sterling and Cisive.

What products or services does HireRight offer?

HireRight offers Global ID Check, Global Employment Verification, Global Criminal Search, Drug and Alcohol Testing, and Health Care Sanctions Check.

How many acquisitions has HireRight made?

HireRight has made 8 acquisitions, including BGC BRASIL, Backtracker, and ClearChecks.

Who are HireRight's investors?

HireRight has 5 investors. Key investors include General Atlantic, USIS, Baird Capital, Mellon, and SEO Service Agent.

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