# HireRight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hireright

- Industry: Software
- Headquarters: Nashville, US
- Website: www.hireright.com/
- Total disclosed funding: $7.2M
- Latest round: Series B (Apr 10, 2002)
- Investors on record: 3

## About

Founded in 1990 and headquartered in Nashville, US, HireRight LLC operates as a background screening firm offering identity verification and compliance management services. The company went public on the NASDAQ Global Market in August 2007, pricing its shares at USD 15 each, and was subsequently acquired by Altegrity in August 2008 for USD 249 million. Guy Abramo currently serves as CEO. In February 2024, General Atlantic and Stone Point Capital agreed to acquire HireRight LLC for USD 1.65 billion in cash, or USD 14.35 per share, in a public-to-private transaction. The deal was completed in June 2024 and the company was delisted from the New York Stock Exchange.

HireRight is the world's largest global provider of background screening solutions, offering a comprehensive suite of services including identity verification, employment history verification, criminal record checks, drug and health screening services, and compliance management solutions. These services cater to a diverse client base across North America, Europe, Asia-Pacific, and emerging markets, supporting organizations in validating candidates' identities and ensuring compliance with regulations.

The company generates revenue primarily through subscription-based models for background screening services, allowing clients to select tailored packages based on their operational needs.

Following its latest funding round of Buyout led by General Atlantic and Stone Point Capital, HireRight plans to utilize these funds to enhance its service offerings and expand into new markets. The company is focused on developing upcoming products that streamline the hiring process and plans to target expansion in European and Asian markets by 2025.

## Funding rounds

- Series B, Apr 10, 2002, $7.2M — Baird Capital Partners, Bank of New York Mellon Private Equity, St. Paul Venture Capital

## Investors

- Baird Capital Partners (https://capitalatlas.ai/funds/baird-capital-partners) — Series B
- Bank of New York Mellon Private Equity (https://capitalatlas.ai/funds/bank-of-new-york-mellon-private-equity) — Series B
- St. Paul Venture Capital (https://capitalatlas.ai/funds/st-paul-venture-capital) — Series B