By ClearStar | Aug 25, 2011 | Company News
ClearStar, a leading background check technology and service provider, announced today that they have been ranked No. 3054 by Inc. magazine on its fifth annual Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. ClearStar joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350, 000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
“During this period of record unemployment rates, HR executives are putting immense pressure on their service partners to provide added‐value, ” stated Robert J. Vale Jr., CEO of ClearStar. “We’ve responded – and been rewarded – for delivering flexible technology and intuitive services to our partners, employers and end user consumers of background screening information.”
ClearStar’s three‐year sales growth of 66% earned them a ranking of 3054. This year marks the fourth year in a row that ClearStar has been included on the list. “Not many companies have the stamina to be listed four times in a row, ” concludes Vale, “This is a testament to the concerted efforts of our clients, strategic partners and the ClearStar team.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710, 106, Inc. provides hands‐on tools and market‐tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
ClearStar, Inc. is a trusted provider of background check technology, strategic services and decision‐making information. ClearStar’s HR‐XML Consortium certified technology platform and innovative tools like Web services, Web Application Programming Interface (Web API) and shared source code separate ClearStar from its competitors the crowded background check industry. A four‐time Inc. 5000 honoree, ClearStar has provided innovative technology solutions to businesses in the human capital management industry from its corporate offices near Atlanta, Georgia since 1995. For more information about ClearStar, please visit: www.ClearStar.net.