ClearStar, Inc., a leading background check technology and service provider, announced today that they have been ranked No. 3032 by Inc. magazine on its seventh 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. Fuhu tops this year’s list. ClearStar joins LivingSocial, Edible Arrangements, CDW and Lifelock, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
“The most important investment a company can make in a challenging economy is in its people,” stated Robert J. Vale Jr., CEO of ClearStar. “ClearStar has a culture comprised of caring professionals who thrive on contributing to make the world a safer place to live and work. Passion is a word that is overused by companies in describing their goals and ethos. At ClearStar, passion in our service, our business relationships, and our commitment to consumers and job candidates is not something we talk about much, because it just is. It’s the glue that holds our team together and focuses our drive forward to do good work.”
ClearStar’s three-year sales growth from 2009 to 2012 of 110 percent has earned them a ranking of 3032 on the list and the honor of a place on the Inc. 5000 Honor Roll as a now more than five-time honoree. “The honor of receiving this recognition six years in a row is a testament to the trust of our clients and to the dedication for constant improvement, year-after-year, by our team,” concluded Vale.
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/inc5000/list/2013.
“Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” says Inc. Editor Eric Schurenberg.
Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline candidates for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit visit www.inc.com.
About ClearStar
ClearStar, Inc. is an advocate for candidates and a leading and trusted provider of background check technology, strategic services and decision-making information to employers and background screening companies.
ClearStar’s purpose is to help people affirm the truth about themselves and to know the truth about others. A six-time Inc. 5000 honoree and founding member of the National Association of Professional Background Screeners, ClearStar has provided innovative technology solutions to businesses in the human capital management industry from its corporate offices in Alpharetta, Georgia since 1995. For more information about ClearStar, please visit: www.clearstar.net.
