ClearForce, Inc.

Protecting Organizations from People Risk
Washington

About ClearForce, Inc.

ClearForce is a people risk analytics company that combines software, data services, compliance, and workflow automation to build safe and secure organizations. Our patent-pending Resolveā„¢ platform and continuous evaluation solutions help public and private sector organizations mitigate people risk associated with mission critical initiatives for insider threat, workplace safety, cyber security, SAFETY Act, trusted workforce, and suicide prevention

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Problem statement

94% of businesses perform pre-employment criminal background checks according to the Professional Background Screening Association (PBSA). Yet there continues to be an explosion of front-page news regarding fraud, theft, violence, and other people risk threats costing lives and reputations. One-time pre-employment background checks are simply not enough. Annual or recurring background checks only compound the cost exponentially and do not solve the problem. There are many known gaps in background checks. They are expensive, take days/weeks, contain limited point-in-time data, and do not provide the real-time multi-source tip/lead data that security and risk management leaders require for investigation. ClearForce is leading a new path forward.

Traction information

ClearForce achieved profitability, cash flow neutral and high growth.
Enterprise customers : DoD, DHS, FedEx, American Express, LiveNation, Southern Company.
Institutional investors : Centricus, Capital Factory, Perot Jain, Bluewing, Bluewater International.
Board of Directors: General James Jones, USMC (ret.), Dann Adams (former President of Equifax), Harry Gambill (former CEO of Trans Union), Norm Willox (former Chief Privacy Officer Lexis Nexis).
Processing 130,000+ individuals in real-time

Product video

Milestones

February 2024

Hired VP Finance

Jason Norsen

January 2024

Patent Approved

2015 patent - will issue March 2024

December 2023

Bridge Bank Credit Facility

$3M, Term/Line of Credit

October 2023

Hired Chief Revenue Officer

Dacia Edmondson (Equifax, Lexis)

March 2023

Hired Chief Product and Marketing Officer

Chad Lafon

October 2022

Profitable

operating profitable in H2 2022

July 2022

Processing 130K+ individuals

24/7 alerating

December 2021

$5M+ ARR

Commerical + Government

September 2021

First Federal Contract

DHS via prime

April 2019

First Enterprise Customer

Live Nation

June 2018

Major Institutional Investor

Centricus

May 2017

Live Beta

AFBA into production

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Funding

Not raising capital right now

Total raised to date:$10,000,000
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