Hirease

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Hirease - overview

Established

2002

Location

Southern Pines, NC, US

Primary Industry

Software

About

Hirease is a company focused on providing efficient employment background screening solutions that assist organizations in making informed hiring decisions across various industries. Founded in 2002, Hirease offers employment screening solutions to streamline hiring processes. In November 2014, Hirease was acquired by Accurate Background, a portfolio company of Boathouse Capital. The company is headquartered in Southern Pines, US.


The founder's specific history is not publicly available, nor are there mentions of any additional subsidiaries or parent companies. Hirease specializes in comprehensive employment background screening solutions designed to enhance the hiring process for organizations in diverse sectors. Their offerings include criminal background checks, credit checks, driving history verifications, drug and health screenings, and global searches, all tailored to comply with local regulations such as EEOC, FCA, and RSA. The solutions integrate seamlessly with existing applicant tracking systems and HR technologies to ensure a smooth user experience for employers and candidates.


Hirease serves clients across North America, Europe, Asia, and Australia, including major companies in healthcare, financial services, retail, and technology. Hirease generates revenue through a subscription-based model that offers scalable background screening solutions tailored to specific client needs. Clients typically engage for ongoing background checks, including large-volume screenings for organizations employing thousands of individuals. This model fosters long-term partnerships, with clients selecting customized service packages based on their hiring requirements.


Pricing plans are structured to accommodate both small businesses and large organizations. Moving forward, Hirease plans to leverage its recent acquisition by Accurate Background to enhance its service offerings and explore new product launches. While specific upcoming products have not been detailed, the company aims to expand its services into new geographical markets beyond its current regions. The strategy will likely involve utilizing resources from the recent acquisition to fuel these initiatives, aligning with a goal to enhance their background screening technologies by the end of 2024.


Current Investors

Accurate Background, LLC

Primary Industry

Software

Sub Industries

Security Services, Monitoring & Security Software, HR & Workforce Software

Website

www.hirease.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hirease - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHirease-

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