Asurint

About Asurint

Asurint provides technology-driven background screening solutions designed to streamline the hiring process for employers. The company was co-founded in 2004 by Gregg Gay and Connie Clore, two industry experts who questioned why background checks couldn't leverage technology for better results. Gregg Gay, who served as CEO, brought over two decades of experience in managing high-growth companies and previously worked in public accounting at Cooper & Lybrand after earning a B.A. in Accounting. His leadership was instrumental in attracting talent and financial sponsors, propelling the company's growth. The current CEO is Alla Schay, a seasoned executive with extensive experience in the business services industry, including 16 years at Sterling, a major background screening company.

Asurint operates in the human capital services and HR technology market, serving a diverse client base that includes industries such as staffing, healthcare, transportation, retail, and non-profits. The business model centers on providing faster and more accurate background checks by using proprietary technology instead of relying solely on manpower or conventional databases. Revenue, estimated to be between $40.4M and $49M annually, is generated by offering these screening services to businesses of various sizes. The company's platform is designed to be user-friendly for both administrators and applicants, offering customizable screening packages that can include drug testing.

The core of Asurint's service is its technology platform, which automates and manages criminal record searches, employment and education verification, drug testing, and motor vehicle records. A key feature is its proprietary IQLogics® decision engine and Direct Court Access, which covers a significant portion of the U.S. population and aims to provide same-day results for a high percentage of screens. This technology-first approach allows for results that are reportedly 24-36 hours faster than competitors. The platform also includes features to help clients navigate compliance with regulations like the Fair Credit Reporting Act (FCRA) through automated processes for redactions and adverse action letters. Furthermore, Asurint integrates with over 40 applicant tracking systems (ATS), enabling recruiters to initiate checks directly from their existing workflow.