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First Advantage

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Providing background screening solutions to help organizations make informed hiring decisions

Atlanta, United StatesFounded 2003Jobs Recruitment
Valuation $3.71B Market cap · 2026
Revenue $1.71B Latest reported FY
EBITDA $441M Latest reported FY

About First Advantage

First Advantage is a global provider of background screening, identity verification, and risk management solutions. The company helps businesses conduct pre-employment checks, including criminal background searches, drug testing, identity verification, and employment and education history validation. They also offer ongoing monitoring services, such as motor vehicle records tracking and criminal record updates, to help organizations maintain compliance and reduce risks after hiring.

With operations in over 200 countries, First Advantage serves clients across various industries, including healthcare, finance, transportation, and retail. Their technology-driven platform processes millions of background checks annually, providing employers with fast and reliable insights. In 2024, the company acquired Sterling Check Corp, expanding its market presence.

First Advantage focuses on accuracy, compliance, and security in its screening processes, integrating artificial intelligence and automation to improve efficiency. Their services are designed to help businesses make informed hiring decisions while ensuring a safe and compliant workplace.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2003
Headquarters
Atlanta, United States
Listing
IPO 2021
Employees
10,041
Open positions
66
Dealroom signal
80.3/100
Industry
Jobs Recruitment
Sector
Jobs Recruitment, Human Resources, Risk Management, Became $1B as Subsidiary, Became Thoroughbred as Subsidiary
Client focus
b2b
Investment activity
6 companies, latest Feb 2024
Capital deployed
$2M
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SECONDARY✓Other financing Aug 2026 $278M — Undisclosed ↗
POST IPO DEBT✓Debt Oct 2024 $1.6B — Undisclosed ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $1.7B +8.6% $441M 25.8% −$35M -2% $102M
2025 $1.6B +83% $441M 28% −$35M -2.2% $102M
2024 $860M +12.6% $84M 9.7% −$110M -12.8% $64M
2023 $764M -5.7% $211M 27.6% $49M
2022 $810M +13.7% $233M 28.7%
2021 $712M +47.9% $207M 29%
2020 $482M — $119M 24.7%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

First Advantage website traffic

Latest recorded traffic for First Advantage is 3.3M monthly website visits, up 10% over the last three months. First Advantage's team grew 5.8% over the past year.

Latest monthly visits3.3M 3-month web change+10% 1-year team growth+5.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Symphony Technology Group
  • Silver Lake Partners

Other known investors1 additional known investor

  • Grayhawk Capital
Team profiled 94 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Atlanta HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about First Advantage on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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