Company Market Research Report
Company Overview
Name:
CLEAR Secure, Inc.
Mission:
To enable frictionless and safe journeys using your identity.
Founded:
Acquired out of bankruptcy in 2010 by Caryn Seidman-Becker and Ken Cornick.
Key People:
- Caryn Seidman-Becker: Chair, CEO, and Co-Founder
- Ken Cornick: President, CFO, and Co-Founder
Headquarters:
85 10th Ave, 9th Floor, New York, NY 10011
Number of Employees:
No information is available
Revenue:
No information is available
What is the Company Known For:
CLEAR's identity platform connects users to the cards in their wallet and more, transforming the way customers live, work, and travel using face, eyes, and fingerprints to verify identity.
Products
CLEAR Plus
A paid membership providing expedited airport security.
- Key Features:
- Use face, eyes, or fingerprints for identity verification.
- Access to 100+ CLEAR Lanes at 58 airports.
- Family members under 18 can join for free.
TSA PreCheck®
Expedited security screening.
- Key Features:
- Speed up the screening process without removing shoes, laptops, 3-1-1 liquids, belts, or light jackets.
- Available at 200+ airports.
CLEAR Mobile
Dedicated airport security lane.
- Key Features:
- Access without a reservation using a QR code.
- Free for CLEAR Plus Members.
RESERVE
Booking system for airport security.
- Key Features:
- Free service at select airports.
- Reserved time slots for security screening.
CLEAR Verified
Connected identity platform for businesses.
- Key Features:
- Configurable across various business needs like fraud risk checks and document authentication.
- Supports 200 documents globally.
- Compliance with SOC 2, PAD-2, IAL2, and AAL2 standards.
Recent Developments
New Products Launched:
- CLEAR Mobile: Launched a new mobile application for predictable airport security.
- RESERVE: A free reservation system for airport security.
New Features Added:
No information is available.
Recent Partnerships:
- Delta Air Lines: A 4,000,000 block share repurchase agreement and a $100 million increase to share repurchase authorization.
- Notified: Brought industry-leading identity verification to GlobeNewswire press releases.
New Locations:
- Honolulu's Daniel K. Inouye International Airport: Launch of new lanes.
- Various new locations: Expansion across several airports and stadiums.
Financial Developments:
- Share Repurchase Agreement: Agreement with Delta Airlines.
- Quarterly Dividend: Announced a regular quarterly cash dividend of $0.10.
Other Developments:
- TSA PreCheck® Enrollment and Renewal: Expanded options by opening new locations.
No additional commentary is available at this time.
