154 Percent Revenue Growth Fueled by Ability to Deliver Unmatched Technology and Services that Support Positive Customer and Candidate Screening Experiences
Irvine, CA, November 16, 2015 — Accurate Background, the fastest growing and most trusted provider of employment background screening, today announced it ranked 410 on Deloitte’s Technology Fast 500™, a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Accurate Background grew revenue 154 percent during this period.
Accurate Background has historically found strong growth in the Enterprise sector. In 2015 alone, more than 500 customers have signed up, including prominent names in the Fortune 1000 that have helped build the company’s global footprint. They have also established and leveraged strategic partnerships with key Human Capital Management vendors enabling integrated screening capabilities for recruitment processes.
New growth is also coming from the trust economy, where Accurate Background has successfully extended its screening services to drive share, on-demand and online contractor network customers. Much of this new growth has come from its improved mobile offering, API solution and continued focus on local and international service capabilities. Accurate Background has been at the forefront of innovative background checks since its founding in 1997 and recently announced enhancements to the Accurate API, which now provides employment and education verifications, as well as drug testing capabilities.
Accurate Background’s chief executive officer, Dave Dickerson, credits the company’s unmatched commitment to the customer and candidate experience, deep industry knowledge, and best-in-class technology with the company’s growth. Mr. Dickerson stated, “We are honored to once again be included in Deloitte’s Technology Fast 500. This recognition comes on the heels of our recent enhancements to our background screening API and showcases our commitment to delivering the expertise, partnerships and technologies our customers need to build trusted relationships.”
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
Accurate Background previously ranked 465 as a Technology Fast 500™ award winner for 2014.
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About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Accurate Background
Accurate Background is a trusted provider of automated workforce screening. U.S. and international clients across all industries, from emerging businesses to Fortune 500 companies, rely on their compliant solutions. Accurate Background is accredited by the National Association of Professional Background Screeners and is ISO certified. The company has been recognized by HRO Today Baker's Dozen for customer satisfaction in pre-employment screening, Inc. 5000, and Deloitte Technology Fast 500.
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