How Much Did Absolute Background Search Raise?
Funding & Key Investors

Absolute Background Search has secured a significant capital injection, bringing its total funding to $46K. This latest financing round, which contributed $46K in expansion capital, underscores the firm's robust position within the competitive landscape of human capital management and risk mitigation services. By leveraging this debt-based investment, the company is well-positioned to accelerate its operational capabilities and enhance its proprietary screening infrastructure.

Absolute Background Search
Business ServicesSecurity Information and Event Management (SIEM)Human Resources Management Systems (HRMS)

Headquartered in Tarpon Springs, Florida, Absolute Background Search has established itself as a critical player in the pre-employment screening sector since its inception in 2000. The company provides a comprehensive suite of verification services, including criminal record checks, employment and education verification, drug screening, and professional license validation. Central to its service delivery is the proprietary SMART Search technology, which integrates a nationwide network of researchers to provide high-fidelity data to clients across diverse sectors such as healthcare, automotive, and staffing. By streamlining the vetting process, the firm enables organizations to maintain workforce integrity and regulatory compliance through a centralized, accessible online platform.

How much funding has Absolute Background Search raised?

Absolute Background Search has raised a total of $46K across 1 funding round:

2021

Debt

$46K

Debt (2021): $46K with participation from PPP

PPP

Public-Private Partnership

With the recent infusion of capital, Absolute Background Search is poised to scale its technological footprint and deepen its market penetration. The strategic focus will likely center on enhancing the SMART Search platform to accommodate increasing demand for rapid, automated background verification in a post-pandemic labor market. As the company transitions through this significant growth phase, management is expected to prioritize the integration of advanced data analytics to further reduce turnaround times for clients. This expansion effort is critical for maintaining a competitive edge in the background check industry, where accuracy, speed, and compliance remain the primary drivers of client retention and long-term enterprise value.

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Frequently Asked Questions Regarding Absolute Background Search Financial Insights

What are the most recent funding rounds that Absolute Background Search has completed, and what were the funding rounds?
Absolute Background Search has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Absolute Background Search has raised to date?
Absolute Background Search has raised a total of $46K in funding to date.
How many funding rounds has Absolute Background Search completed?
Absolute Background Search has completed 1 funding rounds.
How much funding did Absolute Background Search raise in its most recent funding round?
Absolute Background Search raised $46K in its most recent funding round.
Who are the lead investors in Absolute Background Search's latest funding round?
The lead investor in Absolute Background Search's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Absolute Background Search's history?
The largest funding round in Absolute Background Search's history was $46K.
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