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CLEAR provides a subscription-based service that speeds up security checks at airports and venues by using biometric verification to enable touchless ID, reducing lines for frequent travelers and event-goers. Its product works through dedicated security lanes where members’ identities are verified via biometric data (such as fingerprints and iris scans) rather than traditional IDs, with an option to link airline status to further streamline entry. This approach differentiates the company through its heavy use of biometrics, emphasis on data security (including SAFETY Act Certification), and partnerships with major airlines and venues to offer faster, safer entry points. The company’s goal is to accelerate the security process while protecting personal information, delivering convenient, reliable access to travelers and event attendees.
Industries
Data & Analytics
Consumer Software
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2010
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Total Funding
$544.2M
Above
Industry Average
Funded Over
5 Rounds
Food and beverage
Unlimited PTO
Comprehensive benefits
Continued education
CLEAR membership
Diversity and Inclusion counsel
Sprint demos and hackathons
Innovation guild
On-site gym
CLEAR has launched Corporate Memberships, a new enterprise offering designed to streamline business travel from home to gate. The programme combines CLEAR+, CLEAR Concierge, TSA PreCheck enrollment, and the CLEAR mobile app into a single corporate package. The service includes biometric identity verification through airport eGates, real-time security wait times via the CLEAR app, dedicated ambassadors to escort travellers through security, and on-site TSA PreCheck enrollment. Employees can also use these benefits for personal travel. CLEAR cited industry research showing nearly nine in ten business travellers experienced disruptions in 2025, with US companies spending an estimated $17 billion annually managing delays and cancellations. The company, which has over 43 million members, formally launched the offering at the Global Business Travel Association Convention 2026 in Chicago.
Clear Secure reported strong Q2 2026 results, driven by a 33% increase in bookings and record free cash flow. The company achieved a 36.4% adjusted EBITDA margin, surpassing its 35% IPO target. The company raised full-year 2026 free cash flow guidance to at least $480 million, representing a projected year-over-year increase of at least 40%. A $10 price increase took effect on 1 July, with early retention rates remaining healthy. Clear's automated eGate technology now covers more than 70% of its network, improving labour costs as a percentage of revenue by 450 basis points year-over-year. The company's mobile app has reached 1 million monthly users. Clear plans to settle a $315 million accrued partnership liability in Q3, which will result in negative free cash flow for that quarter. The company holds $959 million in liquidity.
Clear Secure reported second quarter 2026 revenue of $277.8 million, up 26.6% year-over-year. Total bookings increased 32.8% to $295.9 million. Operating income reached $83.0 million, representing a 29.9% margin. Net income was $72.3 million with a 26.0% margin. Adjusted EBITDA of $101.1 million represented a 36.4% margin, exceeding the company's long-term target of 35%. Total CLEAR members grew to 43.5 million, up 30.0% year-over-year, whilst active CLEAR+ members increased 15.2% to 8.3 million as of 30 June 2026. The company returned approximately $22.2 million to shareholders through dividends and distributions during the quarter. The board declared a quarterly dividend of $0.15 per share. Clear raised its full-year 2026 free cash flow guidance from at least $465 million to at least $480 million, representing minimum 39.9% year-over-year growth.
Caryn Seidman Becker, CEO of Clear Secure, sold approximately 121,000 shares of Class A Common Stock worth $6.4 million on 14 and 16 July 2026, according to an SEC Form 4 filing. The transaction was executed through Alclear Investments, an entity controlled by Seidman Becker, involving the exercise of 120,640 options immediately sold under a Rule 10b5-1 trading plan adopted in March 2026. The shares were sold at $53.40, whilst Clear Secure has delivered an 84% return over the 12 months ending 16 July 2026. Following the transaction, Seidman Becker retains 782,677 shares across direct and indirect holdings, plus substantial equity exposure through approximately 18.2 million indirect derivative securities. Clear Secure maintains a market capitalisation of $5.5 billion and reported trailing twelve-month revenue of $942.4 million.
InVue and CLEAR bring trusted identity to Customer Self-Access. Date: Jul 28 2026 Read Time: 4 minutes A new partnership helps retailers protect merchandise, eliminate wait times, and deliver a better shopping experience. Retail has reached a turning point. As organized retail crime and everyday theft continue to increase, retailers are securing more merchandise than ever before. Categories like health and beauty, consumer electronics, batteries, baby formula, over-the-counter medications, and household essentials are increasingly moving behind locked doors. While locked displays help reduce shrink, they often create a new problem: friction. Customers wait. Associates search for keys. High purchase intent turns into abandoned baskets. Store teams spend valuable time unlocking cabinets instead of helping shoppers. At InVue, InVue Security Products Inc. believe retailers shouldn't have to choose between protecting merchandise and delivering a great customer experience. That's why InVue Security Products Inc. is excited to announce its partnership with CLEAR. Together, InVue's Customer Self-Access solution and CLEAR's trusted identity platform create a secure, self-service experience that gives verified shoppers immediate access to locked merchandise - without waiting for an associate. The next evolution of Customer Self-Access. Customer Self-Access was built around a simple idea: Give shoppers the convenience they expect while maintaining the security retailers require. By adding CLEAR's identity verification capabilities, retailers can now confidently enable self-service access based on trusted identity - not physical keys. The experience is simple: * A shopper scans the QR code on a locked display. * CLEAR securely verifies the shopper's identity. * Once approved under the retailer's access policies, InVue's Customer Self-Access technology instantly unlocks the fixture. * The shopper retrieves the item and continues shopping. For existing CLEAR users, verification takes only seconds using a selfie. New users complete a quick one-time identity verification that can be reused for future shopping experiences. The result is a seamless experience that protects merchandise while keeping customers moving. More than unlocking cabinets. This partnership represents more than a faster way to access locked merchandise. It introduces a new operating model for retailers - one where identity becomes the credential for secure access. Instead of relying on physical keys and associate availability, retailers can automate access policies while maintaining complete control over who can unlock secured merchandise. Combined with the OneKEY Ecosystem, retailers gain visibility into every unlock event, device health, user permissions, and access activity across their stores. Together, identity and connected access create a smarter, more scalable approach to protecting merchandise. Benefits for retailers. Protect more products with less friction. Retailers can confidently secure more merchandise while providing verified shoppers with immediate access. Security no longer has to come at the expense of convenience. Improve the shopping experience. Long waits are one of the biggest sources of frustration around locked merchandise. Customer Self-Access reduces dependency on associates, helping shoppers quickly access the products they want and continue their shopping journey. Free associates for higher-value work. Instead of spending time responding to routine unlock requests, associates can focus on customer service, merchandising, and sales. Build trust through verified identity. CLEAR's identity platform gives retailers confidence that access decisions are based on trusted identity verification while providing shoppers with a fast, familiar, mobile-first experience. The future of retail is smarter access. At InVue, InVue Security Products Inc. believe the future of retail isn't about adding more locks. It's about creating smarter ways to grant access. As retailers continue balancing loss prevention with customer experience, connected technologies and trusted identity will play an increasingly important role in enabling secure self-service throughout the store. Its partnership with CLEAR is another step toward that future. Together, InVue Security Products Inc. is helping retailers replace keys with trusted identity, reduce friction across the store, and deliver a shopping experience that's both secure and seamless. Ready to explore smarter access? Retailers everywhere are rethinking how they protect merchandise without compromising the customer experience. Customer Self-Access represents a new approach - one that combines connected technology, trusted identity, and intelligent access policies to eliminate friction while maintaining security. Discover how retailers are reducing wait times, improving labor efficiency, and creating a better shopping experience while protecting high-value merchandise. Download The Retailer's Guide to Smart Access.
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Industries
Data & Analytics
Consumer Software
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2010
Find jobs on Simplify and start your career today