First Advantage Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

First Advantage Strengths, Domain Expertise, and Key Differentiators

First Advantage is a global leader in employment background screening and verification solutions, facilitating over 100 million screens for approximately 80,000 customers worldwide. With a comprehensive product suite encompassing criminal background checks, biometrics, education, work verifications, and more, the company focuses on serving diverse industries and fostering long-term relationships. First Advantage's technology, embedded in customers' core workflows, interfaces with numerous Human Capital Management platforms and leverages proprietary databases and a vast network of third-party data providers.

First Advantage Recent Developments

In March 2024, First Advantage introduced its next-generation RightID identity fraud solution for U.S. employers, expanding on the global success of its digital identity offerings in countries like the U.K., India, Australia, and Canada. RightID is engineered to detect inconsistencies in job applicants' identity data, using responsible generative AI and machine learning to identify potential errors or signs of fraudulent information in real time during the applicant intake process.

Fully integrated with First Advantage’s Profile Advantage platform, RightID employs layered, dynamic technologies to uncover discrepancies in applicant-provided data, reduce pre-hire risk, and deliver a secure, user-friendly solution to the growing challenge of identity fraud.

First Advantage Mergers and Acquisitions (M&A) Activities

In February 2024, First Advantage Corporation announced the acquisition of Sterling Check Corp., a biometric identity verification firm headquartered in Portland. The strategic move aims to integrate the complementary technologies of both companies, fostering accelerated innovation and providing customers in sectors such as healthcare, retail, e-commerce, transportation, manufacturing, and financial services.

In 2023, First Advantage acquired biometric ID verification provider Infinite ID. The acquisition is anticipated to enhance First Advantage's network and portfolio of U.S.-based ID verification providers, with Infinite ID expected to contribute an annual revenue exceeding $10 million.

First Advantage Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying First Advantage applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of First Advantage and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified First Advantage customers.

First Advantage Key Enterprise and Cloud Applications

First Advantage

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First Advantage Direct vs Indirect sales

First Advantage Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified First Advantage Customers

No. of First Advantage Customers: 80000

No. of First Advantage Enterprise Applications Customers: 80000

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No. of First Advantage Cloud Subscribers: x

With a presence in 29 offices worldwide and a team of 10,000 employees, First Advantage utilizes advanced technology and the industry’s most extensive global reach to conduct background checks across more than 200 countries and territories. Its diverse customer base includes organizations such as AmeriHealth Caritas, Apple, Citigroup, Compass Group, Deutsche Bank, Gilead Sciences, Kelly Services, Newcastle City Council, PSA Airlines, and Roscoe Property Management.

First Advantage Market Opportunities, M&A and Geo Expansions

The company outlines a comprehensive growth strategy, emphasizing customer acquisition in sectors with favorable long-term hiring prospects and high compliance standards. Additionally, the focus on expanding within the existing customer base through upselling and cross-selling, coupled with continuous innovation in product offerings, aims to drive sustained revenue growth. The international expansion initiative targets underpenetrated markets, leveraging the company's capabilities in global risk management and compliance. The strategy also includes a selective approach to complementary acquisitions and strategic partnerships, aiming to enhance product capabilities and geographic reach.

In May 2021, First Advantage, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its common stock.

In June 2019, First Advantage made a integration with Oracle Cloud, now available in the Oracle Cloud Marketplace. Offering added value to Oracle Recruiting Cloud customers, First Advantage enables them to configure the screening solution to their unique requirements, including custom consents, disclosures, electronic signatures and more.

In November 2018, First Advantage introduced BackgroundDirect, built specifically for small businesses, the online solution streamlines the background check process, providing employers with information to assist them with critical insights needed to support hiring decisions.

First Advantage Risks and Challenges

First Advantage may face potential liability from individuals, government agencies, or businesses for defamation, invasion of privacy, negligence, copyright, patent, or trademark infringement, and other claims based on the nature and content of the materials that appear or are used in First Advantage's products or services. Insurance may not be available to cover claims of these types or may not be adequate to cover them for all risks to which we are exposed. Any imposition of liability, particularly liability that is not covered by insurance or is more than its insurance coverage, could have a material adverse effect on its business, financial condition, or results of operations.

First Advantage Ecosystem, Partners, Resellers and SI

The acquisition and partnership strategy of the company are focused on providing enhanced value to customers through expanded product capabilities, industry expertise, and increased scale. Over the past two years, the company has completed four acquisitions, strategically bolstering its international presence and reinforcing specific industry offerings. The commitment to sustained organic growth involves a disciplined approach to identifying and evaluating potential strategic acquisitions, investments, and partnerships that fortify market positions, improve product offerings, enhance technology and data capabilities, and facilitate entry into new markets.

First Advantage partners with a wide range of leading platforms, including Workday, Bullhorn, iCIMS, Cornerstone OnDemand, Ultimate Software, Tracker, myStaffingPro, PageUp, PeopleFluent, SmartRecruiters, TempWorks, Abbott, and many others.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: