2 Background Check Software Success Stories [2024]
Background check software enables organizations to check and verify the information provided by potential employees or customers. The background software verifies various data sets, including the subject's education history, past employment, criminal records, and financial and other records.
Organizations would want to thoroughly scrutinize the persons they transact with and those they entrust with their daily operations. Therefore, the demand for background check software presents a potential business opportunity for programmers.
In this list, you'll find real-world background check software success stories and very profitable examples of starting a background check software that makes money.
1. Safe Hiring Solutions ($6M/year)
Mike McCarty, Founder & CEO of Safe Hiring Solutions, came up with the idea for his business after witnessing a news story about a school hiring sex offenders who had passed the state-required background checks. As a former violent crime detective, he understood the need for a background screening product that would flag offenders, leading him to launch Safe Hiring Solutions, which now has over 7,000 clients and is one of the fastest-growing background check software businesses.
How much money it makes: $6M/year
How many people on the team: 40
Safe Hiring Solutions, a security technology company that provides comprehensive background checks for schools, ministries, volunteer organizations, and corporations has more than 7,000 clients and has been included on the Inc 5000 list the past five years, with a number 16 ranking for the fastest-growing private company in the Indianapolis region by the Indianapolis Business Journal.
2. Legit Check By Ch ($240K/year)
The founders of Legit Check By CH stumbled into their business unintentionally. What started as a side project to help people authenticate luxury items quickly gained traction and turned into a full-fledged business. With almost 10 million users and 25,000+ paying customers, they now offer authentication services and have even helped customers get back as much as $5,000 from scams.
How much money it makes: $240K/year
How much did it cost to start: $50
How many people on the team: 8
Legit Check By Ch is an authentication company for luxury items that has almost 10 million users and generates $200,000+ per year with 95%+ profit margins, helping customers get their money back from scams and proving a model for building distribution before building the product.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.