The security technology producer is set to list shares on the New York Stock Exchange, presenting an opportunity for several corporate backers to exit.
Clear, a US-based identity verification technology developer backed by corporates Liberty Media, Union Square Hospitality Group, the National Football League (NFL) Delta Air Lines and United Airlines, has filed for a $100m initial public offering.
Founded in 2010, Clear has built an automated, biometric security system that allows airline passengers to be quickly screened through airport security. Its equipment is also used at music concerts and sporting events.
The company’s revenue increased by 20% to $231m in 2020, from…
