Clear CEO Caryn Seidman Becker Owns 14.5% Stake Worth $1.1 Billion
Caryn Seidman Becker purchased Clear’s assets for $6 million during its 2009 bankruptcy. The company reported $900 million in 2025 revenue and a $7.6 billion market capitalization.
forbes.comCaryn Seidman Becker acquired Clear’s assets and 190,000 customer fingerprints for $6 million after the company filed for bankruptcy during the 2008 financial crisis. The New York-based firm now operates identity-verification services at 60 U.S. airports and multiple non-travel venues.
Clear recorded $900 million in revenue and $168 million in net income for 2025. Its market capitalization reached $7.6 billion, giving Seidman Becker’s 14.5% stake a value of $1.1 billion.
Airport, members use facial biometrics to bypass standard TSA document checks. The company collected $128 million from partner airports in 2025, which the airports recorded as 100% profit. Active airport memberships grew 6% last year.
Clear has signed contracts with hospital systems in Georgia, New York, New Jersey, and Louisiana. In December, Clear received a $6 million Medicare contract allowing new enrollees to sign in with a selfie. T-Mobile uses the service to verify identities of its 75,000 employees.
Total enrollments across airports and enterprises reached 41 million in 2025, a 31% increase from the prior year. Enterprise bookings rose fivefold during the same period.


