Substrate
world

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.

FO
1 source·Jun 6, 2:30 PM·1m read
Clear CEO Caryn Seidman Becker Owns 14.5% Stake Worth $1.1 Billionforbes.com
Audio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.

Caryn 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.

Transparency

1 source · single source
CorroborationModerate · 1 source

Story details