Bellevue-based Intelius, an online identity company that specializes in background checks of individuals, may consider going public next year if there’s an appetite among investors.
“We will consider an IPO if the markets are open,” Jain told GeekWire today. “We feel good about where we are, and feel confident about our future.” The company — which reported net income of $12.1 million on revenues of $122 million in 2008 — canceled plans for an IPO last October after filing to raise as much as $143 million.
Bloomberg News reported today that Intelius would use proceeds from an IPO for acquisitions. Revenue last year was $150 million, including proceeds from the company’s Talentwise business.
Intelius was founded in 2003 by Jain and other former executives of Bellevue Internet search company InfoSpace. Last year, the company settled a dispute with Washington Attorney General Rob McKenna involving allegations of deceptive marketing tactics. As part of the agreement, Intelius agreed to pay $1.3 million.