Critical Lack of Operating History (Startup Risk) (critical) Clear.Ai Systems Pty Ltd is an extremely new entity. Its Australian Business Number (ABN) was registered on May 26, 2025. As of today (October 21, 2025), the company has less than five months of formal operating history, indicating a high level of startup risk and no established financial track record.. Severe Reputational Contagion Risk from 'Clearview AI' (high) The company's name ('Clear.ai Systems Pty Ltd') is highly similar to the controversial US facial recognition company 'Clearview AI,' leading to severe reputational risk and search confusion. 'Clearview AI' has faced major recent legal and regulatory actions globally, including:
1. A fine of €30.5 million (roughly $34 million) by the Dutch Data regulator (Oct 23, 2024) for GDPR violations.
2. Multiple European regulators ruling that Clearview illegally harvested photos (Sep 3, 2024).
3. Final judicial approval for a settlement in the Illinois Biometric Information Privacy Act (BIPA) lawsuit (Mar 21, 2025), alleging scraping of billions of online photos.. Conflicting Corporate Identity and Leadership Confusion (high) Search results for 'Clear.ai Systems Pty Ltd' are heavily contaminated by information regarding at least two other unrelated companies named 'CLEAR' or 'Clear AI,' making accurate due diligence challenging and risking misattribution of financial or operational data.
1. Target Company: CEO Josh Phillips, Co-founder Jisoo Kim (Source: Leadership 6, 8).
2. Unrelated Entity 1 (NYSE: YOU): Executives Kenneth Cornick, Richard N. Patterson, Nicholas Peddy (Source: Leadership 1, 9).
3. Unrelated Entity 2: CEO Damian Symons (Source: Leadership 2).