About Hearsay Systems
Hearsay Systems is a Financial Services company based in San Francisco (United States) founded in 2009, and was acquired by Yext in June 2024. Marketing analytics platform is utilized for financial services customer engagement. It operates in the Financial Services and Technology sectors. Hearsay Systems has raised $81 million across 5 funding rounds from investors including Salesforce, Yext and Sequoia Capital. The company has 168 employees. Its focus areas include FinTech, Banking Tech, Marketing Solutions and Marketing Analytics. Its competitors include Total Expert, Hi Marley and Carpe Data; 3 of its 3 listed competitors have raised funding.
Company details
Hearsay Systems was founded in 2009 in San Francisco, United States. A marketing analytics platform is operated within the financial services sector to support distributed teams in customer interactions. Compliant channels including social media, texting, and local websites are enabled for managing multiple accounts, scheduling content, and engaging clients on platforms such as LinkedIn, Facebook, Instagram, and Twitter. Operations focus on regulatory adherence across these digital avenues.
- Headquarters San Francisco, United States
- Employees 168
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website hearsaysystems.com
- Social LinkedIn X Facebook
- Acquired by Yext (Jun 2024)
- Total Equity Funding$81M (USD)
in 5 rounds
- InvestorsSalesforce
& 3 more
- Employee Count168
- Acquired byYext
(Jun 2024)
Funding Insights of Hearsay Systems
Hearsay Systems has successfully raised a total of $81M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $81M
- Total Rounds 5
- First Round $3M
(Feb 2011)
- Investors Count 3
All 5 funding rounds of Hearsay Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | Series C | – | Salesforce | – | |
| Sep 2013 | $30M | Series C | – | Sequoia Capital, New Enterprise Associates | – |
| Sep 2013 | $30M | Series C | – | – | |
| Jul 2011 | $18M | Series B | – | New Enterprise Associates | |
| Feb 2011 | $3M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Hearsay Systems
Hearsay Systems has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Salesforce, Yext and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Cloud-based CRM and collaboration solutions are provided for enterprises. | 1999 | salesforce.com | San Francisco, United States | |
Cloud-based brand management solutions provider | 2006 | yext.com | New York, United States |
Investor details for Hearsay Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Hearsay Systems
308 people are tracked at Hearsay Systems (119 in leadership, 7 in board & advisors, 182 in team); the tracked headcount is 168.
| Name | Role | Group |
|---|---|---|
Courtney Oliver | Senior Director, Marketing Operations | Leadership |
Katie Meyers | Senior Services Operations Director | Leadership |
Adam Dyer | VP Of Software Engineering | Leadership |
Lindsay Wakefield | Account Director | Leadership |
John Vatalaro | Vp, Services | Leadership |
Emer Kelleher | Senior HR Business Partner, EMEA | Leadership |
Darrow Wehara | Director, Enterprise Sales | Leadership |
Mike Piersa | Director, Enterprise Sales | Leadership |
Christina Day | Director, Public Sector Sales | Leadership |
Vivien Wang | Senior Director Of Corporate Marketing | Leadership |
Steve Rowe | Vice President, Enterprise Sales | Leadership |
Michael Walrath | CEO & Chairman | Leadership |
Darryl Bond | CFO | Leadership |
Michael Belvedere | Director, Enterprise Sales | Leadership |
Ryan Burkis | Senior Director, Strategic Partnerships | Leadership |
Jerome Kucera | Director Strategic Accounts | Leadership |
Brooke Henderson | Vp, US Strategic Partnerships | Leadership |
Brian 'Skip' Schipper | EVP & Chief People Officer | Leadership |
Maritza Castro-Rendón | Director, Real Estate & Workplace | Leadership |
Ravi Patel | Director, Enterprise (northern Europe, Middle East & Australia) | [ai Search] | [nyse: Yext] | Leadership |
288 more people are available in the full profile.
Complete people profiles for Hearsay Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Hearsay Systems
4 dated milestones of Hearsay Systems across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Hearsay Systems is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series C,.
- Exit Acquired by Yext.
Competitors of Hearsay Systems
Hearsay Systems has 3 listed competitors in our database, 3 of them funded. They include Total Expert, Hi Marley and Carpe Data.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| totalexpert.com | 2012 | Eden Prairie, United States | $79.4M | 266 | Customer engagement platforms for financial institutions are provided. | |
| himarley.com | 2015 | Boston, United States | $41.75M | 88 | AI and cloud-based platform for insurance conversations is provided. | |
| carpe.io | 2016 | Santa Barbara, United States | $9.38M | 107 | Predictive scoring and data monitoring solutions for insurance are provided. |
Detailed competitors of Hearsay Systems
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- Full competitor set
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Hearsay Systems (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Hearsay Systems
Complete news archive for Hearsay Systems
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Frequently Asked Questions about Hearsay Systems
Hearsay Systems was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Hearsay Systems is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Hearsay Systems is a funded company, having raised a total of $81M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Feb 2011.
Hearsay Systems has 168 employees.
Hearsay Systems was founded in 2009 in San Francisco, United States. A marketing analytics platform is operated within the financial services sector to support distributed teams in customer interactions. Compliant channels including social media, texting, and local websites are enabled for managing multiple accounts, scheduling content, and engaging clients on platforms such as LinkedIn, Facebook, Instagram, and Twitter. Operations focus on regulatory adherence across these digital avenues.
Hearsay Systems's top competitors include Total Expert, Carpe Data and Hi Marley.
Hearsay Systems has 4 investors. Key investors include Salesforce, Yext, Sequoia Capital, and NEA.
Yes. Hearsay Systems was acquired by Yext in June 2024.