About Yelp
Yelp is a company based in San Francisco (United States) founded in 2004.. Yelp has raised $56 million across 6 funding rounds from investors including Bessemer Venture Partners, Firsthand Technology Value Fund and Elevation Partners. The company has 5,120 employees as of December 31, 2024. Yelp has completed 8 acquisitions, including Cityvox, Nowait and Qype. Yelp offers products and services including Yelp Platform and Yelp for Business. Yelp operates in a competitive market with competitors including Thumbtack, Daojia Group, PagesJaunes, Spruce and Amenify, among others.
- Headquarter San Francisco, United States
- Employees 5120 as on 31 Dec, 2024
- Stage Public
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Sectors
ConsumerMedia & Entertainment Business Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Yelp Inc.
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Annual Revenue
$1.41 B5.61as on Dec 31, 2024
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Net Profit
$132.85 M33.96as on Dec 31, 2024
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EBITDA
$213.73 M15.45as on Dec 31, 2024
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Total Equity Funding
$56 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Bessemer Venture Partners
& 5 more
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Employee Count
5120
as on Dec 31, 2024
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Investments & Acquisitions
Cityvox
& 7 more
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IPO & Listings of Yelp
Yelp is a publicly listed company on the NYSE with ticker symbol YELP in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Yelp
Yelp offers a comprehensive portfolio of products and services, including Yelp Platform and Yelp for Business. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for user-generated reviews and business searches
Tools for businesses to manage online presence and ads
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Software Development Team
193 people
Product Management Team
72 people
Leadership Team
26 people
Operations Team
24 people
Senior Team
17 people
Human Resources and Administration
10 people
Sales and Marketing
10 people
Finance and Accounting
9 people
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Funding Insights of Yelp
Yelp has successfully raised a total of $56M across 6 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 Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(01 Jun 2004)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Series C - Yelp | Valuation | Firsthand Technology Value Fund |
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| Jan, 2010 | Amount | Series C - Yelp | Valuation | Elevation Partners |
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| Feb, 2008 | Amount | Series B - Yelp | Valuation | DAG Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Yelp
Yelp has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Firsthand Technology Value Fund and Elevation Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector-agnostic venture capital investments are made in technology companies.
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Founded Year | Domain | Location | |
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Technology-focused private equity investments are conducted in the US.
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Founded Year | Domain | Location | |
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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Yelp
Yelp has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Cityvox, Nowait and Qype. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Customer analytics and location-based marketing are delivered via WiFi connections.
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2012 | ||||
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Restaurant reservations and guest management system is provided.
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2011 | ||||
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Virtual waitlists are provided for restaurants through cloud-based software.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Yelp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yelp Comparisons
Competitors of Yelp
Yelp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thumbtack, Daojia Group, PagesJaunes, Spruce and Amenify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
App based platform to connect users with local service professionals
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| domain | founded_year | HQ Location |
Online platform that provides multiple local services
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| domain | founded_year | HQ Location |
Online directory of local businesses
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| domain | founded_year | HQ Location |
On-demand local services are booked via an online marketplace.
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| domain | founded_year | HQ Location |
Provider of housekeeping services for multi-family apartments
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Yelp
Frequently Asked Questions about Yelp
When was Yelp founded?
Yelp was founded in 2004.
Where is Yelp located?
Yelp is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Yelp a funded company?
Yelp is a funded company, having raised a total of $56M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 01, 2004.
How many employees does Yelp have?
As of Dec 31, 2024, the latest employee count at Yelp is 5,120.
What is the annual revenue of Yelp?
Annual revenue of Yelp is $1.41B as on Dec 31, 2024.
What does Yelp do?
Founded in 2004 in San Francisco, United States, the platform operates in the technology sector, focusing on local business discovery. Categories such as restaurants, retail, nightlife, beauty, spas, automobiles, and home services are covered. Reviews are provided by users, images are uploaded, and connections with members are facilitated. Operations extend across the United States, supporting user-generated content for business evaluation.
Who are the top competitors of Yelp?
Yelp's top competitors include Thumbtack, 11880.com and Daojia Group.
What products or services does Yelp offer?
Yelp offers Yelp Platform and Yelp for Business.
Is Yelp publicly traded?
Yes, Yelp is publicly traded on NYSE under the ticker symbol YELP.
How many acquisitions has Yelp made?
Who are Yelp's investors?
Yelp has 6 investors. Key investors include Bessemer Venture Partners, Firsthand Technology Value Fund, Elevation Partners, DAG Ventures, and Benchmark.
What is Yelp's ticker symbol?
The ticker symbol of Yelp is YELP on NYSE.
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