About Yext
Yext is a company based in New York (United States) founded in 2006.. Yext has raised $116.17 million across 6 funding rounds from investors including Insight Partners, IVP and Sutter Hill Ventures. The company has 1,150 employees as of January 31, 2024. Yext has completed 4 acquisitions, including Citrrus, Hearsay Systems and InnerBalloons. Yext operates in a competitive market with competitors including Medallia, Adobe, Webflow, Amplitude and Heap, among others.
- Headquarter New York, United States
- Employees 1150 as on 31 Jan, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yext, Inc.
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Annual Revenue
$420.96 M4.11as on Jan 31, 2024
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Net Profit
$-27.95 M-962.66as on Jan 31, 2024
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EBITDA
$23.99 M30.31as on Jan 31, 2024
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Total Equity Funding
$116.17 M (USD)
in 6 rounds
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Latest Funding Round
$422.96 K (USD), Series F
Feb 26, 2016
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Investors
Insight Partners
& 7 more
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Employee Count
1150
as on Jan 31, 2024
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Investments & Acquisitions
Citrrus
& 3 more
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IPO & Listings of Yext
Yext is a publicly listed company on the NYSE with ticker symbol YEXT 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.
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Software Development Team
65 people
Leadership Team
52 people
Sales and Marketing
51 people
Senior Team
22 people
Finance and Accounting
19 people
Product Management Team
16 people
Operations Team
14 people
Human Resources and Administration
11 people
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Funding Insights of Yext
Yext has successfully raised a total of $116.17M across 6 strategic funding rounds. The most recent funding activity was a Series F round of $422.96 thousand completed in February 2016. 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 Series F — $422,960
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First Round
First Round
(01 Jun 2008)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series F - Yext | Valuation |
investors |
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| Aug, 2014 | Amount | Series F - Yext | Valuation | Insight Partners , Deven Parekh | |
| Jun, 2012 | Amount | Series E - Yext | Valuation | Marker |
| 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 Yext
Yext has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Insight Partners, IVP and Sutter Hill Ventures. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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VC firm investing in the US
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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 Yext
Yext has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Citrrus, Hearsay Systems and InnerBalloons. 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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SEO services are provided to optimize online visibility for businesses.
|
2011 | ||||
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Software development services are provided by Citrrus to various clients.
|
2009 | ||||
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Marketing analytics platform is utilized for financial services customer engagement.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - Yext
| 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 |
Yext Comparisons
Competitors of Yext
Yext 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 Medallia, Adobe, Webflow, Amplitude and Heap, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medallia is focused on customer and employee experience management.
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| domain | founded_year | HQ Location |
AI-powered platform manages marketing creatives and customer journeys.
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| domain | founded_year | HQ Location |
Cloud based website development platform
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| domain | founded_year | HQ Location |
Amplitude is recognized as a leading digital analytics platform.
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| domain | founded_year | HQ Location |
Cloud based product analytics software
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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 Yext
Frequently Asked Questions about Yext
When was Yext founded?
Yext was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Yext located?
Yext is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Yext a funded company?
Yext is a funded company, having raised a total of $116.17M across 6 funding rounds to date. The company's 1st funding round was a Series E of $27M, raised on Jun 01, 2008.
How many employees does Yext have?
As of Jan 31, 2024, the latest employee count at Yext is 1,150.
What is the annual revenue of Yext?
Annual revenue of Yext is $420.96M as on Jan 31, 2024.
What does Yext do?
Yext was founded in 2006 in New York, United States, and operates in the cloud-based brand management sector. A platform is offered that allows location-related information to be updated across multiple websites from a single dashboard. Geodata and promotional content are managed for business locations on maps, apps, and search engines. Features such as review monitoring, duplicate suppression, and visitor reporting for listings are included.
Is Yext publicly traded?
Yes, Yext is publicly traded on NYSE under the ticker symbol YEXT.
How many acquisitions has Yext made?
Yext has made 4 acquisitions, including Citrrus, Hearsay Systems, and InnerBalloons.
Who are Yext's investors?
Yext has 8 investors. Key investors include Insight Partners, IVP, Sutter Hill Ventures, Marker LLC, and Deven Parekh.
What is Yext's ticker symbol?
The ticker symbol of Yext is YEXT on NYSE.
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