Yext

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Yext

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Description

Yext is a New York City technology company operating in the area of online brand management. It offers brand updates using its cloud-based network of apps, search engines and other facilities. The company was founded in 2006 by Howard Lerman, Brian Distelburger, and Brent Metz. Recent figures showed a market capitalization in 2019 of more than $2.0 billion and a revenue of $354.7 million for the 2021 fiscal year.

History

Yext was founded in 2006 as a local advertising business. By 2009, it was generating $20 million in revenue after switching its business model to generate leads for its customers through a pay-per-call model.

In August 2012, the company sold its pay-per-call business to IAC's CityGrid Media in order to focus on listings.[5][6] By that time, Yext had raised $65.8 million in funding and handled 950,000 updates for 50,000 businesses.

Investors included Sutter Hill Ventures, Institutional Venture Partners, and WGI investments. By 2016, the company had $89 million in revenue and had expanded its offices at One Madison Avenue to 95,000 square feet.

In 2016, the company was ranked #60 on the Deloitte Fast 500 North America list.

In 2017, Yext debuted on the New York Stock Exchange. According to Forbes, the company's market capitalization is $2 billion.

For the fiscal year 2021, Yext reported a revenue of $354.7 million. Users of Yext's search tool include the U.S. State Department and the World Health Organization. In 2021, Yext had agreements with companies such as Verizon, Marriott, and Samsung. In September 2021, the company launched an artificial intelligence tool for health care organizations. "Find-a-Doc" helps patients identify healthcare professionals by using natural language processing (NLP).

Website

http://yext.com

Rating GlobalNY.biz

Take place №2056 In rating New York Organizations general
Take place №15 In rating IT area

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9 March 2022

Business

Yext's fourth-quarter revenues increase by 9%

Company stock and report New York-based technology company, Yext, Inc. (NYSE: YEXT) released its Q4...

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LERMAN Howard

Founder and CEO of the Yext
#5309
DISTELBURGER Brian

Co-Founder, President & Chief Operating Officer at the Yext
#5327
RUDNITSKY David

President & Chief Revenue Officer at the Yext
#5343
CAKEBREAD Steve

Chief Financial Officer of the Yext
#5360

Yext

Description

History

Website

Rating GlobalNY.biz

Mentions in the news View all

Yext's fourth-quarter revenues increase by 9%

Company Persons View all

LERMAN Howard

DISTELBURGER Brian

RUDNITSKY David

CAKEBREAD Steve

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Press Releases

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News

Matthew Lillard Says Cult Fame Still Has Not Won Hollywood’s Trust

Sebastian Stan Finds a Different Meaning in Fjord After Becoming a Father

Birthdays

COWELL Simon

BEHAR Josephine

KODJOE PARKER Nicole

MCCORMICK Richard

WEBB James

Resume

BURTON Julian Jay Burton None

FESTA Matthew n/a

NGUYEN Jaron N/A

Yext

Description

History

Website

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NEW YORK COMPANIES