Hearsay Systems Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 491

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $220M

Hearsay Systems General Information

Description

Developer of a client engagement platform designed to help financial advisors grow business relationships. The company's platform processes and prioritizes data from across digital channels and data systems, providing actionable suggestions for advisors on how they should engage with clients, thereby enabling advisors and agents to authentically and intelligently grow business relationships by proactively guiding and capturing the last mile of digital communications.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 2261 Market Street
  • Suite 5397
  • San Francisco, CA 94114
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Parent Company
Vertical(s)
SaaS, TMT
Corporate Office
  • 2261 Market Street
  • Suite 5397
  • San Francisco, CA 94114
  • United States
+1 (888)

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Hearsay Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 01-Aug-2024 $220M Completed Generating Revenue
6. Later Stage VC 29-Jul-2020 Completed Generating Revenue
5. Secondary Transaction - Private 03-Dec-2018 Completed Generating Revenue
4. Later Stage VC 01-Jan-2018 Completed Generating Revenue
3. Later Stage VC (Series C) 05-Sep-2013 Completed Startup
2. Early Stage VC (Series B) 01-Aug-2011 $18M $21M Completed Startup
1. Early Stage VC (Series A) 03-Feb-2011 $3M $3M Completed Startup
To view Hearsay Systems’s complete valuation and funding history, request access »

Hearsay Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series CRM
Series C
Series B 16,240,000 $0.000100 6% $1.12 $1.12 1x $1.12 11.46%
Series A 23,500,000 $0.000100 6% $0.13 $0.13 1x $0.13 16.59%
To view Hearsay Systems’s complete cap table history, request access »

Hearsay Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a client engagement platform designed to help financial advisors grow business relationships. The company's
Business/Productivity Software
San Francisco, CA
491 As of 2023

Fort Lauderdale, FL
 

Seattle, WA
 
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Hearsay Systems Competitors (52)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SproutLoud Private Equity-Backed Fort Lauderdale, FL
Highspot Venture Capital-Backed Seattle, WA
Hootsuite Venture Capital-Backed Vancouver, Canada
Contently Venture Capital-Backed New York, NY
Resultados Digitais Formerly VC-backed Florianopolis, Brazil
You’re viewing 5 of 52 competitors. Get the full list »

Hearsay Systems Patents

Hearsay Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20180054720-A1 Shared numbers in a multi-phone environment Inactive 18-Aug-2016
US-20180004723-A1 Dynamic web document creation Inactive 29-Jun-2016
US-9609123-B2 Incoming call notification management Active 24-Jun-2015
US-9609104-B2 Misclassified contact updating in multi-number phones Active 24-Jun-2015
US-20160381225-A1 Voicemail management with multi-number phones Active 24-Jun-2015 H04M3/42059
To view Hearsay Systems’s complete patent history, request access »

Hearsay Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Hearsay Systems Former Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Andrew Sechrist Angel (individual) Minority
Ascolta Ventures Venture Capital Minority
David Morin Angel (individual) Minority
Felicis Venture Capital Minority
Lucas Soares Angel (individual) Minority
You’re viewing 5 of 13 investors. Get the full list »

Hearsay Systems Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Mast Mobile 23-Oct-2017 Communication Software
To view Hearsay Systems’s complete acquisitions history, request access »

Hearsay Systems FAQs

  • When was Hearsay Systems founded?

    Hearsay Systems was founded in 2009.

  • Where is Hearsay Systems headquartered?

    Hearsay Systems is headquartered in San Francisco, CA.

  • What is the size of Hearsay Systems?

    Hearsay Systems has 491 total employees.

  • What industry is Hearsay Systems in?

    Hearsay Systems’s primary industry is Business/Productivity Software.

  • Is Hearsay Systems a private or public company?

    Hearsay Systems is a Private company.

  • What is the current valuation of Hearsay Systems?

    The current valuation of Hearsay Systems is .

  • What is Hearsay Systems’s current revenue?

    The current revenue for Hearsay Systems is .

  • How much funding has Hearsay Systems raised over time?

    Hearsay Systems has raised $61M.

  • Who are Hearsay Systems’s investors?

    Andrew Sechrist, Ascolta Ventures, David Morin, Felicis, and Lucas Soares are 5 of 13 investors who have invested in Hearsay Systems.

  • Who are Hearsay Systems’s competitors?

    SproutLoud, Highspot, Hootsuite, Contently, and Resultados Digitais are some of the 52 competitors of Hearsay Systems.

  • When was Hearsay Systems acquired?

    Hearsay Systems was acquired on 01-Aug-2024.

  • Who acquired Hearsay Systems?

    Hearsay Systems was acquired by Yext.

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