Hearsay Systems Overview
- Year Founded
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2009
- Status
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Acquired/Merged
- Employees
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491
- Latest Deal Type
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M&A
- Latest Deal Amount
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$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
Website
www.hearsaysystems.com(Operating Subsidiary)
Corporate Office
- 2261 Market Street
- Suite 5397
- San Francisco, CA 94114
- United States
Corporate Office
- 2261 Market Street
- Suite 5397
- San Francisco, CA 94114
- United States
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 |
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% |
Hearsay Systems Comparisons
Industry
Financing
Details
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 |
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 |
Hearsay Systems Signals
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 |
Hearsay Systems Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Mast Mobile | 23-Oct-2017 | Communication Software |
Hearsay Systems FAQs
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When was Hearsay Systems founded?
Hearsay Systems was founded in 2009.
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Where is Hearsay Systems headquartered?
Hearsay Systems is headquartered in San Francisco, CA.
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What is the size of Hearsay Systems?
Hearsay Systems has 491 total employees.
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What industry is Hearsay Systems in?
Hearsay Systems’s primary industry is Business/Productivity Software.
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Is Hearsay Systems a private or public company?
Hearsay Systems is a Private company.
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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.
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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.
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Who are Hearsay Systems’s competitors?
SproutLoud, Highspot, Hootsuite, Contently, and Resultados Digitais are some of the 52 competitors of Hearsay Systems.
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When was Hearsay Systems acquired?
Hearsay Systems was acquired on 01-Aug-2024.
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Who acquired Hearsay Systems?
Hearsay Systems was acquired by Yext.
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