# Yext

Yext is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** yext.com
- **LinkedIn:** https://www.linkedin.com/company/yext

## Regulatory record

- **Reports private funds:** No

## About

Yext is an Enterprise Agentic Marketing Platform that gives enterprise brands access to verified data, visibility insights, and direct distribution. Yext, Inc. (NYSE: YEXT) is known as the Answers Company. The platform helps brands manage verified data via a Knowledge Graph, create and distribute content, and gain visibility insights across AI and traditional search.

## Sectors

- Enterprise Software
- AI/ML

## People

- Howard Lerman — Co-Founder & former CEO
- Michael Walrath — CEO & Chair of the Board

## Questions

### How does Yext make money?

Yext generates revenue through annual SaaS subscriptions where enterprise clients pay to manage their digital knowledge across the Yext platform. The company does not deploy invested capital into portfolio companies, funds, or co-investments — it is an operating software business, not an asset manager. As of its fiscal 2024 filings, the firm reported over $400M in annual recurring revenue.

### Who runs investment decisions at Yext?

As an operating company, Yext does not have an investment committee or CIO allocating capital. Strategic investment decisions — including the 2024 acquisition of Hearsay Systems — are made by CEO Michael Walrath and the board. The firm does not run a corporate venture arm or deploy third-party capital.

### Does Yext participate in fund commitments or direct deals?

No. Yext is a publicly listed SaaS company with no known allocation to venture funds, private equity, hedge funds, or direct co-investments. Its capital deployment is limited to business operations, share buybacks authorized by its board, and corporate M&A transactions such as the Hearsay Systems acquisition.

### What sectors does Yext's technology serve?

Yext's platform serves clients across financial services, healthcare, retail, hospitality, and telecom, with sector-specific knowledge graph schemas for regulated industries. The 2024 Hearsay acquisition deepened its focus on financial services compliance. Publicly disclosed customers include Verizon, Marriott International, and T-Mobile.

## Related profiles

- [ClearCompany](https://altss.com/profile/clearcompany)
- [IT Solutions Consulting](https://altss.com/profile/it-solutions-consulting)

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Last updated: 2026-08-11T15:08:42.881Z

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