Yext
Financials
Estimates*
USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 355m | 391m | 401m | 404m | 396m | 416m | 436m |
% growth | 19 % | 10 % | 3 % | 1 % | (2 %) | 5 % | 5 % |
EBITDA | (71.2m) | (65.4m) | (36.9m) | 24.7m | 65.7m | 98.9m | 104m |
% EBITDA margin | (20 %) | (17 %) | (9 %) | 6 % | 17 % | 24 % | 24 % |
Profit | (94.7m) | (93.3m) | (65.9m) | (2.6m) | 5.7m | 30.5m | 42.3m |
% profit margin | (27 %) | (24 %) | (16 %) | (1 %) | 1 % | 7 % | 10 % |
EV / revenue | 5.2x | 2.0x | 2.1x | 1.8x | 1.6x | 1.5x | 1.5x |
EV / EBITDA | -25.7x | -12.1x | -23.0x | 29.7x | 9.8x | 6.5x | 6.2x |
R&D budget | 58.1m | 68.4m | 70.9m | 72.0m | - | - | - |
R&D % of revenue | 16 % | 17 % | 18 % | 18 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$250k | Seed | ||
N/A | $1.8m | Series A | |
$3.5m | Series B | ||
$25.0m | Series C | ||
$10.0m | Series D | ||
$27.0m | Series E | ||
$50.3m | Series F | ||
N/A | Secondary | ||
$420k | Late VC | ||
N/A | $116m Valuation: $940m | IPO | |
Total Funding | $118m |
Related Content
Recent News about Yext
EditYext, Inc. (yext.com) is a technology company that specializes in AI-powered search solutions. The company provides a platform called the Yext Answers Platform, which helps businesses deliver direct answers to user queries rather than just links. This platform leverages advanced technologies like natural language processing (NLP) to understand the context and meaning behind search queries, ensuring users receive accurate and relevant information.
Yext serves a diverse range of clients, including large enterprises, small businesses, and e-commerce platforms. The company operates in the digital information management market, focusing on enhancing search experiences across various sectors such as marketing, customer support, e-commerce, and workplace productivity.
The Yext business model is primarily subscription-based. Clients pay for access to the Yext Answers Platform, which includes various features and tools tailored to their specific needs. The platform is built on a Knowledge Graph, a centralized database that syncs important information, allowing businesses to provide consistent and accurate answers across all their digital touchpoints.
Yext generates revenue through these subscription fees, which can vary based on the scale and complexity of the solutions provided. Additionally, the company offers training and community engagement through its Hitchhikers platform, where users can test their knowledge, earn badges, and interact with other users.
In summary, Yext is a leader in AI search technology, helping businesses improve their search capabilities and deliver better user experiences. The company’s innovative approach and strong customer support have earned it high ratings and a reputation as a top workplace.
Keywords: AI Search, Natural Language Processing, Knowledge Graph, Digital Information Management, Subscription Model, Customer Support, E-commerce, Workplace Productivity, Training Platform, Community Engagement.