Yext Inc   (YEXT)
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Yext Inc

Business Description

Yext Inc. is a digital knowledge management platform that allows businesses to control the information that appears about them on various online platforms. It was founded in 2006 by Howard Lerman, Brent Metz, and Brian Distelburger in New York City.

The platform works by aggregating data about a business, such as their address, hours of operation, and phone number, and distributing it to various online directories, search engines, and social media platforms. This enables businesses to ensure that their information is accurate and up-to-date across the internet, which is becoming increasingly important as consumers increasingly turn to online sources to find local businesses.

Yext*s platform includes features such as a dashboard for managing business information across various platforms, integrations with popular search engines and social media platforms, and tools for tracking metrics such as search rankings and reviews. The company also offers professional services, such as consultation and training, to help businesses maximize their use of the platform.

Yext has been recognized as a leader in the digital knowledge management industry and has received numerous awards and accolades. Its clients include major brands such as McDonald*s, Hilton, and Wix.com, as well as small and medium-sized businesses across various industries.

In addition to its core platform, Yext has also developed various products and services to help businesses enhance their digital presence, such as a website builder and a review management tool. The company has taken a strategic approach to acquisitions, acquiring companies such as Uberall and Frederick to expand its capabilities and geographic reach.

Yext went public in April 2017 and is traded on the New York Stock Exchange under the ticker symbol "YEXT". As of 2021, the company has a market capitalization of over $3 billion and has offices in the United States, Europe, and Asia.

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