Hearsay Systems

SoftwareSeries CSan Francisco, UShearsaysocial.com

Latest round

Series C

Last raised

Sep 2013

Total raised

$51M

Investors

4

About Hearsay Systems

Founded in 2009 by co-founders Clara Shih and Steve Garrity and based in California, US, Hearsay Systems, Inc. provides a cloud-based platform for social media management, texting, and local websites, enabling financial services professionals to engage with clients in a compliant and efficient manner., a portfolio company of Institutional Venture Partners, Insight Partners, Sutter Hill Ventures, SV Angel, Tuesday Capital, WGI Group, and Marker, agreed to acquire Hearsay Systems, Inc. from Felicis Ventures, Sequoia Capital Global Equities, SV Angel, New Enterprise Associates, newView Capital, Salesforce, and Savano Capital for USD 125 million. The company will receive an additional USD 95 million upon reaching certain milestones. Hearsay Systems offers a product suite to support client engagement in the financial services sector. Hearsay Social: This tool enables financial advisors and insurance agents to manage their social media presence across multiple platforms while compliant with regulatory requirements. The company provides pre-approved content, automation features, and analytics to help users optimise their social media engagement. Hearsay Relate, is a texting and voice communication tool that allows financial services professionals to communicate with clients through the preferred channels, including features such as automated reminders, compliance archiving, and call recording. Hearsay Sites: A solution for creating and managing local websites for financial advisors and agents. The features include lead capture forms, pre-approved content, and analytics. Hearsay Actions: This tool uses data analytics and artificial intelligence to guide financial advisors' client interactions. It identifies opportunities for engagement and provides recommendations for actions that improve client relationships and business growth.

Who invested in Hearsay Systems

4 investors across 3 rounds

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Funding rounds

  1. Series C

    Sep 5, 2013

    Amount

    $30M

    Investors

    Locked

  2. Series B

    Jul 26, 2011

    Amount

    $18M

    Investors

    Locked

  3. Series A

    Feb 24, 2010

    Amount

    $3M

    Investors

    Locked

Questions about Hearsay Systems

Who invested in Hearsay Systems?

Hearsay Systems has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Hearsay Systems raised?

Hearsay Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Hearsay Systems last raise money?

Hearsay Systems's most recent round on record is a Series C, in Sep 2013.

What does Hearsay Systems do?

Founded in 2009 by co-founders Clara Shih and Steve Garrity and based in California, US, Hearsay Systems, Inc.

Where is Hearsay Systems headquartered?

Hearsay Systems is headquartered in San Francisco, US.

Which VCs invest in companies like Hearsay Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Hearsay Systems's stage. Their profiles are linked below.

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