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Next stop IPO: Business location software provider Yext files for a $100 million IPO

March 13, 2017
YEXT

Yext, which provides a platform that allows businesses to sync local listings across the internet, filed on Monday with the SEC to raise up to $100 million in an initial public offering.

The New York, NY-based company was founded in 2006 and booked $114 million in sales for the 12 months ended October 31, 2016. It plans to list on the NYSE under the symbol YEXT. Yext filed confidentially on January 24, 2017. Morgan Stanley, J.P. Morgan and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.