# Hearsay Systems

> Hearsay Systems builds subscription software that lets financial firms coordinate advisor social media, texting, voice and digital presence while supervising communications and preserving records. Founded by Clara Shih and Steve Garrity in San Francisco in 2009, it became part of Yext in August 2024.

- **Founded:** 2009
- **Headquarters:** San Francisco, United States
- **Founders:** Clara Shih (Co-founder and founding CEO), Steve Garrity (Co-founder and founding CTO)
- **Products:** Hearsay Social, Hearsay Relate, Hearsay Sites, Hearsay Compliance
- **Notable:** Founded in 2009 and expanded from social management into supervised websites, texting and voice., Reported approximately 260,000 advisor and agent users at the time of Yext’s 2024 acquisition announcement., Yext completed its acquisition on August 1, 2024.

## Products & services

- **Hearsay Social** — Managed social profiles, approved content, publishing, campaigns, analytics and compliance supervision for distributed advisors and agents.
- **Hearsay Relate** — Supervised client texting and voice with archiving, controls, workflows and CRM integration; now offered as Yext Relate.
- **Hearsay Sites** — Advisor website and web-presence tools connected to social content and visitor signals.
- **Hearsay Compliance** — Supervision workflows, risk alerts and audit records across supported communications channels.

## Achievements

- Founded in 2009 and expanded from social management into supervised websites, texting and voice.
- Reported approximately 260,000 advisor and agent users at the time of Yext’s 2024 acquisition announcement.
- Yext completed its acquisition on August 1, 2024.
- A 2024 Hearsay study examined more than 36 million activities and over 8 million items routed for compliance review.

## Latest updates

- **2026-02** — Yext release notes introduced a workflow for financial advisors to manage review responses through Hearsay Compliance.
- **2025-03** — Yext said customers were buying combinations of its digital presence products and Hearsay Social or Relate.
- **2024-08** — Yext completed its acquisition of Hearsay Systems on August 1.

## Links

- Website: https://www.yext.com/resources/hearsay
- LinkedIn: https://www.linkedin.com/company/hearsay-systems
- Twitter/X: https://x.com/hearsaysocial
- GitHub: https://github.com/hearsaycorp
- Facebook: https://www.facebook.com/hearsaysocial

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Profile page: https://yespress.io/hearsay
Published by YesPress — https://yespress.io
Last updated: 2026-09-30
