Yelp Acquires AI Lead Management Platform Hatch for $270 Million

Reuters01-22 05:06

Yelp Acquires AI Lead Management Platform Hatch for $270 Million

Yelp is acquiring Hatch, an AI-powered lead management and customer communication platform, in a deal valued at approximately $270 million in cash, with an additional $30 million allocated for employee retention over the next two to three years. Hatch's technology is designed to help businesses increase conversion and retention while reducing overhead costs. As of November 2025, Hatch reported about $25 million in annual recurring revenue, with a 70% year-over-year growth rate. Following the completion of the transaction, expected in early February, Hatch will become a wholly owned subsidiary of Yelp. The move is intended to accelerate Yelp's AI transformation and expand its SaaS offerings for services businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yelp! Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260121295483) on January 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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