Yelp announced an agreement to acquire Hatch for about $270M in cash plus $30M in employee retention; Hatch said it would continue operating independently after closing.
SourcePublic company, workplace, funding, and market signals
Updated Jul 29, 2026
Hatch is an AI CSR platform for service businesses that automates customer conversations across voice, SMS, and email. After Yelp’s January 2026 acquisition announcement, Hatch said it would continue operating independently with the same team and roadmap.
Primary product
AI customer communication platform for voice, SMS, and email
Founded
2018
Headquarters
New York, NY, United States
Team size
100-150
Work style
Flexible
Industry
Software Development
Sub-industry
AI customer communication platform
Offices
6 jobs at Hatch
Business model
Leadership
Co-Founder & CEO
Co-Founder & President
CTO
Chief Revenue Officer
Head of Marketing
Head of Solutions Engineering
Investors
Culture is described around velocity, ownership, AI-native work, partnership, and impact.
Work style
Flexible
Compensation
Hatch says compensation is market-competitive and tied to experience and impact, with equity included; benefits also include 401(k) matching and an employee stock purchase plan.
Benefits
Pricing
Platform fee plus usage; annual contracts billed monthly per location.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$20M-$30M ARR
Yelp announced an agreement to acquire Hatch for about $270M in cash plus $30M in employee retention; Hatch said it would continue operating independently after closing.
SourceHatch blog · Mar 2026
Hatch described its brand and site relaunch, reiterated the AI CSR platform positioning, and said its product spans voice, SMS, and email across the customer journey.
Hatch blog · Mar 2026
Hatch introduced outbound voice AI, extending its voice capabilities into proactive outbound calling within the same platform that powers SMS and email workflows.
Hatch blog · Jan 2026
Hatch said it was joining Yelp, would continue operating independently, and would use Yelp’s resources to accelerate product development.
Yelp IR · Jan 2026
Yelp announced an agreement to acquire Hatch for about $270M in cash plus $30M in retention, citing Hatch’s AI-powered customer communication platform and ~70% ARR growth.
NextView Ventures · Jan 2026
NextView described Hatch’s acquisition by Yelp and highlighted lessons from founders Chris Bache and Bill Violante about capital efficiency and deep customer understanding.