About Hyperbolic
Hyperbolic is a company based in New York (United States) founded in 2022 by Jasper Zhang. It operates as a SaaS, and Marketplace. Hyperbolic has raised $19 million across 2 funding rounds from investors including Republic, Polychain and Vertex Ventures SG. Hyperbolic offers products and services including AI Inference Services, Scalable GPU Access, and Compute Monetization. Hyperbolic operates in a competitive market with competitors including Oasis Labs, SmlXL, Cere Network, Golem Network and CUDOS, among others.
- Headquarter New York, United States
- Founders Jasper Zhang
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Sectors
Technology
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Dec 10, 2024
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Investors
Republic
& 18 more
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Employee Count
Employee Count
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Products & Services of Hyperbolic
Hyperbolic offers a comprehensive portfolio of products and services, including AI Inference Services, Scalable GPU Access, and Compute Monetization. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High throughput and low latency AI model execution
Provides affordable GPU options for AI development needs
Enables earning from idle GPU machines easily
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Funding Insights of Hyperbolic
Hyperbolic has successfully raised a total of $19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(30 Jul 2024)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Hyperbolic | Valuation | Variant Fund , Polychain | |
| Jul, 2024 | Amount | Seed - Hyperbolic | Valuation | Faction VC , Polychain |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hyperbolic
Hyperbolic has secured backing from 19 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Republic, Polychain and Vertex Ventures SG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Bankless Ventures is focused on investing in Web3 pioneers.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups by IOSG Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hyperbolic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hyperbolic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hyperbolic Comparisons
Competitors of Hyperbolic
Hyperbolic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Oasis Labs, SmlXL, Cere Network, Golem Network and CUDOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Decentralized cloud computing is enabled via open-source smart contract platform.
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| domain | founded_year | HQ Location |
Provider of a platform combining static and dynamic analysis, symbolic execution, instrumentation, and simulation for a complete understanding of accounts and contracts.
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| domain | founded_year | HQ Location |
Decentralized data and finance cloud is provided for enterprises.
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| domain | founded_year | HQ Location |
Unused computing power is rented through blockchain for cloud services.
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| domain | founded_year | HQ Location |
Decentralized blockchain and cloud resources are provided by CUDOS.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hyperbolic
Frequently Asked Questions about Hyperbolic
When was Hyperbolic founded?
Hyperbolic was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Hyperbolic located?
Hyperbolic is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Hyperbolic?
Jasper Zhang is the current CEO of Hyperbolic. They have also founded this company.
Is Hyperbolic a funded company?
Hyperbolic is a funded company, having raised a total of $19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Jul 30, 2024.
What does Hyperbolic do?
Hyperbolic is an open-access AI cloud platform that aggregates idle computing resources to deliver affordable, scalable GPU access and AI services. It enables users to run AI models, access high-performance hardware, and monetize unused machines. The platform supports researchers, companies, and individuals by reducing costs and promoting collaboration. Based on expertise from institutions like UC Berkeley, it focuses on democratizing AI technology.
Who are the top competitors of Hyperbolic?
Hyperbolic's top competitors include Oasis Labs, SmlXL and CUDOS.
What products or services does Hyperbolic offer?
Hyperbolic offers AI Inference Services, Scalable GPU Access, and Compute Monetization.
Who are Hyperbolic's investors?
Hyperbolic has 19 investors. Key investors include Republic, Polychain, Vertex Ventures SG, Variant Fund, and Chapter One.
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