About HyperScience
HyperScience is a company based in New York (United States) founded in 2013 by Peter Brodsky.. HyperScience has raised $438.88 million across 9 funding rounds from investors including Bessemer Venture Partners, FirstMark and QBE Group. The company has 153 employees as of December 31, 2022. HyperScience has completed 1 acquisition, including Boxplot. HyperScience offers products and services including Hypercell for Document Automation and Hypercell for GenAI. HyperScience operates in a competitive market with competitors including UiPath, Automation Anywhere, Blue Prism, Aisera and WorkFusion, among others.
- Headquarter New York, United States
- Employees 153 as on 31 Dec, 2022
- Founders Peter Brodsky
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Hyper Labs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$438.88 M (USD)
in 9 rounds
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Latest Funding Round
$100 M (USD), Series E
Dec 22, 2021
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Investors
Bessemer Venture Partners
& 17 more
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Employee Count
153
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of HyperScience
HyperScience offers a comprehensive portfolio of products and services, including Hypercell for Document Automation and Hypercell for GenAI. 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.
Automates processing of various documents with high accuracy
Enables generative AI for business-specific data handling
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Funding Insights of HyperScience
HyperScience has successfully raised a total of $438.88M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in December 2021. 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 9
- Last Round Series E — $100.0M
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First Round
First Round
(13 Jul 2015)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series E - HyperScience | Valuation | Global Founders Capital , Tiger Global Management |
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| Oct, 2020 | Amount | Series D - HyperScience | Valuation | Tiger Global Management | |
| Oct, 2020 | Amount | Series C - HyperScience | Valuation |
investors |
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| 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 HyperScience
HyperScience has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, FirstMark and QBE Group. 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 focused on early-stage startups
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Global investments are made in product-led growth companies.
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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 HyperScience
HyperScience has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Boxplot. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Business intelligence suite is provided via Boxplot platform for analytics.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HyperScience
| 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 |
Hyperscience Comparisons
Competitors of HyperScience
HyperScience 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 UiPath, Automation Anywhere, Blue Prism, Aisera and WorkFusion, 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 |
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| domain | founded_year | HQ Location |
Cloud-based robotic process automation software is developed and provided.
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| domain | founded_year | HQ Location |
An AI-based platform for robotic process automation is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for cognitive automation
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| domain | founded_year | HQ Location |
AI agent platform for enterprise task automation is provided.
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| domain | founded_year | HQ Location |
Provider of robotic process automation and chatbot solutions to automate work processes
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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 Hyperscience
Frequently Asked Questions about HyperScience
When was HyperScience founded?
HyperScience was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is HyperScience located?
HyperScience is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of HyperScience?
Peter Brodsky is the current CEO of HyperScience. They have also founded this company.
Is HyperScience a funded company?
HyperScience is a funded company, having raised a total of $438.88M across 9 funding rounds to date. The company's 1st funding round was a Series C of $80M, raised on Jul 13, 2015.
How many employees does HyperScience have?
As of Dec 31, 2022, the latest employee count at HyperScience is 153.
What does HyperScience do?
HyperScience was founded in 2013 in New York, United States, focusing on the AI and automation sector. Robotic process automation is provided for document handling, where machine learning is utilized for data extraction and conversion of handwritten notes to digital formats. Insights into both machine and manual data are offered, with integration capabilities for business process software to support operational efficiency.
Who are the top competitors of HyperScience?
HyperScience's top competitors include UiPath, Automation Anywhere and Blue Prism.
What products or services does HyperScience offer?
HyperScience offers Hypercell for Document Automation and Hypercell for GenAI.
How many acquisitions has HyperScience made?
HyperScience has made 1 acquisition, including Boxplot.
Who are HyperScience's investors?
HyperScience has 18 investors. Key investors include Bessemer Venture Partners, FirstMark, QBE Group, AMTD, and Global Founders Capital.
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