About HyperVerge
HyperVerge is a company based in Palo Alto (United States) founded in 2014 by Saivenkatesh Ashokkumar, Praveen Kumar, Kedar Kulkarni, Kishore Natarajan, and Vignesh Krishnakumar. HyperVerge has raised $1 million across 1 funding round from investors including NEA, Naya Ventures and Milliways Ventures. The company has 155 employees as of April 08, 2024. HyperVerge operates in a competitive market with competitors including Perfios, Signicat, IDnow, Riskified and Onfido, among others.
- Headquarter Palo Alto, United States
- Employees 155 as on 08 Apr, 2024
- Founders Saivenkatesh Ashokkumar, Praveen Kumar, Kedar Kulkarni, Kishore Natarajan, Vignesh Krishnakumar
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Sectors
TechnologyFinancial Services
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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 Hyperverge Technologies Private Limited
- Date of Incorporation 30 Dec, 2013
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$11.7 M (USD)37.68as on Mar 31, 2023
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Net Profit
$1.99 M (USD)27.55as on Mar 31, 2023
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EBITDA
$2.77 M (USD)24.31as on Mar 31, 2023
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Aug 18, 2015
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Investors
NEA
& 3 more
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Employee Count
155
as on Apr 08, 2024
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People of HyperVerge
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Funding Insights of HyperVerge
HyperVerge has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in August 2015. 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.
Investors in HyperVerge
HyperVerge has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include NEA, Naya Ventures and Milliways Ventures.
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Venture capital investments are offered to startups by NEA.
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Investor details for HyperVerge
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Investments & Acquisitions by HyperVerge
Investment portfolio details for HyperVerge
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Financial Statements - HyperVerge
Detailed financials for HyperVerge
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Hyperverge Comparisons
Peer comparison for HyperVerge
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Competitors of HyperVerge
HyperVerge 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 Perfios, Signicat, IDnow, Riskified and Onfido, among others.
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Provides financial technology solutions for data analysis and verification globally.
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Software solutions for identity management are provided via APIs.
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Automated and expert-led identity verification services are provided.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity verification solutions are provided, including document and biometric authentication.
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Identity verification, background screening, and fraud prevention solutions are provided.
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Detailed competitors of HyperVerge
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Latest news on Hyperverge
Complete news archive for HyperVerge
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Frequently Asked Questions about HyperVerge
HyperVerge was founded in 2014 and raised its 1st funding round 1 year after it was founded.
HyperVerge is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Kedar Kulkarni is the current CEO of HyperVerge. They have also founded this company.
HyperVerge is a funded company, having raised a total of $1M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at HyperVerge is 155.
Annual revenue of HyperVerge is $11.7M as on Mar 31, 2023.
HyperVerge was founded in 2014 and is headquartered in Palo Alto, United States. AI-driven solutions are provided for automating identity verification and document processing in sectors such as banking, insurance, eCommerce, and fintech. Services include APIs for KYC, fraud detection, OCR, face authentication, and video validation, along with no-code workflow tools and analytics integrations. Operations support onboarding for industries like gaming, crypto, and logistics.
HyperVerge has 4 investors. Key investors include NEA, Naya Ventures, Milliways Ventures, and RTBI.