HyperVerge

Palo Alto, United States Founded: 2014 • Age: 12 yrs
AI-powered automation is offered for document analysis and identity verification.

About HyperVerge

HyperVerge is a Technology company based in Palo Alto (United States) founded in 2014 by Saivenkatesh Ashokkumar, Praveen Kumar, Kedar Kulkarni, Kishore Natarajan, and Vignesh Krishnakumar. AI-powered automation is offered for document analysis and identity verification. It operates in the Technology and Financial Services sectors. HyperVerge has raised $1.55 million across 2 funding rounds from investors including NEA, Naya Ventures and Milliways Ventures. The company has 155 employees. Its chief executive, as recorded, is Kedar Kulkarni. Its website hyperverge.co draws about 2.1 million monthly visits. Its Indian entity Hyperverge Technologies Private Limited reported revenue of β‚Ή149 Cr. Its focus areas include FinTech, RegTech, KYC and High Tech. Its competitors include Riskified, Signifyd and Parallel Markets; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Palo Alto, United States
  • Employees 155
  • Founders Saivenkatesh Ashokkumar, Praveen Kumar, Kedar Kulkarni, Kishore Natarajan, Vignesh Krishnakumar
  • Sectors
    Technology
    Financial Services
  • Website category Computers Electronics and Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website hyperverge.co
  • Social LinkedIn X Facebook Instagram
  • Legal Name Hyperverge Technologies Private Limited
  • Date of Incorporation 30 Dec, 2013
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Indian entity revenue
    ₹149 Cr

    FY 2025 · +17% YoY

  • Indian entity net profit
    ₹3.24 Cr

    FY 2025 · 2% margin

  • Indian entity EBITDA
    ₹5.87 Cr

    FY 2025 · 4% margin

  • Total Equity Funding
    $1.55M (USD)

    in 2 rounds

  • Latest Funding Round
    $1M (USD), Seed

    Aug 2015

  • Investors
    NEA

    & 3 more

  • Employee Count
    155

Apps and channels of HyperVerge

HyperVerge publishes 2 mobile apps with over 1K+ downloads.

HyperKYC
Google Play Libraries & Demo Everyone Free
Developer: HyperVerge
View on Google Play
HyperKYC
App Store Business 4+
Developer: HyperVerge
View on App Store

Funding Insights of HyperVerge

HyperVerge has successfully raised a total of $1.55M across 2 strategic funding rounds. 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.

  • Total Funding $1.55M
  • Total Rounds 2
  • Last Round Seed β€” $1M
  • First Round $550,000

    (Oct 2014)

  • Investors Count 4

All 2 funding rounds of HyperVerge with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2015$1MSeed–New Enterprise Associates, Naya Ventures
Oct 2014$550,000Seed––
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are offered to startups by NEA.
nea.comMenlo Park, United States
Venture capital fund investing in tech sectors
nayaventures.comIrving, United States
VC firm investing in the US
milliwaysventures.comLos Altos, United States
Startups in rural technologies are incubated by government-backed RTBI.
rtbi.inChennai, India
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Investor details for HyperVerge

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Board of directors of Hyperverge Technologies Private Limited (HyperVerge)

Hyperverge Technologies Private Limited is the primary company behind HyperVerge. The board of Hyperverge Technologies Private Limited currently have 3 directors; the longest-serving is Kedar Nitinchandra Kulkarni, appointed in 2013. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kedar Nitinchandra Kulkarni
DIN 02913584
Director30 Dec 201312 yrs 10 moHyperverge Technologies Private Limited
Vignesh Krishnakumar
DIN 06714494
Director30 Dec 201312 yrs 10 moHyperverge Technologies Private Limited
Kishore Natarajan
DIN 06793622
Director22 Jan 201412 yrs 9 moHyperverge Technologies Private Limited

People of HyperVerge

62 people are tracked at HyperVerge (15 in leadership, 47 in team); the tracked headcount is 155.

NameRoleGroup
Saivenkatesh Ashokkumar
Co-FounderLeadership
Praveen Kumar
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-FounderLeadership
Co-Founder & CTOLeadership
Hariprasad P S
Head of AILeadership
Navien R.
Head of Demand Generation & GrowthLeadership
Jay Dembani
Head of Product, Digital IdentityLeadership
Devshi Kashyap
Head Of FinanceLeadership
Shreshtha Karmakar
Startup And SMB HeadLeadership
Akhilesh Agrawal
Head Of Global StrategyLeadership
Rohit Reddy Dega
Founder's Office - Strategic Initiatives | Heading - Onboarding And DeliveryLeadership
Saket Kumar Jha
Chief Revenue Officer - APAC & MEALeadership
Hemant Kumar Puranmath
Head Of Global SupportLeadership
Gaurav Jain
Head of SalesLeadership
Srinija Ammapalli
Lead Product ManagerTeam
Piyush Bafna
Machine Learning Engineer - 2Team
Aryan Mukund
Sales Team - Philippines & IndonesiaTeam
Richa Tiwari
Strategy & OperationsTeam
Shivank Mittal
Machine Learning Engineer 2Team

42 more people are available in the full profile.

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Financials of HyperVerge

Figures of Hyperverge Technologies Private Limited, the primary company behind HyperVerge, for FY 2025. Revenue was ₹149 Cr (+17% year on year). Net profit was ₹3.24 Cr (2% margin). EBITDA was ₹5.87 Cr (4% margin). Revenue has grown at a compounded annual rate of +28% over three years and +20% over five years.

  • ₹149 CrRevenue · FY 2025 · +17% YoY
  • ₹3.24 CrNet profit · 2% margin
  • ₹5.87 CrEBITDA · 4% margin
  • ₹100 LakhPaid-up capital
  • 155Employees (provident fund records)
  • +28%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hyperverge Technologies Private Limited are on its company page.

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Detailed financial statements for HyperVerge

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of HyperVerge

3 dated milestones of HyperVerge across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded HyperVerge is founded.
  2. Funding First funding round of $550K.
  3. Funding Latest funding round, Seed, of $1.0M.

Competitors of HyperVerge

HyperVerge has 3 listed competitors in our database, 3 of them funded. They include Riskified, Signifyd and Parallel Markets.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
riskified.com2013New York, United States$232.02M781
AI-based fraud prevention for e-commerce payments is provided.
signifyd.com2011Palo Alto, United States$394.38M399
Provider of fraud prevention and payment validation for online retailers
parallelmarkets.com2018New York, United States$11.56M
Software solutions for private market investors
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Detailed competitors of HyperVerge

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Web traffic of HyperVerge

The website of HyperVerge (hyperverge.co) receives about 2.1M visits a month and ranks #26,919 among all websites worldwide, #3,410 in Computers Electronics and Technology.

  • Monthly visits
    2.1M

    ▼ 0.8% vs previous month

  • Unique visitors
    1.1M

    per month

  • Global rank
    #26,919

    among all websites

  • Category rank
    #3,410

    Computers Electronics and Technology · Computers Electronics and Technology

Similar websites

Websites whose visitors overlap most with HyperVerge. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
figma.com
100%
84.7M#221View details
leetcode.com
99%
38.5M#1,101View details
notion.so
93%
178.3M#160View details
fast.com
fast.com
91%
#914–
upwork.com
87%
38M#886View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in GRC, Risk & Compliance Software

3 companies that operate in the same segment as HyperVerge (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M350
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Related news about Hyperverge

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Frequently Asked Questions about HyperVerge

HyperVerge was founded in 2014.

HyperVerge is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Kedar Kulkarni is the CEO of HyperVerge, as recorded in our data. They have also founded this company.

HyperVerge is a funded company, having raised a total of $1.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $550K, raised on Oct 2014.

HyperVerge has 155 employees.

The primary company behind HyperVerge, Hyperverge Technologies Private Limited, reported revenue of β‚Ή149 Cr for FY 2025, up 17% year on year.

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's top competitors include Riskified, Signifyd and Parallel Markets.

HyperVerge has 4 investors. Key investors include NEA, Naya Ventures, Milliways Ventures, and RTBI.

HyperVerge operates through Hyperverge Technologies Private Limited.

The legal entities of HyperVerge currently have 3 directors, including Kedar Nitinchandra Kulkarni, Vignesh Krishnakumar, Kishore Natarajan.

Yes. HyperVerge publishes HyperKYC and 1 more app, with over 1,000 downloads.

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