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Hyperscience

Hyperscience

AI-powered document processing platform

PrivateGrowthComputer VisionAmericas
Founded2014
Headquarters🇺🇸 New York
Employees201-500
Total Raised$439M
Last FundedDec 2021

About

Hyperscience is an AI document processing platform with $439M total funding including $100M Series E (2021) from Tiger Global. Record Q1 2024 ARR with strong retention. Forrester Wave Leader (Q2 2024) and IDC MarketScape Leader 2024. Customers include AmEx, Charles Schwab, Fidelity, US Social Security, and UK HMRC. Founded 2014 in NYC.

Key Facts

  1. [1]Founded: Founded in 2014 in New York, United States.
  2. [2]Funding: Total funding: $439M. Last round: Dec 2021. Stage: Growth.
  3. [3]Employees: Employee count: 201-500.
  4. [4]Website: Official website: hyperscience.com.
  5. [5]AI Technology: Core AI/ML technologies: Computer Vision.
  6. [6]Region: Region: Americas (United States).

Founder

P

Peter Brodsky

Co-founder & CEO

AI Technology

Computer Vision

Image and video processing, OCR, and document extraction

Classification

Market Segments

Tech Stack Layers

Details

Last FundingDec 2021
Funding RoundSeries C+
Age12 years
Country🇺🇸 United States

Frequently Asked Questions

What is Hyperscience?

Hyperscience is an AI document processing platform with $439M total funding including $100M Series E (2021) from Tiger Global. Record Q1 2024 ARR with strong retention. Forrester Wave Leader (Q2 2024) and IDC MarketScape Leader 2024. Customers include AmEx, Charles Schwab, Fidelity, US Social Security, and UK HMRC. Founded 2014 in NYC. Hyperscience is classified in the Enterprise Finance segment at the Data layer of the financial AI stack.

Who founded Hyperscience?

Hyperscience was founded by Peter Brodsky (Co-founder & CEO) in 2014 in New York, United States. The company has been operating for 12 years.

How much funding has Hyperscience raised?

Hyperscience has raised $439M in total funding, placing the company at the Growth stage. The most recent round closed in Dec 2021. Among 79 funded Enterprise Finance companies, Hyperscience ranks #12 by total capital raised. (Source: AIFI Map directory.)

What AI technology does Hyperscience use?

Hyperscience primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Enterprise Finance segment, 11 companies use this technology.

What market segment does Hyperscience operate in?

Hyperscience operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.

Where is Hyperscience headquartered?

Hyperscience is headquartered in New York, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.

Who are Hyperscience's competitors?

Companies similar to Hyperscience in the Enterprise Finance space include Ocrolus ($142M raised), Tegus ($112M raised), Puzzle ($67M raised), Pilot ($222M raised), Zeni ($48M raised). These companies operate in related areas of financial AI: Ocrolus focuses on ai document automation for lending decisions. Tegus focuses on ai-generated investment research summaries. Puzzle focuses on generative accounting platform for startups. (Based on AIFI Map classification data.)

What products does Hyperscience offer?

Hyperscience builds data-layer solutions for the financial services industry. The company's core offering: AI-powered document processing platform. The platform is powered by Computer Vision technology.