Hyperscience
Founded Year
2014Stage
Series E - II | AliveTotal Raised
$289.23MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+33 points in the past 30 days
About Hyperscience
Hyperscience is an enterprise AI platform provider specializing in intelligent document processing and hyperautomation technologies. The company offers solutions that transform unstructured content into structured, actionable data, enabling businesses to automate complex, mission-critical processes. Hyperscience serves various sectors, including financial services, government agencies, and insurance companies. It was founded in 2014 and is based in New York, New York.
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ESPs containing Hyperscience
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The document automation software market offers software solutions for automating the creation, management, and processing of documents. This market provides tools and platforms that streamline the document workflow, enabling organizations to generate accurate and consistent documents efficiently. Document automation software encompasses features such as templates, data integration, workflow automa…
Hyperscience named as Leader among 15 other companies, including Adobe, Esker, and Ocrolus.
Hyperscience's Products & Differentiators
Hyperscience Platform
The Hyperscience Platform, Hyperscience's proprietary Artificial Intelligence and Machine Learning automation technology, parses through vast amounts of complex, unstructured document types and automatically extracts machine-readable data for further processing.
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Research containing Hyperscience
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Hyperscience in 5 CB Insights research briefs, most recently on Dec 18, 2023.
Dec 18, 2023
The P&C claims tech stack market mapExpert Collections containing Hyperscience
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Hyperscience is included in 9 Expert Collections, including Robotic Process Automation.
Robotic Process Automation
322 items
RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.
Digital Lending
2,374 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
AI 100
300 items
Insurtech
4,354 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Artificial Intelligence
14,767 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Fintech
9,297 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Hyperscience News
Aug 27, 2024
Share Hyperscience , a market leader in hyperautomation and a provider of enterprise AI infrastructure software, today announced the appointment of JJ Trahan as its new Executive Vice President of Global Revenue, to help lead the company through its next phase of growth and meet the rising demands for enterprise AI solutions. Trahan brings a wealth of experience and a proven track record in building world class Go-To-Market (GTM) teams that deliver consistent, consecutive years of revenue growth, with successful extended tenures at UserTesting, Qualtrics, and Parametric Technology Corp (PTC). “Hyperscience has strong business momentum and a unique enterprise AI platform that is leading the hyperautomation market. We are at a pivotal point in our growth with a tremendous opportunity to capitalize on the rising demands in the enterprise AI market” “Hyperscience has strong business momentum and a unique enterprise AI platform that is leading the hyperautomation market. We are at a pivotal point in our growth with a tremendous opportunity to capitalize on the rising demands in the enterprise AI market,” said Andrew Joiner, CEO, Hyperscience. “JJ brings a proven track record in leading sales organizations through multiple years of hypergrowth, and a fresh perspective that will be invaluable as we continue to expand our reach and innovate in the hyperautomation and AI space. He is the ideal leader to help scale our GTM engine as we continue on our growth trajectory.” Related Posts Hyperscience delivers cutting-edge technology to a diverse portfolio of blue-chip customers, a robust partner network, and deep collaborations with top-tier systems integrators, ensuring our solutions are expertly embedded in critical business processes across organizations worldwide. In his new role, Trahan will be responsible for advancing this ecosystem and the growth strategy of the company. He will oversee all the commercial efforts for Hyperscience, including execution of direct, channel, and customer relationships as well as revenue operations. He will report directly to the Hyperscience CEO, Andrew Joiner. Most recently, Trahan was SVP of Revenue at UserTesting, a leader in video based, human insight and backed by private equity firm, Thoma Bravo. He led the North American efforts of the combined entity of UserTesting and UserZoom. Prior to UserTesting, Trahan led monumental growth at two well-known software companies and category creators – Qualtrics, a global leader in experience management, and PTC, a global leader in product lifecycle management. He built exceptional commercial teams through the years helping both companies mature and accelerate through multiple stages of their evolution. Trahan brings a strong leadership pedigree – he graduated from the United States Air Force Academy, and served as an Air Force officer. At PTC, he gained valuable experience successfully selling into the federal market and government agencies. Given Hyperscience’s strength in the public sector and the investments the company is making in FedRAMP High certification, Trahan’s experience will help the company deepen its footprint in this critical market. “Hyperscience has established itself as the trusted and proven offering for customers seeking to achieve real ROI from their enterprise AI technology investments,” said JJ Trahan, EVP, Global Revenue, Hyperscience. “As a GTM leader, this is a wonderful position to be in, and I look forward to leading the team as we help customers apply the power of AI to modernize their back office processes and transform their front office experiences. I’m thrilled to be joining this team and look forward to capitalizing on the significant opportunity in front of us.” [To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com ]
Hyperscience Frequently Asked Questions (FAQ)
When was Hyperscience founded?
Hyperscience was founded in 2014.
Where is Hyperscience's headquarters?
Hyperscience's headquarters is located at 88th Floor, One World Trade Center, New York.
What is Hyperscience's latest funding round?
Hyperscience's latest funding round is Series E - II.
How much did Hyperscience raise?
Hyperscience raised a total of $289.23M.
Who are the investors of Hyperscience?
Investors of Hyperscience include Gaingels, Stripes Group, Tiger Global Management, Bessemer Venture Partners, Global Founders Capital and 23 more.
Who are Hyperscience's competitors?
Competitors of Hyperscience include Lazarus, Cogniquest, Eigen Technologies, Indico Data, Natif.ai and 7 more.
What products does Hyperscience offer?
Hyperscience's products include Hyperscience Platform.
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Compare Hyperscience to Competitors
ABBYY is a company specializing in intelligent automation and document understanding within the technology sector. Its main offerings include intelligent document processing platforms that capture and transform data from various document types and process intelligence solutions that provide insights for business process optimization. ABBYY's products are primarily utilized in industries such as financial services, insurance, transportation, public sector, and healthcare. It was founded in 1989 and is based in Milpitas, California.
Instabase is a company focused on automating business processes through artificial intelligence, operating within the technology and AI sectors. Its main offerings include AI-powered solutions for understanding, extracting, and analyzing unstructured data to streamline document processing and generate actionable insights. Instabase primarily serves sectors such as financial services, insurance, healthcare, and the public sector. It was founded in 2015 and is based in San Francisco, California.
Rossum offers a document processing platform. It is an artificial intelligence (AI)--based cloud document gateway for automated business communication. It understands complex structured documents and enables companies to capture data from financial documents with human-level accuracy. It was founded in 2017 and is based in Prague, Czech Republic.
AntWorks is a global leader in the intelligent document processing sector. The company offers a platform, CMR+, that processes a wide range of documents in various formats, including forms, handwritten notes, images, tables, and signatures, to streamline operations and enhance data-driven decision-making. AntWorks primarily serves sectors such as banking, financial services, insurance, manufacturing, retail, and supply chain. It was founded in 2015 and is based in Singapore, Singapore.
TAIGER operates as a company focusing on artificial intelligence (AI) solutions, operating in the technology and AI industry. The company's main services include an AI platform that automates document classification and data extraction, using generative AI technology to automate cognitive tasks. Its platform is designed to understand documents in multiple languages and allows users to create, test, and deploy their own models. It was formerly known as Playence. It was founded in 2009 and is based in Singapore.
Indico Data is a company specializing in artificial intelligence solutions for automated document intake across various industries. Their main offering includes an Intelligent Intake solution that automates the processing of unstructured data. It serves sectors such as the insurance industry, financial services, and healthcare, optimizing processes like underwriting, claims, policy servicing, and revenue cycle management. Indico Data was formerly known as Indico. It was founded in 2013 and is based in Boston, Massachusetts.
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