Hyperscience
| Industry | Computer Software |
|---|---|
| Founded | 2014 |
| Headquarters | New York, NY , United States |
Key people | Andrew Joiner (CEO) |
| Products | Hyperscience Hypercell |
Number of employees | 247 |
| Website | hyperscience |
Hyperscience is an artificial intelligence and intelligent automation company.
History
Peter Brodksy, Vladimir Tzankov, and Krasimir Marinov founded Hyperscience in 2014. The company based in New York City, NY, also has offices in Sofia, Bulgaria and London, United Kingdom. Investors include Bessemer Venture Partners, Battery, FirstMark, Stripes, and Tiger Global. In December 2016, Hyperscience announced that they raised $18 million in a Series A round from existing investors along with the addition of Felicis Ventures and FirstMark Capital.[1] In January 2019, the company announced $30 million funding in a for Series B round, led by Stripes Group, Felicis Ventures, and FirstMark Capital, as well as new investors Global Founders Capital, Battery Ventures, QBE and TD Ameritrade.[2] In 2020 the company announced their Series C financing round of $60M led by Bessemer Venture Partners with major investment by Tiger Global, participation from their existing investors Stripes, FirstMark Capital, Battery Ventures, Felicis Ventures, and 3KVC, as well as Gaingels and Penna & Company, two firms new to Hyperscience.[3] Following this, the company announced its Series D funding round of $80 million, led by Tiger Global, with participation from new investor BOND bringing its total funding to $190 million.[4] In 2021, the company announced that it raised $100 million in Series E funding led by existing investors Global Founders Capital, Tiger, Stripes, and Bessemer.[5]
Software
Hyperscience offers an intelligent document processing solution built on a machine learning platform for enterprises dealing with high volumes of documents, data, and manual processing. The Hyperscience Hypercell processes structured, semi-structured, and unstructured data on documents, automating up to 98%+ of manual document sorting, out of the box with 99.5% accuracy. The low-code platform provides enterprises with an easy to use solution for classification and data extraction.
Hyperscience’s product currently serves heavily regulated industries such as insurance, financial services, government, and healthcare industries. The Hyperscience Hypercell platform is designed for flexibility, supporting SaaS, on-prem, and private cloud deployments across AWS, Azure, and GCP. Installation is containerized and compatible with Docker, Podman, and Kubernetes, making it easy for customers and partners to deploy and manage solutions across varied infrastructures.
Recognition
Over the past ten years, Hyperscience has garnered multiple prestigious accolades acknowledging its leadership in AI-driven automation and document intelligence. In 2021, it was recognized by the AI Breakthrough Awards as the Best Handwriting Recognition Solution (AI Breakthrough Awards), highlighting its superior approach to processing handwritten content with context-aware AI. In 2023, Hyperscience secured two further honors: the Best Handwriting Recognition Solution from AI Breakthrough (IDP) once again, and an Innovation Award from analyst firm Deep Analysis (Deep Analysis) for its groundbreaking Visual Document Understanding (VDU) language model, which eliminates reliance on Optical Character Recognition (OCR). The following year, in 2024, the company earned another Innovation Award from Deep Analysis specifically for Hypercell for GenAI (Businesswire Press Release), a solution that fine‑tunes large language models using enterprise-grounded documents. In 2025, Hyperscience’s Hypercell for GenAI was further honored with the “IDP Platform of the Year” award from Tech Breakthrough’s AI Breakthrough Awards (Business Wire Press Release) as well as the Artificial Intelligence Excellence Award in the Innovative AI Products category from The Business Intelligence Group (Business Intelligence Group). Additionally, in 2025 the company made it on the Inc. 5000 list of America’s fastest growing private companies (Inc).
References
- ↑ Crook, Jordan. "HyperScience, with $18m in Series A funding, offers AI to solve back-office problems". Tech Crunch.
- ↑ Crook, Jordan. "HyperScience, the machine learning startup tackling data entry, raises $30 million Series B". Tech Crunch. Retrieved 28 May 2020.
- ↑ "100 BEST PLACES TO WORK IN NYC 2020". BuiltinNYC.
- ↑ "HyperScience: Harnessing the Power of AI to Transform Insurance Data and Processes". CIO Review. Retrieved 28 May 2020.
- ↑ "5 Executives and 100 Companies and Products Leading in Innovation in 2020". Business Intelligence Group. Retrieved 28 May 2020.
External links
- Hyperscience Official Website
- Hyperscience on Linkedin
- Hyperscience on Facebook
- Hyperscience on X
- Hyperscience on Bluesky
- Hyperscience on Instagram
This article "Hyperscience" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.