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HYPR

SaaS passwordless authentication for enterprises

Overview

HYPR delivers passwordless authentication as a SaaS for enterprises, replacing passwords with secure login methods. Its cloud platform uses FIDO-certified credentials and integrates with multiple identity providers, with offline mode support and apps on iOS and Android. It differentiates itself through active participation in the FIDO Alliance and enterprise-focused features like offline use and broad integrations. Its goal is to turn the traditional attack surface into a harder-to-breach infrastructure by eliminating passwords and improving security and user experience for enterprises.

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About HYPR

Simplify's Rating
Why HYPR is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareCybersecurity

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$134.6M

Headquarters

New York City, New York

Founded

2014

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Simplify's take

What believers are saying

  • HYPR's March 2026 report says 87% of organizations faced audio or video deepfakes.
  • HYPR says passwordless deployment reached 43%, while 28% plan rollouts within two years.
  • HYPR's mobile app offers offline mode and iOS, Android distribution for workforce access.

What critics are saying

  • Cost and budget constraints blocked adoption for 40% of organizations in HYPR's 2026 report.
  • Microsoft Entra ID already embeds passkeys, shrinking HYPR's enterprise authentication wedge.
  • HYPR's headcount fell from 134 in 2023 to 112 in March 2026.

What makes HYPR unique

  • HYPR's 2026 platform unifies phishing-resistant MFA, identity verification, and risk monitoring.
  • HYPR supports desktop-to-cloud logins across Windows, Mac, Linux, iOS, and Android.
  • HYPR's non-syncable Entra ID passkeys target enterprises needing device-bound phishing resistance.

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Funding

Total Funding

$134.6M

Above

Industry Average

Funded Over

8 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison Coming Soon

Benefits

  • Medical, dental, & vision
  • Flexible vacation
  • Paid parental leave
  • Flexible work schedule
  • Company lunch
  • Team activities
  • Wellness days & summer fridays
  • Home office stipend
  • Training & development

Growth & Insights and Company News

6 month growth

0%

1 year growth

2%

2 year growth

0%
Business Wire
Sep 17th, 2026
HYPR, the Leader in Phishing-Resistant MFA, Raises $25M

HYPR, the Passwordless Company, today announced a $25 million Series C1 led by Advent International through Advent Tech, the firm’s dedicated global technolo...

SiliconANGLE Media
Jun 4th, 2024
Passwordless security company HYPR raises $30M to bolster defenses against AI security threats

Passwordless security company HYPR raises $30M to bolster defenses against AI security threats - SiliconANGLE

HYPR
May 1st, 2024
HYPR Raises $35M in Series C Financing | HYPR

We’ve got 35 million new reasons to be hype about HYPR. The Series C investment comes amid significant momentum for HYPR as it grows market share.

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