Work Here?
About Hyperscience
Industries
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Series E
Total Funding
$288.9M
Headquarters
New York City, New York
Founded
2014
Overview
HyperScience provides an enterprise AI platform that automates business processes using machine learning. The platform is trained by humans, which allows it to perform complex tasks with high accuracy. It serves various clients, including insurance companies, federal agencies, and financial institutions, helping them to significantly improve their operational efficiency. For example, it has enabled QBE to process claims 80% faster and helped a federal agency save $45 million annually by automating claims processing with over 96% accuracy. Unlike many competitors, HyperScience focuses on a B2B model, offering a customizable platform tailored to the specific needs of each client. The company's goal is to help businesses save time and reduce costs through effective automation.
Simplify's Take
What believers are saying
- Rising demand for AI-driven document processing boosts Hyperscience's market potential.
- Government agencies increasingly adopt AI for compliance, benefiting Hyperscience's offerings.
- Generative AI integration unlocks new efficiencies, expanding Hyperscience's capabilities.
What critics are saying
- Competition from FedRAMPĀ® High authorized companies like Manifest challenges Hyperscience's government sector position.
- Rapid AI evolution may outpace Hyperscience's offerings, requiring continuous innovation.
- Dependency on third-party tech like Google Cloud poses risks if partnerships face disruptions.
What makes Hyperscience unique
- Hyperscience's AI platform is trained by humans for high accuracy in complex tasks.
- The company offers customizable AI solutions for specific industry needs, enhancing client value.
- Hyperscience collaborates with Google Cloud and HPE to enhance AI infrastructure and scalability.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$288.9M
Meets
Industry Average
Funded Over
5 Rounds
Bessemer Venture Partners
Tiger Global
Battery VenturesIndustry standards
Benefits
Top notch healthcare for you and your family
30 days of paid leave annually to help nurture work-life symbiosis
A 100% 401(k) match for up to 6% of your annual salary
6 months paid parental leave (or double salary to pay for your partnerās unpaid leave)
Free travel for any person accompanying a breastfeeding mother and her baby on a business trip,
A child care and education stipend up to $3,000 per month, per child under the age of 21 for a maximum of $6,000 per month total
Flexible work hours that are compatible with having children
Two weeks of severance for every 6 months served with a minimum of 1 month severance
Growth & Insights and Company News
6 month growth
ā 0%1 year growth
ā 0%2 year growth
ā -5%Hyperscience, a market leader in hyperautomation and a provider of enterprise AI infrastructure software, announced that DISA Global Solutions, a leading tech-powered provider of workplace compliance management and employee screening solutions, has selected Hyperscience as a key partner in its digital transformation journey.
WESTPORT, Conn., Jan. 7, 2025 /PRNewswire/ -- Manifest, the industry leading software bill of materials (SBOM) and artificial intelligence bill of materials (AIBOM) management platform, today announced that it has achieved FedRAMPĀ® High authorization through Palantir Technologies' FedStart program. Manifest can deliver its industry-leading SBOM and AIBOM management platform to government customers in a FedRAMPĀ®-authorized environment. FedRAMPĀ® High authorization provides assurance that Manifest can handle the most sensitive data across the public sector including law enforcement data, healthcare data, or other mission-critical data
"Already known as a leader in classic high-volume IDP use cases, this year Hyperscience launched its ambitious Hypercell for GenAI offering, an AI infrastructure platform to address that market demand.
JJ Trahan joins Hyperscience from UserTesting, where he most recently served as Senior Vice President North America.
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.
Hyperscience is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Hyperscience
About Hyperscience
Industries
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Series E
Total Funding
$288.9M
Headquarters
New York City, New York
Founded
2014
Hyperscience is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Hyperscience