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.
+52 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 intelligent document processing (IDP) market automates the processing of unstructured data, such as documents, emails, images and videos. This is achieved using AI and machine learning technologies that can extract relevant information from these sources and integrate it into workflows. The IDP market is growing rapidly as businesses seek to reduce manual processing costs, improve accuracy and…
Hyperscience named as Leader among 15 other companies, including Oracle, NEC, and Automation Anywhere.
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 4 CB Insights research briefs, most recently on Dec 18, 2023.
Dec 18, 2023
The P&C claims tech stack market map
Expert 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
4,363 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
Fintech
9,304 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
749 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Latest Hyperscience News
Oct 23, 2024
NEW YORK--(BUSINESS WIRE)--Hyperscience, a market leader in hyperautomation and a provider of enterprise AI infrastructure software, today announced that it has been awarded the prestigious Innovation Award from Deep Analysis for a second consecutive year. The award recognizes Hyperscience for Hypercell for GenAI – a groundbreaking solution that ushers the back office into the GenAI age, by fine-tuning LLMs with ground truth documents embedded at the core of the enterprise. Hypercell for GenAI
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 focuses on artificial intelligence with a specialization in document automation and cognitive task processing. The company provides a platform, Omnitive IDP, which enables document classification and data extraction using Generative AI, while adhering to data privacy and security regulations. TAIGER's solutions are aimed at automating cognitive tasks for various industries and support document processing in multiple languages. TAIGER was formerly known as Playence. It was founded in 2009 and is based in Singapore, Singapore.
Parascript is a company that specializes in Intelligent Document Processing (IDP) in the technology sector. The company offers software solutions that automate data entry and modernize document workflows, eliminating manual processes and streamlining access to data. Parascript primarily serves sectors such as banking and finance, healthcare and insurance, government, logistics and transportation, and mail and post. It was founded in 1996 and is based in Longmont, Colorado.
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