Bessemer leads Hyperscience’s $60M Series C financing
New York-based enterprise automation company, Hyperscience , announced it has raised $60 million in a Series C round led by Bessemer Venture Partners with participation from Tiger Global, Stripes, FirstMark Capital, Battery Ventures, Felicis Ventures, 3KVC, Gaingels, and Penna & Company. The company (a team of ~150) has raised a total of $108.8 million to date.
Founded in 2014 and launched in 2017, the company offers an Intelligent Document Processing (IDP) solution, and since then, has developed the building blocks for its Software-Defined, Input-to-Outcome Platform that will be released later this year. “We work with many of the world’s leading financial services, insurance, healthcare and government organizations to orchestrate data, people and processes in digital assembly lines, delivering data extracted with exceptional accuracy that businesses use to inform decisions. Being able to understand the data has enabled us to deliver a broad spectrum, input-to-outcome automation solution for many business processes.”