Hyperscience secured $60 million in Series B Round backed by Bessemer Venture Partners


Hyperscience, a New York-based data automation startup, has now secured $60 million in Series B funding round.

Hyperscience is founded by Peter Brodsky in the year 2014. It offers a Software-Defined, Input to Outcome Automation platform used by companies across the globe to build and run mission-critical processes with speed and ease. To date, the company has raised a total of $108.9 Million in six funding round, according to CrunchBase.

The platform allows enterprises to build and roll out new business processes with built-in automation, reduce manual errors, and low skill employees' productivity and eliminate the need for transformation.

Executive Opinion

Peter Brodsky, the CEO of Hyperscience, said, "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."

Hyperscience's Latest Funding

The round was backed by the Bessemer Venture Partners with participation from Tiger Global Management, and some of the existing investors which include the Stripes, Felicis Ventures, Battery Ventures, FirstMark Capital, Penna & Co, 3KVC, and Gaingels.

The company, as of now, has plans to use the new funds to continue to expand operations and its development efforts and grow its business outreach.

The company has more than 100 employees with its offices located in London, UK, Bulgaria, New York City, and Sofia.

PC: Pablo, Pixabay

Note: We at TechSutram take our ethics very seriously. More information about it can be found here.
Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

No comments:

Post a Comment

    Your valuable comments are welcome. (Moderated)