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HyperScience

Valuation $7B

About HyperScience

Hyperscience is an intelligent document-processing platform for enterprises.
Headquarters HyperScience, New York
Founded 2014-01-01
Industry Artificial Intelligence (AI), InsurTech, Machine Learning, SaaS
Last Funding Type Series E
Valuation 7
Total Funding $288.88 million dollars
IPO Status Private

Financial

Hyperscience is focused on enhancing machine learning models for intelligent document processing. Their research includes a text recognition system that utilizes a fine-tuning model to improve transcription accuracy from documents. Additionally, they are developing methods to generate relevancy masks through a dynamic contextual script, which likely aids in identifying pertinent information across various document templates. These innovations aim to refine the precision and context-awareness of enterprise document processing.

Hyperscience has been named a Leader in the IDC MarketScape: Worldwide Unstructured Intelligent Document Processing (IDP) Software 2024 Vendor Assessment. Additionally, the company announced a new solution to unlock Generative AI for mission-critical applications.
Funding Rounds 9
Number of Lead Investors 8
Total Funding Amount  $288.88 million dollars
Number of Investors 27

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