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Clients who choose Hyperscience are utilizing the company's automation technology to completely revamp how they utilize data, drive business decisions, as well as structure their operations. And now they are looking to do more.
FREMONT, CA: Hyperscience, the automation company, secures $80M in Series D round of financing. The round was led by Tiger Global, with active participation from new investor BOND, bringing the company's total funding to $190 million. Bessemer Venture Partners and all existing major investors took part in the round, renewing their support of the company's vision to transform business processes via Software-Defined Management.
"The ground beneath the feet of technology leaders has forever changed," stated John Curtius, Partner, Tiger Global. "With the constantly moving business landscape, Hyperscience is well-positioned to advance automation and overcome the limitations of legacy technology approaches. As organizations come to embrace a software-defined solution, there will be a future where they will be more resilient when faced with the unexpected."
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Many software companies strive to automate manual processes but struggle to do so efficiently, reliably, and at scale. Hyperscience's technology can automate 95 percent of data entry with over 99.5 percent accuracy, far surpassing the average industry accuracy rate, which is around 55 percent.
Clients who choose Hyperscience are utilizing the company's automation technology to completely revamp how they utilize data, drive business decisions, as well as structure their operations. And now they are looking to do more.
"Hyperscience has been accelerating its growth, and we are more motivated than ever to provide our customers with a solution that will power better business outcomes - and consumer experiences - than what's currently available," Brodsky continued. "With our world-class team and this recent raise, Hyperscience is on track to become a global leader in business automation."
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