Hyperscience, a New York-based data automation startup, raised $60m in Series C funding.
The round was led by Bessemer Venture Partners with participation from Tiger Global Management and existing backers Stripes, FirstMark Capital, Battery Ventures, Felicis Ventures, 3KVC, Gaingels, and Penna & Co.
The company intends to use the funds to continue to expand operations and its development efforts and grow its business reach.
Founded in 2014 and led by Peter Brodsky, Hyperscience provides a Software-Defined, Input-to-Outcome Automation platform used by companies around the world to build and run mission-critical processes with ease and speed. The platform allows enterprises to build and roll out new business processes with built-in automations, reduce manual errors, increase high and low-skill employees productivity, and eliminate the need for transformation. Hyperscience Intelligent Document Processing solution has already been implemented at some of the world’s leading financial services, insurance, healthcare and government organizations, including TD Ameritrade, QBE Insurance Group Limited and Voya Financial.
The company has more than 140 employees with offices in New York City, Sofia, Bulgaria, and London, UK.