Hyperscience, a NYC-, London, UK and Sofia, Bulgaria-based data entry automation company, raised $80M in Series D financing.
The round, which brought total funding to $190m, was led by Tiger Global, with participation from new investor BOND, Bessemer Venture Partners and all existing major investors.
The company intends to use the funds to continue to accelerate the development of the platform, including data validation and unstructured data processing, as well as to build out the partner and channel ecosystem.
Led by Peter Brodsky, CEO, and Charlie Newark-French, COO, Hyperscience provides a date entry automation technology solution to enable businesses to make decisions, and structure their operations. The Platform allows businesses to use a combination of horizontal, stackable blocks and workflows to build vertical solutions that automate business processes, such as claims processing and loans origination. These blocks are purposefully designed document processing functions, such as Classification, Extraction, and Collation, with independent configurability that allow users to convert unstructured input to business outcome.