![]() Hyperscience's technology has evolved through Software-Defined Management ( SDM) principles, which deliver horizontal, end-to-end automation, and challenge existing enterprise automation approaches. "With our world-class team and this recent raise, Hyperscience is on track to become a global leader in business automation." "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. Without fixing these underlying processes, effective automation is impossible," said Peter Brodsky, Hyperscience's CEO and co-founder.Ĭlients who choose Hyperscience are using the company's automation technology to completely revamp how they use data, make business decisions, and structure their operations. "The glaring problem with legacy technology is that it builds upon broken business processes. Hyperscience's technology automates 95% of data entry with over 99.5% accuracy, far surpassing the average industry accuracy rate which hovers around 55%. Many software companies promise to automate manual processes, but struggle to do so reliably, efficiently and at scale. 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." "With the constantly moving business landscape, Hyperscience is well-positioned to advance automation and overcome the limitations of legacy technology approaches. ![]() "The ground beneath the feet of technology leaders has forever changed," said John Curtius, Partner, Tiger Global. The capital infusion follows Hyperscience's $60 million Series C funding announced in June 2020, which came on the heels of 3x year-over-year revenue growth. "The $80M Series D capital infusion follows Hyperscience's $60 million Series C funding announced in June 2020." ![]() Bessemer Venture Partners and all existing major investors participated in the round, reaffirming their support of the company's vision to transform business processes through Software-Defined Management. 19, 2020 /PRNewswire/ - Hyperscience, the automation company, today announced its $80M Series D financing round led by Tiger Global, with participation from new investor BOND, bringing the company's total funding to $190 million. Our industry-leading machine learning technology continuously learns and evolves, to involve humans only when needed.NEW YORK, Oct. By combining data, people, and processes into digital assembly lines, the Hyperscience Platform turns complex processes into simple, configurable workflows. ![]() Our human-centered approach to automation enables a new era of human and machine collaboration that delivers dramatically improved organizational agility, without the legacy cost and burden of change management. Hyperscience is transforming the future of work to elevate human potential. “This infusion of capital will help us support more languages geographically, as well as different types of content and modalities beyond just language, such as voice and images.”įor more information, visit. “The rise in unstructured data has created a rapidly growing gap between strategic questions and quick answers along the decision-making process,” said Peter Brodsky, CEO of Hyperscience. With machine learning and its proprietary human-in-the-loop functionality at its core, Hyperscience delivers automation that more easily adapts to business changes and evolving market dynamics-without the traditionally high cost of change management. This latest investment, on the heels of Hyperscience’s first acquisition, underscores growing interest in the company’s deeply human-centric approach that turns antiquated business processes into digital assembly lines, combining data, people, and processes. The new round of investment enables Hyperscience, with nearly 400 global employees-a 72% increase year-over-year-to further invest in talent and R&D, both organically and through acquisition. NEW YORK – DecemHyperscience, the human centered automation company, today announced it raised $100 million in Series E funding led by existing investors Global Founders Capital, Tiger, Stripes, and Bessemer. Investment underscores the company’s category-creating human-centered approach to automation
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