Hyperscience
Hyperscience is the enterprise AI IDP platform processing high-volume forms, mail, and documents. ~$300M raised; serves Fortune 500 and federal agencies.
Overview
Hyperscience is an enterprise intelligent document processing (IDP) platform for high-volume forms, mail, and other unstructured documents. Where traditional OCR tools handle roughly 80% of cases and leave the rest to manual review, Hyperscience combines machine learning models with active learning and human-in-the-loop verification to push automation above 99% accuracy, including on handwritten and mixed-format forms. It offers both cloud and on-premises deployment, which is a key differentiator for federal agencies and other regulated buyers with data-residency requirements. Founded in 2014 and headquartered in New York City, the company has raised more than $300 million from investors including Tiger Global, Bessemer, and Stripes, and its customers include U.S. federal agencies, major insurance carriers, and banks. It's best suited for organizations processing millions of paper and PDF forms a year, such as claims, applications, tax forms, and government filings, especially those needing accurate handwriting recognition or on-prem compliance.
Details
Raising capital?
CrackTheDeck analyzes your pitch deck before investor meetings — structure, narrative, and fit.
Analyze My Deck →