Hyperscience

About Hyperscience

Hyperscience is an intelligent document-processing platform that utilizes machine learning to automate the extraction and validation of data from various document types, achieving over 96% accuracy and 99% automation. The platform addresses the inefficiencies in manual document processing, enabling enterprises to significantly reduce turnaround times and operational costs.

```xml <problem> Many organizations still rely on manual processes for extracting and validating data from documents, leading to inefficiencies, delays, and increased operational costs. Traditional methods struggle to handle the variety and complexity of document types, resulting in errors and hindering automation efforts. </problem> <solution> Hyperscience offers an intelligent document processing (IDP) platform that leverages machine learning to automate data extraction and validation from diverse document formats. The platform combines machine learning with human oversight to achieve high levels of accuracy and automation. By automating these processes, Hyperscience enables enterprises to reduce turnaround times, minimize errors, and significantly lower operational costs associated with manual document handling. The platform's adaptive AI learns from data, improving accuracy and efficiency over time. </solution> <features> - Machine learning-powered data extraction from various document types - Automated data validation to ensure accuracy and compliance - Adaptive AI that learns from data to improve performance - End-to-end process automation for document-centric workflows - Integration with existing systems and applications via APIs - Real-time data insights and analytics for process optimization - FedRAMP High Authorization </features> <target_audience> Hyperscience targets enterprises across various industries, including financial services, insurance, government, and healthcare, that process large volumes of documents and seek to automate their document-centric workflows. </target_audience> ```

What does Hyperscience do?

Hyperscience is an intelligent document-processing platform that utilizes machine learning to automate the extraction and validation of data from various document types, achieving over 96% accuracy and 99% automation. The platform addresses the inefficiencies in manual document processing, enabling enterprises to significantly reduce turnaround times and operational costs.

Where is Hyperscience located?

Hyperscience is based in City of New York, United States.

When was Hyperscience founded?

Hyperscience was founded in 2014.

How much funding has Hyperscience raised?

Hyperscience has raised 100000000.

Location
City of New York, United States
Founded
2014
Funding
100000000
Employees
251 employees
Major Investors
Global Founders Capital, Bessemer Venture Partners

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Hyperscience

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Executive Summary

Hyperscience is an intelligent document-processing platform that utilizes machine learning to automate the extraction and validation of data from various document types, achieving over 96% accuracy and 99% automation. The platform addresses the inefficiencies in manual document processing, enabling enterprises to significantly reduce turnaround times and operational costs.

hyperscience.com20K+
cb
Crunchbase
Founded 2014City of New York, United States

Funding

$

Estimated Funding

$100M+

Major Investors

Global Founders Capital, Bessemer Venture Partners

Team (250+)

No team information available.

Company Description

Problem

Many organizations still rely on manual processes for extracting and validating data from documents, leading to inefficiencies, delays, and increased operational costs. Traditional methods struggle to handle the variety and complexity of document types, resulting in errors and hindering automation efforts.

Solution

Hyperscience offers an intelligent document processing (IDP) platform that leverages machine learning to automate data extraction and validation from diverse document formats. The platform combines machine learning with human oversight to achieve high levels of accuracy and automation. By automating these processes, Hyperscience enables enterprises to reduce turnaround times, minimize errors, and significantly lower operational costs associated with manual document handling. The platform's adaptive AI learns from data, improving accuracy and efficiency over time.

Features

Machine learning-powered data extraction from various document types

Automated data validation to ensure accuracy and compliance

Adaptive AI that learns from data to improve performance

End-to-end process automation for document-centric workflows

Integration with existing systems and applications via APIs

Real-time data insights and analytics for process optimization

FedRAMP High Authorization

Target Audience

Hyperscience targets enterprises across various industries, including financial services, insurance, government, and healthcare, that process large volumes of documents and seek to automate their document-centric workflows.

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