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.
Funding
$100M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
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.
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.
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