What is Hyper Labs?
Hyper Labs operates at the intersection of artificial intelligence and enterprise automation. The company specializes in developing sophisticated software that automates the extraction, classification, and processing of data from diverse document types. By replacing manual data entry with high-accuracy machine learning models, Hyper Labs enables organizations to streamline document-heavy workflows and improve operational precision. Its market position is defined by its ability to handle unstructured content at scale, providing a critical infrastructure layer for digital transformation initiatives in highly regulated industries.
How much funding has Hyper Labs raised?
Hyper Labs has raised a total of $280.9M across 5 funding rounds:
Series A
$10.9M
Series B
$30M
Series C
$60M
Series D
$80M
Series E
$100M
Series A (2015): $10.9M with participation from Slow Ventures, FirstMark Capital, and Third Kind Venture Capital
Series B (2019): $30M led by Battery Ventures, TD Ameritrade, FirstMark Capital, Stripes Group, QBE, Felicis Ventures, and Global Founders Funds Management
Series C (2020): $60M supported by 3KVC, FirstMark Capital, Tiger Global, Stripes, Penna & Company, Battery Ventures, Felicis Ventures, Gaingels, and Bessemer Venture Partners
Series D (2020): $80M featuring Tiger Global Management , LLC
Series E (2021): $100M backed by Tiger Global Management, Stripes Group, Bessemer Investment Partners, and Global Founders Capital
Key Investors in Hyper Labs
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Stripes Group
Based in New York City, Stripes is a leading growth equity firm that invests in branded consumer and software companies. For over a decade, Stripes has partnered with market-leading businesses, fueling the next generation of iconic companies with service and resources that make a critical difference.
Bessemer Investment Partners
Bessemer Investment Partners LLC, located in New York, is focused on investing in middle-market businesses to drive growth and create value. BIP differentiates itself by combining the support of a permanent family capital base with a team of experienced private equity professionals.
What's next for Hyper Labs?
With the recent influx of capital, Hyper Labs is expected to prioritize the expansion of its product suite and the deepening of its market penetration. The strategic focus will likely center on enhancing the robustness of its AI models to handle increasingly complex document formats while simultaneously scaling its go-to-market efforts. As the demand for automated document processing continues to rise, the company is poised to leverage its strong investor backing to maintain its competitive edge, potentially exploring new vertical integrations and international market opportunities to sustain its long-term growth trajectory.
See full Hyper Labs company page
