What is Hypr?
Hypr operates as the Identity Assurance Company, delivering a comprehensive suite of tools designed to secure the identity lifecycle. By integrating advanced passwordless authentication with adaptive risk mitigation and automated identity verification, the firm addresses the inherent vulnerabilities of traditional credential-based systems. The platform is engineered for rapid deployment at scale, offering a seamless user experience that has been validated with a 324% ROI. Hypr serves as a foundational layer for organizations seeking to eliminate credential-based attacks while maintaining operational efficiency across diverse and complex IT ecosystems.
How much funding has Hypr raised?
Hypr has raised a total of $87.3M across 5 funding rounds:
Series A
$8M
Series B
$18.3M
Debt
$1M
Series C
$35M
Series C
$25M
Series A (2017): $8M with participation from RTP Ventures, BoldStart Ventures, RRE Ventures LLC., and Mesh Ventures
Series B (2019): $18.3M led by Boldstart Ventures, Comcast Ventures, RRE Ventures, Mastercard, Triphammer Ventures, RTP Ventures, Samsung NEXT, Allen & Co., and .406 Ventures
Debt (2020): $1M supported by PPP
Series C (2021): $35M featuring Advent Technology Group and Allen & Company
Series C (2022): $25M backed by .406 Ventures, Top Tier Capital Partners, Advent, RRE Ventures, and Comcast Ventures
Key Investors in Hypr
.406 Ventures
.406 Ventures is a venture capital firm that partners with early-stage companies demonstrating home run potential, particularly in the fields of healthcare, data and AI, and cybersecurity.
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey, focusing on long-term partnerships with entrepreneurs.
Comcast Ventures
Comcast Ventures is the venture capital affiliate of Comcast Corporation, focusing on investing in consumer, enterprise, and frontier technology companies.
What's next for Hypr?
The recent strategic financing positions Hypr to accelerate its product roadmap and expand its footprint in the global cybersecurity market. As enterprises increasingly shift toward zero-trust architectures, Hypr is well-positioned to capitalize on the transition away from legacy authentication methods. Future growth will likely focus on deepening integration capabilities with existing security stacks and scaling its adaptive risk mitigation engine to meet the evolving threat landscape. By leveraging its strong investor backing, the company is poised to solidify its leadership in the identity assurance space, driving further adoption of its passwordless solutions among large-scale, high-security organizations.
See full Hypr company page
