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HYPERSCIENCE

AI infrastructure for intelligent document processing -- turning complex documents into structured, actionable data at enterprise scale.

Document Management Growth Series C+
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Overview

Hyperscience is an enterprise AI infrastructure software company specializing in intelligent document processing (IDP) and automation for regulated industries. Founded in 2014 and headquartered in New York, the company builds software that extracts, classifies, and validates data from structured and semi-structured documents with 99.5% accuracy and 98% automation rates. Its Hypercell platform is designed to eliminate manual data entry and accelerate document-intensive workflows across insurance, financial services, healthcare, government, and logistics sectors.

In insurance, Hyperscience targets the full policy lifecycle -- claims processing, underwriting data collection, policy administration, enrollment, and fraud detection. The platform integrates directly with leading core systems including Guidewire, Duck Creek, Applied Epic, Sapiens, and Vertafore AMS360. Hyperscience is recognized as a market leader in IDP by six tier-one analysts: Gartner, Forrester, GigaOm, IDC, ISG, and Everest Group, and was named a Leader in the inaugural 2025 Gartner Magic Quadrant for Intelligent Document Processing Solutions.

The company has raised USD 439 million across nine funding rounds and serves Fortune 500 enterprises, major insurance carriers, and large government agencies including the US Social Security Administration and US Department of Veterans Affairs. Hyperscience achieved FedRAMP High authorization, enabling deployments in high-security government environments.

Products & Services

Hypercell Platform

AI-native automation platform for end-to-end document processing and workflow automation.

Key Features

  • Document classification and data extraction with 99.5% accuracy
  • 98% automation of document-intensive workflows
  • API-first architecture for seamless system integration
  • Processes billions of documents across enterprise deployments
  • FedRAMP High authorized for government-grade security

Target Users: Insurance carriers, financial institutions, government agencies, healthcare organizations

Hypercell for Insurance

Insurance-specific automation modules built on the Hypercell platform.

Key Features

  • Claims processing: automated validation and data extraction for FNOL and claims intake
  • Underwriting: automated data collection and risk assessment from submissions
  • Policy administration: workflow automation for policy changes, renewals, and endorsements
  • Fraud detection: automated analysis of claim documents for anomalies
  • Enrollment and member onboarding: benefit processing automation

Target Users: P&C carriers, life and health insurers, reinsurers, commercial lines underwriters

Optical Reasoning and Cognition Agent (ORCA)

Next-generation Vision-Language Model for complex document understanding launched in 2024.

Key Features

  • Advanced reasoning over complex, unstructured document layouts
  • Handles handwritten notes, mixed formats, and low-quality scans
  • Domain-specific training for insurance document types
  • Reduces exception handling for edge-case documents

Target Users: Enterprise document operations teams

Hypercell for GenAI

Data preparation pipeline for AI and LLM model training use cases.

Key Features

  • Structured data extraction from unstructured document corpora
  • Clean, labeled datasets for downstream AI model training
  • Supports enterprise AI transformation initiatives

Target Users: Enterprise AI and data science teams

At a Glance

Founded
2014
Headquarters
New York, NY
Employees
201-500
Funding
Series C+

Category & Focus

Category
Document Management
Subcategories
Intelligent Document Processing AI Automation Data Extraction OCR/AI
Insurance Verticals
Life & Annuity P&C Commercial Health Group Benefits Reinsurance
Target Customers
Carriers, Brokers, MGAs/MGUs, TPAs

Customers

  • QBE
  • Irish Life Health
  • Canada Life
  • Federated Insurance
  • Great American Insurance Group
  • Mercury Insurance
  • Mutual of Omaha
  • MetLife
  • American Express
  • Charles Schwab
  • Stryker
  • Volkswagen
  • US Social Security Administration
  • US Department of Veterans Affairs
  • California Department of Corrections
  • Missouri Department of Social Services
  • HM Revenue and Customs (UK)

Last updated: 2026-05-16