NYC based middle and back office automation platform has raised a $30m Series B led by Stripes Group.
NEW YORK, Jan. 17, 2019 /PRNewswire/ -- HyperScience, a leading edge machine learning company offering enterprise-grade solutions for automating office work at scale, today announced a $30 million Series B funding round led by Stripes Group, a New York-based growth equity firm with investments in a number of advanced software, data analytics and enterprise technology companies, including Flatiron Health, Sift Science, SPINS and Upwork, among others. Existing investors FirstMark Capital and Felicis Ventures as well as new investors Battery Ventures, Global Founders Fund, TD Ameritrade and QBE also participated in the round, bringing the company's total funding to $50 million. The new round of financing will allow HyperScience to further invest in engineering and product development, sales and marketing, and a rapid expansion of the team across all functions.