New York startup Hyperscience has raised $60 million from Bessemer Venture Partners to spread the gospel of automation in a time of remote work due to the coronavirus by alexrkonrad
Hyperscience partners with several of those players, including Blue Prism and UiPath, but ultimately it’s competing for the same business: the back-office type work processes that are essential to businesses, especially larger ones, but that don’t contribute to their core product. That can include processing insurance claims and enrollments in programs, mortgage applications and the myriad forms required for confirming, tracking and processing receipts and invoices with business vendors.
With the new funding, Hyperscience, which has 145 employees in offices in New York, Sofia, Bulgaria and London, has now raised $111 million from investors including Tiger Global, Stripes Group, FirstMark, Felicis Ventures and now Bessemer.
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