We’re proud to announce that Hyperscience is number 599 on the Inc. 5000 List™ of America’s fastest growing private companies. This is the first year that Hyperscience has been ranked. We placed 9th among software companies based in New York City and 43rd among all companies based in New York City.
“We are thrilled to be included on the Inc. 5000 List,” said Peter Brodsky, CEO and co-founder at Hyperscience. “We pride ourselves on developing technology to help our customers streamline their business processes, increase efficiency and boost revenue growth. Doing so has been key to our success over the years. Our continued growth, YTD performance and recent Series C fundraise enables us to continue to deliver innovative solutions to our customers that will power their future growth.”
Since 2016, Hyperscience has achieved over 700 percent revenue growth, which can be attributed to the continued demand for enterprise automation as well as the growing adoption of Intelligent Document Processing [IDP], specifically in the government, financial, insurance and healthcare sectors.
“This is a testament to our team, the product we’ve built and the exceptional value we deliver to customers,” added Charlie Newark-French, COO at Hyperscience. “We help companies turn vast streams of unstructured document data and information into actionable decisions that drive business outcomes. We look forward to building upon this momentum as we continue advancing our product, hiring top talent, and empowering enterprises to transform their operations.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
This recognition comes on the heels of other milestones for Hyperscience, including a $60 million Series C announcement, record results and platform usage, and being named one of Built In NYC’s Best Places to Work.