Hyperscience is proud to join a select group of 12 artificial intelligence and big data companies participating in Dcode Accelerate, which helps emerging tech companies scale in the federal market successfully. Over the course of 10 weeks, Hyperscience will work closely with Dcode to refine its federal strategy and connect with hundreds of key government and industry leaders.
Dcode Accelerate brings emerging tech solutions from the private sector to government missions. Dcode selected Hyperscience out of hundreds of applications through a rigorous vetting process.
“Some of the world’s largest government agencies are already choosing Hyperscience to automate document processing and data extraction,” said Charlie Newark-French, Chief Operating Officer at Hyperscience. “We’re seeing increased demand for our solution within the federal space, and we’re thrilled to join Dcode Accelerate to help more organizations leverage the power of automation to transform how they think about work and perform tasks to better serve their constituents.”
Hyperscience joins this esteemed group of AI and big data companies that collectively have raised over $275 million in venture capital funding. Dcode will host briefings, roundtables, and receptions for both government and industry stakeholders to introduce Hyperscience to relevant agency programs and prime contractors.
“We’re seeing continued interest from the government for the types of solutions that these companies offer, but simply finding a bunch of private sector companies is not enough. We source and vet tech companies rigorously to make sure they will actually be able to succeed in the federal market, and that is what excites us about the companies we work with,” said Meagan Metzger, CEO at Dcode.
Hyperscience achieved record growth last year, including raising $30M in Series B funding, tripling its customer base, expanding its partner ecosystem, and doubling its team. Hyperscience’s proprietary platform uses cutting-edge Machine Learning technologies to classify and extract data from diverse document types with unprecedented levels of accuracy and automation.
“Our solution reduces the costs and errors associated with manual entry and enables organizations to get back to constituents faster and more reliably, often resulting in more timely delivery of critical services,” added Bill Strogis, Vice President of Worldwide Sales at Hyperscience. “We’re tackling a $60 billion problem, and I look forward to working alongside Rob Sewell, our seasoned account executive, and Dcode to help more and more government organizations automate mission-critical processes.”