HYPR Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
121
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$30M
- Investors
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20
HYPR General Information
Description
Developer of a biometric security platform intended to ensure user data is kept private across the Internet of Things. The company's platform eliminates the need for a centralized credential store to reduce the risk of an enterprise breach and decentralizes authentication to ensure that personal credentials such as biometrics, pins, and passwords always remain safe on user desktops and mobile devices, enabling clients to easily access information without any password authentication.
Contact Information
Website
www.hypr.comCorporate Office
- 1001 Avenue of the Americas
- 10th Floor
- New York, NY 10018
- United States
Corporate Office
- 1001 Avenue of the Americas
- 10th Floor
- New York, NY 10018
- United States
HYPR Timeline
HYPR Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | 05-Jun-2024 | $30M | Completed | Generating Revenue | ||
| 9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 8. Later Stage VC (Series C1) | 23-Nov-2022 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 30-Mar-2021 | Completed | Generating Revenue | |||
| 6. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 06-Sep-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Early Stage VC (Series A) | 16-Apr-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 30-Nov-2017 | $3.35M | $6.7M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Sep-2017 | $3.35M | $3.35M | Completed | Generating Revenue |
HYPR Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C Prime | ||||||||
| Series B Prime | ||||||||
| Series A Prime | ||||||||
| Series C1 | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A | 9,668,014 | $0.000001 | $0.08 | $1.06 | $1.06 | 1x | $1.06 | 6.41% |
| Seed | 6,617,520 | $0.000001 | $0.04 | $0.45 | $0.45 | 1x | $0.45 | 4.39% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
HYPR Comparisons
Industry
Financing
Details
HYPR Competitors (17)
One of HYPR’s 17 competitors is 1Kosmos, a Venture Capital-Backed company based in Edison, NJ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 1Kosmos | Venture Capital-Backed | Edison, NJ | ||||
| Veridium (Network Management Software) | Venture Capital-Backed | London, United Kingdom | ||||
| Auth0 | Formerly VC-backed | Bellevue, WA | ||||
| Delinea | Private Equity-Backed | San Francisco, CA | ||||
| Ping Identity | Private Equity-Backed | Denver, CO |
HYPR Patents
HYPR Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12041059-B1 | Device enrollment identity verification | Active | 11-Jul-2023 | ||
| US-12750371-B2 | Device enrollment identity verification | Active | 11-Jul-2023 | ||
| US-20250023874-A1 | Device enrollment identity verification | Active | 11-Jul-2023 | ||
| US-11677547-B1 | Mobile authenticator for performing a role in user authentication | Active | 22-Jul-2022 | ||
| US-20240039707-A1 | Mobile authenticator for performing a role in user authentication | Pending | 22-Jul-2022 | H04L9/0825 |
HYPR Signals
HYPR Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hornblower Group | PE-Backed Company | Minority | ||
| Silver Lake | PE/Buyout | Minority | ||
| Energy Ventures Group | Venture Capital | Minority | ||
| Advent International | PE/Buyout | Minority | ||
| Angel (individual) | Minority |
HYPR Acquisitions (1)
HYPR’s most recent deal was a Merger/Acquisition with ToLocal. The deal was made on 28-Mar-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| ToLocal | 28-Mar-2023 | Merger/Acquisition | Media and Information Services (B2B) |
HYPR Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| ToLocal | San Jose, CA | 2014 |
HYPR FAQs
-
When was HYPR founded?
HYPR was founded in 2014.
-
Where is HYPR headquartered?
HYPR is headquartered in New York, NY.
-
What is the size of HYPR?
HYPR has 121 total employees.
-
What industry is HYPR in?
HYPR’s primary industry is Network Management Software.
-
Is HYPR a private or public company?
HYPR is a Private company.
-
What is HYPR’s current revenue?
The current revenue for HYPR is .
-
How much funding has HYPR raised over time?
HYPR has raised $128M.
-
Who are HYPR’s investors?
Hornblower Group, Silver Lake, Energy Ventures Group, Advent International, and are 5 of 20 investors who have invested in HYPR.
-
Who are HYPR’s competitors?
1Kosmos, Veridium (Network Management Software), Auth0, Delinea, and Ping Identity are some of the 17 competitors of HYPR.
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