# HYPR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hypr

- Industry: Software
- Headquarters: New York, US
- Website: www.hypr.com
- Total disclosed funding: $117M
- Latest round: Series C (May 27, 2024)
- Investors on record: 14

## About

Founded in 2014 by co-founders Bojan Simic (CEO) and Roman Kadinsky and based in New York, US, HYPR CORP. provides multi-factor authentication with passwordless to stop fraudulent activity that will help employees and customers. In May 2024, Silver Lake raised USD 27.52 million in Series C funding for HYPR Corp.

The company offers a cloud-based identity assurance platform that provides FIDO2-certified passwordless MFA, eliminating reliance on passwords and reducing the risk of phishing attacks. The platform continuously monitors user activity and risk factors to provide real-time security assessments. Additionally, HYPR Affirmn offers automated identity verification for Know Your Employee (KYE) compliance and other identity proofing needs, including biometrics and government-issued IDs, to confirm user identities. HYPR enterprise passkeys enable organizations to deploy and manage FIDO-based passkeys for strong, phishing-resistant authentication. HYPR integrates with various security and identity management systems, allowing for seamless implementation within existing IT infrastructure.   

The company generates revenue by charging for its plans. It charges USD 3 per user per month for its Identity Lifecycle Plus plan, USD 6 per user per month for its Advanced Identity Assurance, and many more.

The company will use the May 2024 funding to support the development and expansion of its solutions.

## Funding rounds

- Series C, May 27, 2024, $28M — Silver Lake
- Series C, Dec 1, 2022, $25M — Advent International, RRE Ventures, Comcast Ventures, .406 Ventures, Top Tier Capital Partners
- Series C, Mar 30, 2021, $35M — RRE Ventures, Advent Venture Partners, Allen & Company, .406 Ventures, Top Tier Capital Partners, Mastercard International Incorporated, Boldstart Ventures, Alumni Ventures Group, Mesh Ventures, Samsung NEXT Ventures
- Series B, Oct 1, 2019, $18M — RRE Ventures, Comcast Ventures, Allen & Company, .406 Ventures, Mastercard International Incorporated, Boldstart Ventures, RTP Global, Alumni Ventures Group, Samsung NEXT Ventures
- Series A, Oct 3, 2017, $8M — RRE Ventures, Boldstart Ventures, RTP Global, Mesh Ventures
- Series A, Sep 28, 2016, $3M — Boldstart Ventures, RTP Global, Mesh Ventures

## Investors

- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Series A, Series B, Series C
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A, Series B
- Mesh Ventures (https://capitalatlas.ai/funds/mesh-ventures) — Series A, Series C
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series A, Series B, Series C
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series B, Series C
- Allen & Company — Series B, Series C
- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series B, Series C
- Mastercard International Incorporated — Series B, Series C
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B, Series C
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B, Series C
- Advent Venture Partners (https://capitalatlas.ai/funds/advent-venture-partners) — Series C
- Top Tier Capital Partners (https://capitalatlas.ai/funds/top-tier-capital-partners) — Series C
- Advent International (https://capitalatlas.ai/funds/advent-international) — Series C
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series C