A Cooley-led company that said it automates various business operations, ranging from opening new client accounts to processing mortgages, announced Monday that it scored $80 million in a funding round led by investment adviser Tiger Global.
"2020 has been a year of unprecedented change for our customers, and we've seen 10x increase in platform usage as a result," said Charlie Newark-French, COO, Hyperscience. "We are proud of our recent growth but even more excited about what the future holds. Hyperscience will enable the largest multinational organizations, financial institutions and government agencies to transform operations, rather than put band-aids on existing fragile processes, ultimately resulting in substantially better outcomes for our customers' customers."