HYPR Corp.
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HYPR Corp. - overview
Established
2014
Location
New York, NY-New York, US
Primary Industry
Software
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.
Current Investors
Boldstart Ventures, RTP Global, Mesh Ventures
Primary Industry
Software
Sub Industries
IT Security/Cybersecurity, Systems Management Software, Monitoring & Security Software
Website
www.hypr.com
Verticals
Blockchain, Cloud Computing, Cloud Computing, IoT (Internet of Things)
Company Stage
Series C
Total Amount Raised
Subscriber access only
HYPR Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C | Completed | HYPR Corp. | - | ||||||||
| Series C | Completed | HYPR Corp. | - | ||||||||
| Series C | Completed | HYPR Corp. | - | ||||||||
| Series B | Completed | HYPR Corp. | - | ||||||||
| Series A | Completed | HYPR Corp. | - |
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HYPR Corp. - employee data
HYPR Corp. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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