HyperScience Receives $30 Million From Investors

Founded in Bulgaria developer of software products and services HyperScience has attracted 30 million investment. This is the last round of funding for the company, founded in 2013 by Peter Brodsky, Krassimir Marinov and Vladimir Tsankov. With it, total investments in HyperScience exceed $ 50 million, according to Tranding Topics.

From the developer’s management, they will use the attracted capital to expand their team to their offices in Sofia and New York. HyperScience products are primarily designed to make it easier for companies to handle different documents. Their goal is to facilitate some of the administrative processes for the business. They allow the extraction of handwritten and printed documents, for example. Among the main clients of the company are companies from the financial sector, insurance, healthcare and others. One of HyperScience’s largest partners is the US division of QBE Insurance’s international insurance group. HyperScience was founded by Brodsky, Marinov and Tsankov in the United States in 2013. Soon after, the company already has offices in the US and Bulgaria. This one in Sofia deals with the development of the main products offered by the company. Globally, its employees are 60, with half of them working in our country. The revenues of the Bulgarian subdivision for 2017 amounted to 2.3 million euros.

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