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HyperVerge - About the company

HyperVerge is a seed company based in Bengaluru (India), founded in 2014 by Kishore Natarajan, Kedar Nitinchandra Kulkarni, Praveen Kumar, Saivenkatesh Ashokkumar and Vignesh Krishnakumar. It operates as a Provider of end-to-end KYC software and identity verification solutions. HyperVerge has raised $1.55M in funding from investors like New Enterprise Associates, Naya Ventures and Milliways Ventures. The company has 196 active competitors, including 45 funded and 12 that have exited. Its top competitors include companies like M2P Fintech, Jumio and Digio.

Company Details

Provider of end-to-end KYC software and identity verification solutions. The company offers a platform to launch onboarding journeys, while remaining compliant. It provides modules, APIs, a no-code workflow builder, analytics dashboard, and integrations marketplace. The company's services include identity verification, video KYC, OCR software, face authentication, and anti-money laundering. It also offers solutions for digital KYC stack, KYB/entity verification, financial data validation, onboarding face validations, AML, and digital signature.
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Email ID
*****@hyperverge.co
Registered Address
No.03 A2 Third Floor IITM Research Park Kanagam Road Taramani, Chennai, Tamil Nadu, India, 600113
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.55M in 3 rounds
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
392 as on Sep 30, 2026
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HyperVerge's funding and investors

HyperVerge has raised a total funding of $1.55M over 3 rounds. Its first funding round was on Oct 06, 2014. Its latest funding round was a Grant (prize money) round on Aug 18, 2015 for $*****. 1 investor participated in its latest round. HyperVerge has 8 institutional investors.

Here is the list of recent funding rounds of HyperVerge:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 18, 2015
8622284
Grant (prize money)
6680913
7502699
5752482
9195197
Aug 18, 2015
9179540
Seed
8451906
4032483
7502388
Oct 06, 2014
8569788
Seed
1509369
9482387
5020392
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HyperVerge's founders and board of directors

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Here are the details of HyperVerge's key team members:

HyperVerge's Board of Directors

HyperVerge's board has 3 active members. Kishore Natarajan, Kedar Nitinchandra Kulkarni and Vignesh Krishnakumar are part of team.
Here is the list of HyperVerge's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
12y 8m
Team
-
Current
12y 9m
Team
-
Current
12y 9m

HyperVerge's employee count trend

HyperVerge has 392 employees as of Sep 26. Here is HyperVerge's employee count trend over the years:
Employee count trend for HyperVerge
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HyperVerge's Competitors and alternates

Top competitors of HyperVerge include M2P Fintech, Jumio and Digio. Here is the list of Top 10 competitors of HyperVerge, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
2nd
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$201M
73/100
3rd
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
72/100
4th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$85.4M
71/100
5th
Logo for Mantra Softech
Mantra Softech
2006, Ahmedabad (India), Series A
Biometrics-based security and surveillance solutions
$14.2M
70/100
6th
Logo for NICE Actimize
NICE Actimize
1999, Hoboken (United States), Acquired
Provider of AI-driven anti-money laundering and fraud detection solutions
$24M
70/100
7th
Logo for Equal
Equal
2022, Hyderabad (India), Series B
Operator of a platform providing data sharing and verification services
$42M
69/100
8th
Logo for HyperVerge
HyperVerge
2014, Bengaluru (India), Seed
Provider of end-to-end KYC software and identity verification solutions
$1.55M
70/100
9th
Logo for Setu
Setu
2018, Bengaluru (India), Acquired
Provider of APIs and platforms for data, KYC, and payments
$18.5M
68/100
10th
Logo for Decentro
Decentro
2020, Gurugram (India), Series B
Provider of API platform offering banking integration solutions for fintech companies
$8.19M
67/100
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HyperVerge's Investments and acquisitions

HyperVerge has made no investments or acquisitions yet.

Reports related to HyperVerge

Here is the latest report on HyperVerge's geography:

News related to HyperVerge

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Media has covered HyperVerge for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
HyperVerge: The Complete ID Verification & AML SolutionTechnologymagazine•Jul 13, 2022•HyperVerge
•
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