HyperVerge - About the company
HyperVerge is a seed company based in Bengaluru (India), founded in 2014 by Kishore Natarajan, Kedar Kulkarni, Vignesh Krishnakumar, Saivenkatesh Ashokkumar and Praveen Kumar. It operates as a Provider of end-to-end KYC software and identity verification solutions. HyperVerge has raised $1M in funding from investors like New Enterprise Associates, Naya Ventures and Milliways Ventures. The company has 999 active competitors, including 210 funded and 117 that have exited. Its top competitors include companies like Jumio, Idfy and IDnow.
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.
- Website
- hyperverge.co
- Social
- 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
$1M in 1 round
Latest Funding Round
Investors
Ranked
8th among 999 active competitors
Annual Revenue
₹149Cr as on Mar 31, 2025
Employee Count
395 as on Mar 31, 2026
Legal entities associated with HyperVerge
HyperVerge is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HYPERVERGE, INC. CIN: 5574128 , United States, Active | Jul 22, 2014 | - | - | - |
HYPERVERGE, INC. CIN: 32068165425 , United States, Active | Aug 23, 2018 | - | - | - |
HYPERVERGE TECHNOLOGIES PRIVATE LIMITED CIN: U72400TN2013PTC094387 , India, Active | Dec 30, 2013 | $17.6M (As on Mar 31, 2025) | 273 (As on Feb 28, 2026) |
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HyperVerge's funding and investors
HyperVerge has raised a total funding of $1M over 1 round. Its latest funding round was a Seed round on Aug 18, 2015 for $*****. 4 investors participated in its latest round. HyperVerge has 7 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 | 4898844 | Seed | 5332724 | 5587878 | 2685302 | 2528044 |
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HyperVerge's founders and board of directors
Founder? Claim ProfileThe founders of HyperVerge are Kishore Natarajan, Kedar Kulkarni, Vignesh Krishnakumar, Saivenkatesh Ashokkumar and Praveen Kumar. Kedar Kulkarni is the CEO of HyperVerge.
Here are the details of HyperVerge's key team members:
- Kishore Natarajan: Co-Founder of HyperVerge and founder of 3 other companies, HyperStart, Magic Share and HyperVerge. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Kedar Kulkarni: Co-Founder & CEO of HyperVerge and founder of 2 other companies, HyperStart and Magic Share. They serve on the board of 1 company.Contact Info: 1 phone number
- Vignesh Krishnakumar: Co-Founder & CTO of HyperVerge. They serve on the board of 1 company.Contact Info: 1 phone number
- Saivenkatesh Ashokkumar: Co-Founder of HyperVerge and founder of 2 other companies, HyperStart and Magic Share. Contact Info: 1 phone number
- Praveen Kumar: Co-Founder of HyperVerge and founder of 2 other companies, HyperStart and Magic Share. Contact Info: 1 phone number
View details of HyperVerge's Founder profiles and Board Members
HyperVerge's employee count trend
HyperVerge has 395 employees as of Mar 26. Here is HyperVerge's employee count trend over the years:
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HyperVerge's Competitors and alternates
Top competitors of HyperVerge include Jumio, Idfy and IDnow. Here is the list of Top 10 competitors of HyperVerge, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 77/100 | |
2nd | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
3rd | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
4th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
5th | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
6th | Onfido 2012, London (United Kingdom), Acquired | Provider of identity verification solutions, including document and biometric authentication | $242M | 71/100 | |
7th | Mantra Softech 2006, Ahmedabad (India), Series A | Biometrics-based security and surveillance solutions | $14.2M | 70/100 | |
8th |  HyperVerge 2014, Bengaluru (India), Seed | Provider of end-to-end KYC software and identity verification solutions | $1M | 68/100 | |
9th | Cloud based KYC and AML management software | $181M | 70/100 | ||
10th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 |
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HyperVerge's Investments and acquisitions
HyperVerge has made no investments or acquisitions yet.
News related to HyperVerge
Filter this listMedia 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.
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HyperVerge only selfie biometrics provider to meet all RIVTD Track 2 benchmarksBiometricUpdate.com•Aug 29, 2024•HyperVerge
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HyperVerge Becomes Sole Company to Meet All DHS RIVTD Track 2 Benchmarks for Selfie-ID MatchBusiness Wire•Aug 28, 2024•HyperVerge
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Dallas Venture Capital raises separate India fund of $50 mnVCCircle•May 25, 2022•Dallas Venture Capital, CoreStack, Kore, Altia and 2 others
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Hyperverge impresses in NIST biometric identification, Paperless Travel testsBiometricUpdate.com•Feb 04, 2022•HyperVerge
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Airbus’ UP42 partners with Indian startup HyperVerge for AI-based satellite imagery analyticsGeospatial World•Aug 19, 2021•HyperVerge, UP42, Airbus
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