HYPR is a passwordless Multi-factor authentication (MFA) platform that boosts authentication from the organization’s identity providers and eliminates the traditional trade-off between security and user experience by providing uncompromising assurance and consumer-grade experience.

HYPR's approach shifts the economics of attack and risk in the enterprises' favor by replacing password-based MFA with Passwordless MFA.

HYPR was founded in 2014 by George Avetisov, Roman Kadinsky and Bojan Simic. The company is headquartered in New York City, with teams in Boston, San Diego, London, Munich and Tokyo.

 

HYPR’s True Passwordless™ MFA platform decouples authentication from the organization’s identity providers and eliminates the traditional trade-off between security and user experience by providing uncompromising assurance and consumer-grade experience.

 

HYPR is the first Authentication Platform designed to eliminate passwords and shared secrets – effectively removing the hackers’ primary target while eliminating fraud, phishing and credential reuse for consumers and employees across the enterprise.

 

Hypr has deployed its phishing-resistant MFA to millions of users across a growing customer base of companies such as Mastercard, Aetna, Rakuten, First Citrus Bank, T-Mobile,  Norwegian Airlines, Point72, CVS Health, and others.

 

HYPR is backed by Advent International, RRE Ventures, .406 Ventures, BoldStart, Comcast Ventures, Top Tier Capital, MESH, Alumni Ventures Group, and others. The company raised $25M in a Series C1 round on Dec 01, 2022. This brings HYPR's total funding to $92.1M to date.

 

 

  • Year founded: 2014
  • Funding Info: $92.1M over 5 Rounds (Latest Funding Type: Series C1)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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