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HYPR
Passwordless multi-factor authentication platform
- 101-200 employees
- B2B
- SaaS
- Cyber Security
- Cloud Computing
- Garment District, New York, NY
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Company mission
HYPR's mission is to provide passwordless MFA for all.
Our take
Hackers can devastate companies of any size, and passwords are a prime target for these criminals. There has been a significant rise in cyberattacks based on password hacks in recent years, so the necessity for passwordless security has never been greater.
HYPR offers its customers a solution to this threat by providing passwordless authentication. By eliminating passwords, organizations decrease the risk of a cyber-attack, increase positive user experience, and lower operational costs. HYPR's platform reduces account takeover fraud by almost 99%, leading to a ROI of over 300% due to the prevention of expensive leaks and hacks.
Cybersecurity is projected to be a $300 billion industry by 2030. HYPR positions itself strongly against competitors in the market, such as Duo Security and LastPass, by using a decentralized approach. This results in hackers being forced to go device to device to device, rather than attacking millions of accounts in one swoop.
HYPR has raised a significant amount of investment, most recently in a 2022 Series C round. This infusion of cash will help to expand the company's go to market strategy and accelerate its research and development. Having already established itself as a leader in passwordless authentication, with 2 of the US's largest banks among its customers and over 1 billion individual users, it is well poised to capture a growing share of the enterprise cybersecurity market.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Training & Development
- Company Lunch
- Flexible Vacation
- Medical, Dental, and Vision
- Home Office Stipend
- Paid Parental Leave
- Wellness Days & Summer Fridays
- Flexible Work Schedule
- Team Activities
- WFH Opportunities
Company values
- Win as a team
- Win for the customer
- Grit is Grit
Leadership
Roman Kadinsky
(President & Chief Operating Officer)Received a BBA in Finance from Baruch College. Joined FXCM as a Research Intern, before moving to Goldman Sachs in 2010 to work in its IMD Market Risk Analysis division. Moved to the Finance & Strategy team in 2014.