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HyperComply
Automatic security reviewer
- 21-100 employees
- B2B
- Artificial Intelligence
- Security
- SaaS
- Cyber Security
- Cloud Computing
- Brampton, ON
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Company mission
To build the trust layer for B2B relationships, and eliminate the need to spend huge amounts of time filling out security questionnaires and tracking third-party security risks.
Our take
Cybercrime is on the rise, and most instances of damage can be traced to third-party suppliers. Vendors and buyers of software must perform diligent security reviews to protect systems and applications, but these processes can take absurd amounts of time. HyperComply’s third-party risk management platform automates the security review process, introducing efficiency to this essential part of business operations.
HyperComply was founded in 2019 to improve and ultimately replace tedious security questionnaires, which eat into productive time and can take weeks or even months to process. With Hypercomply the process is compressed into a few business days, with AI-driven automatic questionnaire responses and dedicated security specialists to check accuracy. There are numerous competitors for the company, but Hypercomply is charting a path less trodden by serving both sides of the equation – sales, and purchasing.
By helping companies shave time from the process of filling in security questionnaires, HyperComply has demonstrated progress towards its final aim of eliminating them entirely. 2022 seed funding was focused on launching their product for the purchasing sphere, so it will be interesting to see where their development heads next.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Team offsites
- Fully remote team
- Healthcare (+ vision and dental)
- Unlimited PTO
- WFH Stipend
- Paid parental leave
Company values
- Big believers in the value of work-life balance
- Big believers in the power of a diverse team
Funding (last 2 of 3 rounds)
Sep 2022
$6.4m
SEED
Jan 2022
$6.4m
SEED
Total funding: $16.4m
This company has top investors
Leadership
Amar Chahal
(CEO)Previously worked at Vidyard. Former Volunteer Clinic Manager at Toronto General Hospital, and graduate of the University of Toronto.
Cody Wright
(CTO)Former Senior Software Engineer at SeatGeek. Previously a Software Developer at Vidyard. Graduate of Queen's University.