HYPR
Track on RadarPasswordless authentication & identity verification for workforce access
- Total raised
- $122.1M
- Employees
- 107
- Founded
- 2014
- Momentum
- 32
Cooling
Data updated August 2026
About
About HYPR
At a glance
HYPR is a cybersecurity company specializing in IAM, founded in 2014 and headquartered in Holmdel, United States. It has raised $122.1M in total funding, employs about 107 people, and is privately held.
HYPR provides passwordless authentication and identity verification solutions for workforce and enterprise environments. The company's platform eliminates password-based authentication by using cryptographic methods and biometric verification to secure user access. Their technology addresses authentication vulnerabilities that lead to credential-based breaches and account compromises. The company offers passwordless multi-factor authentication (MFA) that works across endpoints and devices, identity verification capabilities for hiring and onboarding processes, and comprehensive identity assurance throughout the identity lifecycle. HYPR's solutions are designed to prevent threats such as deepfake applicants, credential phishing, and unauthorized access attempts. HYPR serves financial institutions, enterprises, and organizations across various sectors that require strong authentication controls. The platform integrates with existing identity and access management infrastructure to replace traditional password and OTP-based authentication methods. Their approach focuses on eliminating shared secrets and implementing device-bound cryptographic authentication. The company addresses both workforce identity security and the emerging challenge of identity verification during remote hiring processes. Their technology aims to reduce the operational burden of password management while strengthening security posture against credential-based attacks that represent a significant portion of cyber breaches.
Momentum
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Privately held
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FAQ
Frequently asked questions about HYPR
When was HYPR founded?▾
HYPR was founded in 2014.
Where is HYPR headquartered?▾
HYPR is headquartered in Holmdel, United States.
How much funding has HYPR raised?▾
HYPR has raised a total of $122.1M in total funding.
Is HYPR public or private?▾
HYPR is a privately-held company.
How many employees does HYPR have?▾
HYPR has approximately 107 employees.
What does HYPR do?▾
HYPR provides passwordless authentication and identity verification solutions for workforce and enterprise environments. The company's platform eliminates password-based authentication by using cryptographic methods and biometric verification to secure user access. Their technology addresses authent…