Failed 2024

    Hyperscience

    Enterprise AI document processing is a crowded market where selling to the government is slow and expensive.

    Founded → Closed

    2014 → 2024

    Funding Raised

    $300M

    Industry

    AI/Enterprise

    Country

    USA

    IdeaProof AI Failure Score

    65/100
    Market Fit RiskBurn Rate RiskFounder Risk
    Market Fit Risk
    50
    Burn Rate Risk
    75
    Founder Risk
    25

    Full Analysis

    Hyperscience raised $300M to automate document processing for enterprises and government agencies using AI. Despite a strong product, the company struggled with long government sales cycles, intense competition from UiPath and Microsoft, and a cost structure built for hypergrowth that never materialized. The company severely downsized in 2024.

    Could This Failure Have Been Prevented?

    IdeaProof's AI validates market demand, competitive positioning, and business model viability in minutes — catching the exact issues that sank Hyperscience.