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Hyperplane is a venture capital firm founded in 2015 and based in Boston, Massachusetts. The firm was established by Vivjan Myrto and John Murphy, who aimed to support early-stage startups leveraging technology to tackle significant challenges in various industries. Since its inception, Hyperplane has deployed over $100 million across more than 72 companies, with a strong emphasis on applied AI and machine intelligence.
The firm has achieved notable success with over 18 exits totaling more than $825 million. Hyperplane's portfolio follow-on funding has exceeded $1 billion, indicating strong investor confidence in its selected companies. The firm operates with a team of approximately 13 employees across North America and Europe, focusing on sectors such as agtech, AI, healthcare, logistics, and robotics.
Hyperplane's office is located at 137 Newbury St, Hyperplane / Vomisa, 8th Floor, Boston, MA 02116. The firm has established a reputation for leading rounds with check sizes typically ranging from $250,000 to $3 million, with a sweet spot around $1.6 million. Their decision-making process is efficient, typically taking around two weeks.
Hyperplane invests primarily in early-stage companies across several sectors, including AgTech, AI/ML, healthcare, logistics, and robotics. The firm seeks to partner with founders who are committed to innovation and are ready to drive advancements in automation and technology. Their investment strategy emphasizes supporting companies that utilize software, hardware, and AI to create impactful solutions.
The firm has a core conviction that by the end of the decade, the convergence of software, hardware, and AI will enable automation across every industry. Hyperplane specifically targets founders building 'bold, gritty' solutions that address hard technical problems in regulated and complex domains. They focus on sectors such as robotics and automation, enterprise SaaS, healthcare/digital health, agricultural technology, developer tools, logistics/supply chain, and semiconductors.
Hyperplane excludes investments in pure consumer apps, speculative markets without industry roots, non-technical founding teams, and companies lacking founder credibility. This selective approach ensures that they back startups with a strong foundation and potential for significant impact.
Hyperplane's portfolio includes a diverse range of companies across various sectors. Notable portfolio companies include:
In addition to these, Hyperplane has invested in companies like LinkSquares, Butlr, Indico, Farmblox, Indigo Agriculture, BeSound, Elucidata, Flexpa, Kite, Unison, and Dover Microsystems. The firm has achieved over 18 exits, including Numerated, which was acquired by Moody's, and NWO.ai, acquired by Nax Group.
Vivjan Myrto - Founder & Managing Partner. Vivjan has a background as a serial entrepreneur with expertise in AI and machine learning. He has led multiple successful ventures in the tech space.
John Murphy - Co-Founder & Managing Partner. John brings experience from accounting and early venture capital, providing a strong financial foundation for the firm.
Samara Gordon - General Partner. Samara has a diverse background in venture capital and technology, focusing on identifying promising startups.
Rags Gupta - Operating Partner. Rags has extensive experience in operational roles within tech companies, enhancing Hyperplane's support for portfolio firms.
Blake Billiet - Principal. Blake plays a key role in sourcing and evaluating investment opportunities, contributing to the firm's growth strategy.
Christopher Curtis - Vice President, Finance & Portfolio Management. Christopher oversees financial operations and portfolio management, ensuring effective resource allocation.
To pitch Hyperplane, startups should seek a warm introduction through mutual connections. The firm prefers this method for initial outreach. When preparing a pitch deck, founders should include a clear overview of their business model, market opportunity, competitive landscape, and the technology behind their solution. Hyperplane typically responds to pitches within two weeks, so founders should be prepared for a timely follow-up.
In 2024, Hyperplane led a $50 million Series B round for Pickle Robot, focusing on truck-unloading robotics. They also participated in several other funding rounds, including Cephable with $4.6 million in Series Seed funding, Farmblox with $2.5 million in Series Seed funding, and Mudstack with $4 million in Series Seed funding.
Additionally, Hyperplane participated in funding rounds for Butlr ($38 million), Tive ($40 million), GreenEye ($20 million), and Indico ($19 million). These investments reflect Hyperplane's commitment to supporting innovative companies across its focus sectors.
What are Hyperplane's investment criteria?
Hyperplane focuses on early-stage companies in sectors such as AgTech, AI/ML, healthcare, logistics, and robotics. They seek founders who are committed to innovation and tackling complex technical problems.
How can startups apply or pitch to Hyperplane?
Startups are encouraged to seek a warm introduction to Hyperplane. The firm prefers this method for initial contact. They typically respond within two weeks after receiving a pitch.
What makes Hyperplane different from other VC firms?
Hyperplane emphasizes partnerships with founders who are building bold solutions in regulated industries. Their focus on applied AI and machine intelligence sets them apart, as they target sectors that require deep technical expertise.
What is the typical check size for investments?
Hyperplane typically leads rounds with check sizes ranging from $250,000 to $3 million, with a sweet spot around $1.6 million.
What is Hyperplane's geographic scope?
The firm primarily invests in early-stage companies based in the United States, focusing on startups that leverage technology to address significant challenges.
What kind of post-investment involvement does Hyperplane have?
Hyperplane actively supports its portfolio companies through follow-on funding, which has exceeded $1 billion. They also provide operational support and strategic guidance to help companies scale effectively.
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