Penna and Company contributed to a round that lifted the total raised by the QBE and TD Ameritrade-backed enterprise automation software provider to $111m.

HyperScience, a US-based workplace automation technology developer backed by insurer QBE and retail brokerage firm TD Ameritrade, secured $60m in series C funding yesterday.

The round was led by venture capital firm Bessemer Venture Partners and included consulting firm Penna and Company as well as Tiger Global Management, Gaingels, Stripes Group, FirstMark Capital, Battery Ventures, Felicis Ventures and 3KVC.

Founded in 2014, HyperScience has built a software platform that relies on machine learning technology to extract information from printed and…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.