On September 8, 2022, HyperComply announced that in January of this year, it had raised US$6.4 million in an equity seed financing led by Golden Ventures and FirstMark Capital with participation from Garage Capital and Panache Ventures. With this funding, HyperComply fuels the launch of its new Due Diligence Product, a tool for procurement teams to automate and track security questionnaires.
HyperComply is a Toronto-based software company that develops AI and automated security questionnaires for companies with the purpose of accelerating due diligence and trust between teams.
Osler, Hoskin & Harcourt LLP advised HyperComply with a team consisting of Chad Bayne, Jeremy Lin, and Ferial Fekri (Emerging and High Growth Companies).