Hypermine
Hypermine is a Bengaluru-based digital identity company building blockchain-based Self-Sovereign Identity infrastructure for payments, education, government, Web3, travel/ticketing, and enterprise data clients, offering KYC, biometric verification, and AI-assisted compliance automation.
- Company typePrivate
- Founded2017
- HeadquartersBengaluru, India
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Hypermine does
Hypermine is a Bengaluru-headquartered digital identity company that builds blockchain-based Self-Sovereign Identity (SSI) infrastructure compliant with W3C standards for Decentralized Identifiers and Verifiable Credentials. The company targets organizations in payments and fintech, education, government, Web3, travel and ticketing, and enterprise data, providing tools to verify digital identities, issue tamper-evident credentials, and automate KYC/AML/KYB compliance. Operations span offices in Bengaluru (headquarters), Dubai (regional headquarters), Kuwait, and Munich, with active deployments across 15 countries.
The company's product architecture rests on a private identity blockchain (Entity Network) optimized for identity workloads with up to 10,000 TPS and sub-five-second finality, paired with a Self-Sovereign Data Suite (Entity Studio) that manages credential lifecycle, custom schemas, and multi-tenant deployments. On this foundation, Hypermine layers modular products: IDCore for AI-assisted biometric verification (face matching, liveness detection, document OCR, vector analysis); a Compliance Automation Suite covering KYC/KYB/KYT across 160+ jurisdictions; EIKO, an AI-driven Web3 growth engine combining a KOL network, quest engine, and proof-of-humanity passport; and an Enterprise Intelligence Engine deploying secure AI agents with role-based access control, natively integrated with Microsoft 365. The portfolio is packaged into six industry solutions spanning the verticals above.
Hypermine generates revenue through SaaS/platform subscriptions, usage-based API and SDK licensing, credential monetization fees paid when third parties verify issued credentials, and professional services covering integration, custom development, and digital transformation. The go-to-market combines enterprise field sales (Calendly-based demos, dedicated sales email) with API-first developer self-service (SDKs for JavaScript, iOS, Android, and web; a public playground; open-source GitHub repositories). The company reports 30-40+ active clients, 4M+ API calls served, 120,000+ verifiable credentials issued, and a 95%+ verification success rate, while noting $5M+ in cumulative project values and customer outcomes including 70-85% verification cost reductions and 25-90% fraud reductions across verticals. Pricing is quote-based with no public tiers disclosed.
Hypermine firmographics
Firmographics- Name
- Hypermine
- Legal name
- Hypermine
- Website
- https://hypermine.co
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Hypermine is a Bengaluru-based digital identity company building blockchain-based Self-Sovereign Identity infrastructure for payments, education, government, Web3, travel/ticketing, and enterprise data clients, offering KYC, biometric verification, and AI-assisted compliance automation.
- Ownership category
- akta.pro rank
Hypermine industry classification
Industry- Product category
- Digital Identity Infrastructure
- NAICS
- Security Systems Services (except Locksmiths) (561621), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC)
- akta.pro secondary industries
- Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), KYC/KYB Identity Verification & Onboarding (FSADALAA), Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Cross-Chain Identity & Naming (multi-chain DID, ENS cross-chain resolution) (FSAPAKAH), Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI)
Keywords
Where Hypermine is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Hypermine business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- SaaS/Platform Subscriptions: Subscription-based access to SSI infrastructure, compliance automation, and verification tools. Includes hosted API access for those who don't want to manage their own nodes.
- API/SDK Licensing: Usage-based API calls for identity verification, credential issuance, and compliance checks. Fixed, gas-independent costs per DID, schema, and VC operation on the blockchain network.
- Credential Monetization: Issuers can integrate credential workflows and earn each time a third party verifies a credential, creating a monetization opportunity for credential issuers.
- Professional Services: Consulting and implementation services including Strategy Consulting, Digital Transformation, Vulnerability & Threat Analysis, Upgrades & Scalability, Custom Integrations, and Application Design & Development.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Hypermine product offering
Product offeringCore offering
Hypermine builds a W3C-compliant blockchain-based Self-Sovereign Identity (SSI) platform for digital trust, offering reusable KYC/KYB/KYT credentials, AI-powered entity verification, and compliance automation for enterprises across payments, education, government, travel, and Web3 sectors.
Product overview
Hypermine offers a platform-plus-modules architecture centered on Digital-Trust Systems. The core technology stack includes the Blockchain Network (private identity blockchain built on W3C DID standards) and the Self Sovereign Data Suite (Entity Studio) for credential lifecycle management. These core capabilities power six specialized technology modules: Smart Verification Tools (IDCore) for AI-powered identity verification with biometrics and document OCR; Compliance Automation Suite for KYC/KYB/KYT workflows; Web3 Growth Engine (EIKO) for user acquisition; and Enterprise Intelligence Engine (Role Aware AI Agents) for enterprise knowledge retrieval. The product portfolio spans six industry-specific solutions (Payments & Fintech, Education, Government, Enterprise Data, Travel & Ticketing, and Web3) that leverage these underlying technology modules. The architecture emphasizes privacy by design, verifiable credentials, and user-centric data control across all offerings.
Differentiator
Problem solved
Functional benefit
Brands
- Eiko: AI-powered Web3 Growth Engine for user acquisition and community engagement through verifiable quests, influencer outreach, and fraud-proof engagement systems.
- Entity Network
- Entity Studio
- Enterprise Intelligence Engine (EIE)
- IDCore
- Eiko
Quantifiable outcome
- 70-85% cost reduction in digital trust and verification
- +16 more outcomes
Companies that use Hypermine
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles5 records
Hypermine technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability10 records
Feature6 records
Hypermine partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- German AcceleratorcoreSupported by German Accelerator program which provides access to German and European markets, mentorship, and network expansion for startups.
- PwCcoreSupported by PwC providing credibility and potential advisory relationships for enterprise deployments.
- Startup VerbandminorGerman startup association providing network and visibility in the German-speaking startup ecosystem.
- Both of UsminorStartup support program providing mentorship and resources for early-stage companies.
- Start2minorStartup support and acceleration program.
- Microsoft 365coreNative integrations with Microsoft 365 (Teams, Mail, SharePoint) for Enterprise Intelligence Engine. Pulls metadata and content securely without mass migrations.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Hypermine competitors and assessment
Company assessmentDirect peers
- Civic: Civic provides blockchain-based decentralized identity and reusable KYC/identity verification tools (Civic Pass) for Web3 and enterprise consumers. It overlaps directly with Hypermine's SSI, KYC and Web3 onboarding use cases.
- Trinsic: Trinsic offers an SSI platform (Trinsic Wallet, Trinsic Cloud, Trinsic Studio) for issuing and verifying W3C-compliant verifiable credentials. It is a near-direct functional competitor to Hypermine's Entity Studio.
- Sumsub: Sumsub is a leading KYC/AML/KYB and identity verification platform for fintech, crypto and Web3, with global coverage similar to Hypermine's Compliance Automation Suite. It is the most direct large-scale competitor in Hypermine's primary segment.
- Indicio: Indico (Indicio) builds open-source SSI and verifiable credential infrastructure targeted at government, travel, and enterprise use cases — closely mirroring Hypermine's Government and Travel & Ticketing solutions.
- Dock: Dock provides a verifiable credentials and digital identity platform with strong Web3 and certification credentials. It overlaps with Hypermine's credential issuance, monetization and Web3 solution positioning.
- Persona: Persona is an AI-powered identity verification and KYC platform serving fintechs, crypto and online businesses. It directly competes with Hypermine's IDCore biometric verification and Compliance Automation Suite.
- Veriff: Veriff provides AI-driven identity verification, KYC/AML screening, and biometric checks for fintech, mobility and Web3. It competes directly with Hypermine's IDCore and Compliance Automation Suite.
- MATTR: MATTR is an SSI and verifiable credentials platform focused on government, education and enterprise trust ecosystems. It is a focused peer in Hypermine's Government and Education solution areas.
Broad incumbents
- Jumio: Jumio is an established, scaled identity verification and KYC/AML provider with global enterprise coverage. It is a broad incumbent operating across all of Hypermine's core verticals rather than a focused SSI specialist.
- Onfido (Entrust): Onfido, now part of Entrust, provides AI-based digital identity verification (IDV) and KYC for regulated industries. It is a broad incumbent in IDV/KYC rather than a pure SSI specialist but competes for the same buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Hypermine social profiles
Digital presenceHypermine compliance and trust
Trust signalCompliance4 records
Hypermine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hypermine leadership team
Management profileNumber of profiles
Profiles1 record
Hypermine funding detail
Funding detailFunding overview
Funding rounds3 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hypermine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hypermine
What does Hypermine do?
Hypermine builds a W3C-compliant blockchain-based Self-Sovereign Identity (SSI) platform for digital trust, offering reusable KYC/KYB/KYT credentials, AI-powered entity verification, and compliance automation for enterprises across payments, education, government, travel, and Web3 sectors.
Is Hypermine a public or private company?
Hypermine is a private company. It is classified as venture growth investor backed and is currently operating.
When was Hypermine founded?
Hypermine was founded in 2017. It employs 1 to 10 people.
Where is Hypermine based?
Hypermine is headquartered in Bengaluru, India, in the Asia region.
How does Hypermine make money?
Four revenue lines are on record. SaaS/Platform Subscriptions are the primary driver. The others are API/SDK Licensing, credential Monetization and professional Services.
Who are Hypermine's main competitors?
Direct peers on record are Civic, Trinsic, Sumsub, Indicio, Dock, Persona, Veriff and MATTR. Broad incumbents are Jumio and Onfido (Entrust).
Does Hypermine have an API?
Yes. Hypermine provides RESTful APIs and JavaScript SDKs for credential workflows, identity verification, and KYC integration. The APIs enable issuing and verifying W3C-compliant verifiable credentials, KYC verification, and integration with the hosted compliance suite. Code sample shows widget-based integration: invoke widgetUrl='https://verify.hypersign.id?kycAccessToken=$kycAccessToken,&ssiAccessToken)&sessionId='event Window', with event listening for KYC completion status. Documentation available at docs.hypersign.id. Developer documentation is at docs.hypersign.id.
What industry is Hypermine in?
Hypermine's product category is Digital Identity Infrastructure. Its primary akta.pro industry code is FSAPAJAC, AML/KYC, KYB & Identity Verification (VASP/Travel Rule), with a secondary code of FSAPACAL, Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling). Its NAICS code is 561621 and its SIC code is 6199.