Fintech company Hypercore, which has developed a commercial loan management platform for private credit funds, has raised $13.5 million in a Series A funding round led by Insight Partners.
The company will use the money to build AI-powered management tools and improve its platform.
It plans to create a new type of lending service by combining its loan management technology with artificial intelligence, giving private credit funds a complete system to manage their operations from start to finish.
Hypercore was founded in 2020 by Daniel Liechtenstein (CEO), Tomer Moshe (CTO), David Yahalomi (COO), and Eitan Frailich (CPO).
Liechtenstein and Yahalomi have known each other since middle school, while Moshe and Frailich served together in the Israeli Air Force’s Ofek unit. The company now has 20 employees.
Hypercore’s system replaces manual work with AI tools called AI Admin Agents. These tools handle the full loan process, from giving out loans to managing and tracking them.
The platform helps funds manage their money more easily and gives them better access to borrowers’ financial information.
“Admin agents aren’t going away, but the way they operate must change,” said Daniel Liechtenstein, Co-Founder and CEO of Hypercore. “By combining AI, automation, and human expertise on top of our platform, we can deliver speed, accuracy, and transparency to the industry. This funding allows us to bring that vision to market.”
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