The company offers two modules for building audience segments and creating lookalike audiences. It recently launched Mandelbrot LLM, a model that helps banks predict customer behavior such as potential churn or primary bank preference. Hyperplane claims its services helped a neobank in Brazil increase transaction volume by 46% by providing a clearer vision of estimated customer income. The company plans to announce its first partnerships in the U.S. soon.
Key takeaways:
- Hyperplane, a San Francisco-based startup, has announced a $6 million funding round led by former Stripe exec Lachy Groom. The company is building foundation models to help banks predict customer behavior.
- The company is currently working with about a dozen banks in Brazil and plans to expand to the U.S. It also plans to bring its technology to other verticals in the future.
- Hyperplane was co-founded by Felipe Lamounier, Daniel Silva, Rohan Ramanath and Felipe Meneses. The founders have experience in building large-scale AI systems and startups.
- Hyperplane offers two modules: one for building audience segments and another for creating lookalike audiences. It recently launched Mandelbrot LLM, a model that helps banks predict customer behavior such as churn or primary bank choice.