Hypercore raises $13.5 million Series A to automate private credit operations
Insight Partners backs AI-driven overhaul of non-bank loan management.
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. Calcalist has learned that a small portion of the round consists of secondary transactions.
The capital will be used to develop AI-based management agents and to launch what the company describes as a new category in lending services, combining Hypercore’s loan management technology with artificial intelligence to provide private credit funds with a complete end-to-end operational infrastructure.
Hypercore was founded in 2020 by Daniel Liechtenstein (CEO), Tomer Moshe (CTO), David Yahalomi (COO), and Eitan Frailich (CPO). Liechtenstein and Yahalomi met in middle school, while Moshe and Frailich served together in the Israeli Air Force’s Ofek unit. The company currently employs 20 people.
Hypercore’s system replaces manual processes with artificial intelligence agents, referred to as AI Admin Agents, that automate the entire loan lifecycle, from origination through servicing and monitoring. The platform is designed to help funds streamline capital management and improve access to borrower financial data.
According to the company, the platform currently manages more than 10,000 loans, with a cumulative value exceeding $20 billion.
"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."
