Company profile: Hype Innovation
1.1 - Company Overview
Company description
- Provider of innovation ecosystem management software and consulting that engage employees, customers, and partners in strategy building, idea and partner management, innovation project management, new product development, open innovation, supply chain innovation, and sustainability roadmaps, including the HYPE Enterprise Suite and services to co-develop innovation strategies.
Products and services
- HYPE Enterprise Suite: Enterprise-grade software connecting organizational goals with innovation management programs, enabling strategy building, idea and partner management, innovation project management, and value creation across employees, customers, and partners
- Open Innovation: Ecosystem-scale program engaging customers, suppliers, partners, and citizens in co-creation and problem-solving beyond corporate boundaries, enabling external collaboration and stakeholder participation in innovation initiatives
- Consulting: Process-driven advisory co-developing innovation strategies that encompass processes, collaboration, and culture, creating engagement approaches aligned with organizational goals and value creation
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Hype Innovation
Luum
HQ: United States
Website
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- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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JoinedUp
HQ: United Kingdom
Website
- Description: Provider of cloud-based SaaS for managing high-volume temporary workforces, connecting recruiters, workers and end-hirers in a single platform. Solutions include shift planning and allocation with real-time visibility and automated fulfillment, time and attendance via QR or facial recognition integrating with existing systems, finance and payroll integration, automated KPI reporting, GDPR-compliant candidate management, and an app-based candidate experience.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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MegaPay
HQ: United States
Website
- Description: Provider of fully customized payroll solutions to companies.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Velocity Global
HQ: United States
Website
- Description: Provider of global employment solutions that simplify onboarding, managing, and paying talent in over 185 countries. Offerings include Employer of Record (EOR) to hire and manage employees without a local entity, handling payroll, taxes, and compliance; multi-country payroll; benefits and retention services; and an employee cost calculator with country-specific hiring cost estimates.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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7Geese
HQ: Canada
Website
- Description: Provider of performance management software that empowers employees to set and achieve goals and receive feedback in an engaging social environment, helping organizations focus on engagement and growth. Offers Paycor Talent Development, a performance management system emphasizing continuous employee development beyond annual reviews.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Hype Innovation
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Hype Innovation
2.2 - Growth funds investing in similar companies to Hype Innovation
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4 - Top valuation comps for Hype Innovation
4.2 - Public trading comparable groups for Hype Innovation
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