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HyperSciences

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HyperSciences, Inc.

Software & AI · Spokane, WA · Founded 2014

Harnessing the power of extreme velocity

Post-money valuation
$104.4M
As of Sep 2022 · from HyperSciences Preferred Stock 2 · pre-money + amount raised, not a traded price
Total raised
$10,702,709
Across 3 rounds since 2018
Latest share price
$9.72
HyperSciences Preferred Stock 2 offering price

Financials

FY2017–FY2024 · from SEC filings · hover any figure for its source
$0
−$1.5M
2017
$83K
−$2.2M
2018
$501K
−$5.7M
2019
$365K
$2.2M
2020
$2.0M
$2.0M
2021
$500K
−$1.9M
2022
$500K
−$1.9M
2023
$100K
−$1.6M
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$0
$82,860
$501,430
$365,000
$2,020,000
$500,000
$500,000
$100,000
Cost of goods sold
$0
$0
$0
$0
$0
$0
$0
$0
Gross margin
100%
100%
100%
100%
100%
100%
100%
Net income
-$1,492,072
-$2,166,043
-$5,680,777
$2,196,072
$2,019,458
-$1,921,788
-$1,921,788
-$1,599,742
Taxes paid
$0
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$290
$1,291,133
$1,431,036
$269,049
$222,237
$90,916
$90,916
$5,246
Accounts receivable
$0
$0
$120,000
$0
$0
$0
$0
$0
Total assets
$325,323
$2,071,164
$2,579,333
$1,445,232
$1,389,875
$1,242,270
$1,242,270
$1,032,992
Short-term debt
$1,607,175
$1,650,090
$1,721,285
$2,658,500
$2,245,105
$2,245,105
$2,419,127
Long-term debt
$564,114
$1,752,964
$1,935,893
$239,227
$0
$0
$0
$0
Total liabilities
$4,153,683
$3,360,139
$3,585,983
$1,960,512
$2,658,500
$2,245,105
$2,245,105
$2,419,127
Other
Headcount
1
7
15
19
8
7

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$39.8M
post-money
$104.4M
post-money
HyperSciences Stock 2
HyperSciences Preferred Stock 2

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

HyperSciences Preferred Stock 2ClosedReg CF · Preferred Equity · via StartEngine
Raised $434.3K / $3.9MInvestors 236Post-money $104.4M
HyperSciences Stock 1ClosedReg A+ · Common Equity · via SI Securities, LLC
Raised $9.2M / $10M
HyperSciences Stock 2ClosedReg CF · Preferred Equity · via StartEngine
Raised $1.1M / $1.1MInvestors 825Post-money $39.8M

Team

10 people
Mark Russell, PEFounder
Chief Executive Officer, CTO, and Director

Mark has a Masters from Stanford in Aero/Astro, is the former lead engineer for Blue Origin first VTOL vehicle and was Lead of Crew Capsule development at Blue Origin. Along with 2 decades of spaceflight development, Mark has a long history of family underground mining development and operations for some of the world’s largest mining projects. Recently sponsored by Shell to develop the worlds fastest and deepest geothermal drilling technology High Energy Systems Development. Mark provides both the vision and technical expertise to lead the world’s first companies focused on commercial industrial Hypervelocity mass drivers.

Mark C. Russell
CEO/Chief Engineer
Mark Russell
Chief Executive Officer
Michelle Carbon, JD, MAcc
Chief Financial Officer and General Counsel

Michelle graduated from Gonzaga University with a MAcc/JD and started her career in the mining industry. She has experience in business planning and development, start-up consulting, corporate law, risk mitigation, compliance, and legal services. Michelle has held positions as VP of Business Operations and In-House Counsel, Controller, Director of Cost Accounting, and owner of Carbon Law Office, PLLC. She is currently licensed to practice law in the State of Washington.

Dr. Carl Knowlen*
Ram Accelerator Chief
Kemper Rojas*
Chief Financial Officer
Michelle Carbon
CFO and General Counsel
Charles Russell
Director

Chuck was one of the first investors in the commercialization of the RAMAC technology and is also a HyperSciences Director. His past experience has involved exploration, development, permitting and sales of mineral projects in Asia. Chuck is responsible for managing HyperSciences remote testing facility and installation and controls of the RAMAC instrumentation.

Mike McSherry
Director

Mike McSherry is a serial entrepreneur and the current CEO and founder of the healthcare tech company, Xealth. He is also the former CEO of SWYPE (mobile app), and the co-founder of Boost Mobile.

Show 1 more person
Charles Thomas Russell
Director

Names and titles as disclosed on StartEngine, SEC Form 1-A, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 5 of 6 annual reports (FY2020–FY2025)

825 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form DJul 10, 20250001646921-25-000003
    EDGAR
  • Form C-ARMay 5, 20250001646921-25-000002
    EDGAR
  • Form DJan 2, 20250001646921-24-000005
    EDGAR
  • Form C-AR/AJul 12, 20240001646921-24-000004
    EDGAR
  • Form C-ARApr 29, 20240001646921-24-000003
    EDGAR
  • Form DFeb 29, 20240001646921-24-000002
    EDGAR
  • Form DDec 29, 20230001646921-23-000005
    EDGAR
  • Form DJun 2, 20230001646921-23-000003
    EDGAR
Source: ManualCIK 0001646921DEShare price $9.72

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.