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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 Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$22,209,687
Crowd $10.7M · Private $11.5M · 16 rounds since 2015
Latest share price
$9.72
Reg CF · Preferred Stock · Mar 2022 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 audited
FY2018
FY2019 reviewed*
FY2020 audited
FY2021
FY2022 audited
FY2023 audited
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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$4.0M
est. pre-money
$38.8M
pre-money
$20.7M
est. pre-money
$71.6M
est. pre-money
$104.0M
pre-money
Rule 506(c) · Preferred · May 2019
Reg CF · Preferred · Oct 2020
Reg A+ · Common · Apr 2018
Rule 506(c) · Series B-2A Preferred · Mar 2022
Reg CF · Preferred · Mar 2022

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$9.72$4.86$2.9057
Feb 2017Mar 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines, and each class is drawn as its own line.

Cap table

Share counts as of Dec 31, 2023
Common Stock · 57.2%Preferred stock · 42.8%
ClassOutstandingVotes / shareShare of totalLiquidationLast price
Common Stock5,663,460157.2%paid 2nd—
Preferred stockpreferred4,236,457—42.8%——
Total9,899,917100%

Shares outstanding over timein today's share terms

9.9M4.9M0
Apr 2018Dec 2023
Common StockPreferred stockSeries A Preferred StockRound opened

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, May 5, 2025

  • EnergeticX.net, L.L.C.3,708,092 Common Stock65.5%of

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $240KInvestors 1
Raised $190KInvestors 2
Raised $110KInvestors 3
Raised $2.2MInvestors 13
Raised $100KInvestors 1
Raised $434.3K / $3.9MInvestors 236Post-money $104.4M
Raised $1.3MInvestors 10Est. pre-money $71.6M
Reg A+ · Common Stock · Apr 2018Closedvia SI Securities, LLC
Raised $9.2M / $10MEst. pre-money $20.7M
Raised $1.1M / $1.1MInvestors 825Post-money $39.8M
Raised $1.7MInvestors 9
Raised $1.9MInvestors 5
Raised $2.6MInvestors 72Est. pre-money $4M
Raised $1.3MInvestors 13

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.