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hyperexponential

Modelling and analytics for weird and wonderful data sets

101-200 employees
  • B2B
  • Analytics
  • Visualisation
  • SaaS
  • Data Analysis
49-51 Borough Road, London, England SE1 1DN, GB

Company mission

To reimagine technology to transform analytical decision-making, helping customers make smarter decisions faster.

Top investors

Most candidates hear
back within 2 weeks

32% female employees

69% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

hyperexponential was created to provide modelling software to help people and businesses build, deploy and manage analytical models that work with small, sparse and fragmented datasets. Its goal is to make teams more agile, collaborate more deeply, and work more productively.

hyperexponential's pricing and data-driven decision-making software is built for the specialty and commercial insurance markets. The product has broad applications, but the company's initial focus is on specialty insurance, a sector the founders know well, having worked there for more than a decade.

hyperexponential currently works with 13 of the largest insurers in Europe and is growing fast. In addition, the company launched Renew Connect, a partnership programme which offers integrations between all the best-of-breed solutions for insurers like Insurdata and Inari, and ensures the data flows freely and consistently between them.

Benefits

  • Share options
  • £2,500 annual individual training budget plus £2500 for team training and conference budget + access to Udemy
  • 33 days annual leave (incl. public holidays)
  • Private Health Insurance through AXA - including medical, dental, mental health cover + gym membership
  • Mental healthcare with our partner Spectrum.life and well-being budget via Juno
  • Enhanced pension via Penfold
  • Regular remote hackathons, lunch & learns, socials and games nights
  • Top-spec equipment
  • Snacks, drinks fridge, fun office @ The Ministry with access to the gym
  • Huge opportunity for personal development and mastery as we grow together

Company values

  • We are owners - We help move hyperexponential forward without being told
  • We push boundaries - We keep going for ourselves and our customers when most would stop
  • We grow - We learn deeply, by making things. We improve through data and insights
  • We go deeper - We apply a thoughtful and customer centric mindset to all we do
  • We do the right thing - We are usually nice, never disrespectful, and always kind

Funding (2 rounds)

Jan 2024

$73m

SERIES B

Jun 2021

$18m

SERIES A

$91m

Total funding

This company has top investors

Founders

CompSci at University of York, qualified actuary and previous Head of Pricing and Analytics of Tokio Marine Kiln, one of the largest managing agents at Lloyd’s.

Maths/CompSci graduate, qualified actuary and previous Pricing/Analytics Manager at Tokio Marine Kiln.

People progressing

I joined hx 2 years ago, back when we had a fairly small Engineering team. I have been given the opportunity to step up as a Team Lead & I ended up being one of the first Team Leaders within ProdEng!

I joined hx in 2021 as Head of Engineering and recently stepped up to VP Engineering to lead the whole function. We have a bright, ambitious team and I am excited about what we can achieve together!

Diversity & Inclusion at hyperexponential

Rotem Ben-David headshot

Rotem Ben-David (People Operations & Performance Lead)

  • We are committed to diversity and equal opportunity. We believe that the more inclusive we are, the better our work and culture is. We are not yet where we want to be in terms of balance, but it is our mission to build a team that represents a variety of backgrounds and perspectives and we are working hard towards that goal.

Endorsements

All

Opportunities to learn (4)

Intelligent people (3)

Innovative product (3)

Challenging work (2)

Hard working team (2)

My opinions are valued (2)

Flexible working (2)

Meaningful work (1)

Open and honest communication (1)

Supportive management (1)

At hx, we're not just launching a new product or service. We are holistically rethinking how we can improve decision making within the financial sector. I specifically work on the product marketing team and am responsible for defining our marketing and positioning in a manner that not many have had the opportunity to do before.

Marketing

Challenging work

Mar 2023

Our product is currently a market leader. Through the innovative insights our founders were able to derive, we have created a unique value proposition that few if any have been able to come close to.

Marketing

Innovative product

Mar 2023

The company is growing in more ways than one. From new hires to ambitious revenue targets - it is a really exciting time to be a part of the hyperexponential story.

Marketing

Growing fast

Mar 2023

This is a rocketship disrupting one of the oldest industries. There is a world of opportunity and things to build at hx - but hard work and creativity is rewarded!

Marketing

Challenging work

Oct 2022

For people who want to grow their career - hx is the place to be. The company welcomes innovation and creativity - if you can dream it you can build it.

Marketing

Opportunities to learn

Oct 2022

Everything we do is contributing towards building a world-class business. For an early stage company, there is rigour around OKRs and data, meaning we can see the direct impact of our efforts!

Marketing

Meaningful work

Oct 2022

Everyone you work with at hx is incredibly smart, but it's always tempered with a kindness and thoughtfulness that's rare to see in the tech industry. I love not being the smartest person in the room!

Software Engineering

Intelligent people

Sep 2021

The most exciting and innovative products arise when the knowledge and approach of one field is applied to another - and that's precisely what we've done at hx by applying modern software practices (rapid, iterative development; short cycle times; testing, etc) to the world of actuarial modelling and pricing. It's exciting to be part of a company that's disrupting a historically very traditional industry.

Software Engineering

Innovative product

Sep 2021

Everyone at hx is proud to work smart _and_ hard. It's invigorating and motivating working with world-class experts who share your passion and enthusiasm for getting things done.

Software Engineering

Hard working team

Sep 2021

When I joined hx in April I already had a few years of recruitment knowledge, however understanding the internal workings of a scale up, the open communication across Engineering, C-Level, Business and Talent meant that my opinions and ideas were taken onboard across the company. I've learnt a lot in the six months I've been at hx and levelled up even quicker to match our incredibly high and talented bar. Working with such smart people allows you better progression to excelling and improving even if it is just 1% at a time. There is never any lack of time attributed to learning, whether its through our lunchtime learning sessions virtually, catchups with your team or just knowing that everyone here is approachable that you can message people about anything. My Head of Talent & Community has helped put in place frameworks for me to adapt and improve on, with so much autonomy for me to focus in the areas that truly matter.

People, HR, Recruitment

Opportunities to learn

Sep 2021

Our Show & Tell sessions every Friday house some great discussions and allow for anyone in hx to show off something cool they're working on. Everyone here is on the same wavelength, whether you're in engineering, product, business or elsewhere. I've not had the experience before being with such open minded and interesting people before. hx has built a brilliant culture with everyone being very approachable. I feel like I am developing fast because of the colleagues around me, working with many experts across insurance and engineering.

People, HR, Recruitment

Intelligent people

Sep 2021

At hx I feel as though I can contribute, not only to the work but to ideas within the business. From a Talent perspective it is amazing to hear that my colleagues are interested in any ways I can help in this period of growth. Regular feedback sessions and open communication make this process so special. I feel confident that I can bring value and my colleagues will listen. This will serve as the foundation for our growth.

People, HR, Recruitment

My opinions are valued

Sep 2021

I love working in startups. The size of the business, and the ambition of growth means that you are regularly given far more responsibility than in larger organisations. The difference at hx is that your voice is listened to, and then put together against an incredibly well thought out strategy, vision and mission. Everyone cares so much about what they are doing and (importantly) that we are in it together. So your voice is not only heard, it's supported and amplified by your coworkers. There is always a balance to find between listening to everything (or even just the loudest voices) and maintaining the course no matter what. I think what is unique at hx is that the culture of kindness, care and enthusiasm is so engrained, and the mission and vision are so well thought out, that your voice is listened to by people constantly thinking about how to support you and the business better.

Marketing

My opinions are valued

Sep 2021

Tech isn't diverse. Yet. I run a women in legal tech foundation in my spare time and diversity is a priority. Clearly, hx is not a diverse business yet, but I have been impressed with the well thought out approach to changing that. The introduction of the choose-your-own-adventure interview process to give candidates the opportunity to show how they shine the most is awesome. There are active measures being introduced to nurture and bring in more diverse talent. In marketing we're looking at how we message and share our way of working better, to encourage and support those looking to flex work. There are some really cool initiatives that were working on right now and, importantly, leadership is not only on board, but is actively driving the business towards doing better.

Marketing

Diversity is a priority

Sep 2021

Ive been trying to identify for me what separates hx management from places I have worked before. I believe it distills down to how thoughtful they all are. A lot of management puts in the hours, but far fewer think about what impact their choices will have on those lower down the ladder. Because hx has values (and really sticks to them) every decision or choice is reflected upon through the culture lens. Is this decision the most compassionate one I could make? Will this choice support the team in being innovative and enthusiastic? Is this way of working going to create a team that can scale without sacrificing what has made it great until now? Put simply, management at hx is organised, thoughtful and always aware that actions have consequences. So you need to think them through and act with the best interests of your business and your employees at all times.

Marketing

Supportive management

Sep 2021

The passion the team shares for delivering the best possible pricing experience is reflected in how hard we work to build features our customers love. People are genuinely surprised by the size of the team and what we've accomplished and that is a testament to how much each individual at hx cares about the company.

Product

Hard working team

Mar 2021

Management's attitude to flexible working is the best I've experienced throughout my career. You are trusted to work in whatever way works best for you. This has really helped me optimise my output and boost productivity.

Product

Flexible working

Mar 2021

The team at hx has some of the brightest minds I have ever had the pleasure to work with. The product is really pushing the boundaries of the technology available and the only reason it has been made possible is because of the experts we have on the team. I've learned so much since I joined and am sure that I'll continue learning as the team grows!

Product

Intelligent people

Mar 2021

At hyperexponential I have found provided an excellent environment to grow my skillset. I have found myself challenged in ways I didn't expect, on both the business side and technical side.

Operations & Strategy

Opportunities to learn

Feb 2021

The insurance industry will always a lot of challenges in adapting to the latest technological advances and hyperexponential is at the forefront of meeting these challenges, making it an exciting place to work.

Operations & Strategy

Innovative product

Feb 2021

I am given the freedom to set my own deadlines and working habits, and am trusted to make sure that my deadlines align with the needs of our clients.

Operations & Strategy

Flexible working

Feb 2021

Everyone at hx is passionate about what they do - and very good at it! This creates a huge amount of infectious energy, and results in a team who work hard but have a lot of fun doing so!

Operations & Strategy

Team energy

Feb 2021

We have a philosophy at hx that we share everything, unless it's distracting or illegal! We put an emphasis on rapid and direct feedback so that we can all continue learning and getting better. We recently implemented a 360 feedback which makes this super easy to-do... and even as we grow, we are continuing our company all-hands so everyone can learn about all areas of the business.

Operations & Strategy

Open and honest communication

Feb 2021

At hx, everyone is unashamedly keen to learn, about everting! Personified by our enthusiasm for side-projects, and that at company all-hands people will often present about what they're working on, and what they're not working on! The founders set a huge training & development budget to encourage further learning, and its very much part of our DNA.

Operations & Strategy

Opportunities to learn

Feb 2021

Jobs (12)

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