Hyperplane AI
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Hyperplane was a San Francisco data-intelligence startup founded in 2022 by Felipe Lamounier, Daniel Silva, Rohan Ramanath and Felipe Meneses, with AI talent from Google AI, Meta, Apple and LinkedIn. It built foundation models for banks: letting financial institutions train, evaluate and deploy self-supervised deep-learning models on first-party data across risk, collections and marketing, starting operations in Brazil. It raised $6 million in seed funding from Lachy Groom, SV Angel, Clocktower Technology Ventures, Soma Capital and others.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Hyperplane was founded in 2022 to build foundation models for banks, starting operations in Brazil.
- Seed funding
Hyperplane announced a $6 million seed round about seven months before its acquisition.
- Acquired by Nubank
On June 26, 2024, Brazil's Nubank announced it would acquire Hyperplane for an undisclosed fee, folding its team and foundation models into Nubank's AI-first strategy.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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