Who We Are
From documents to shared truth
Hypha turns the documents investment teams live in—loan agreements, rent rolls, financials—into structured data they can actually use. Query your portfolio. Generate reports. Monitor covenants. Make decisions with confidence, not spreadsheets.
We're not just extraction. We're the layer between your documents and everything you need to do with them.
Why We Exist
Because attention is finite
Hypha started with a simple question: why does managing a billion-dollar portfolio still feel like managing a filing cabinet?
Our co-founder Simcha Hyman is one of the largest private owners of skilled nursing facilities in the country. He lived the inefficiency firsthand—the constant loop of documents being translated and re-translated between borrowers, brokers, lawyers, and lenders. The offshore teams hired just to key data into spreadsheets. The covenant checks that happened quarterly when they should happen continuously. The asset management decisions—sell? refinance? hold?—made with incomplete information because pulling the data took too long.
The problem wasn't the people. It was that the work required infinite attention, and attention is finite.
Then came AI. Not as a chatbot or a copilot, but as something more fundamental: unlimited labor. What if you had an analyst watching everything, all the time? Checking every covenant. Flagging every risk. Keeping every data point current. Not because you hired an army, but because the technology finally made it possible.
That's what we're building.
How We're Different
Principles that shape how we build
Most AI teams start with the model and look for problems to solve. Hypha does the opposite—it starts with people. Builders and domain experts at the same table.
The team embedded in design partners' offices to observe workflows, friction points, and decision-making—then built a cohesive platform around what they learned. Success is measured not just by efficiency metrics like time saved, but by better decisions made faster and more headspace for high-leverage work.
This human-first approach extends to everything—including how Hypha talks. While other platforms describe their onboarding as "Data Migration and Integration," Hypha calls it BYOD: Bring Your Own Data. Same idea, less corporate speak.
Most AI companies build horizontal tools with little moat against LLMs, or narrow point solutions. Hypha is doing the opposite—going all the way down to the root and building back up.
The root of reactive culture in asset management is fragmented data. Documents buried in emails, multiple versions, hundreds of pages to parse for a single data point. The "Where's Waldo?" problem.
Hypha is solving the hard problem others avoid: turning fragmented, unstructured documents into a trusted single source of truth as the first building block, then layering intelligence and execution on top.
When GitHub launched in 2008, it became the backbone for how developers collaborate. Hypha is building the same for all stakeholders in asset management—a platform so integral to how deals get done that it becomes the standard.
Momentum isn't just speed—it's progress toward a clear direction. And speed with focus compounds.
When builders optimize for momentum, there's a natural tension between chaos and control. Too much chaos, you lose direction and risk bloat. Too much control, you stifle innovation and first-principles thinking.
The key is maintaining the right "chaos-to-control ratio"—just enough chaos to move fast and solve problems in unexpected ways, with just enough control to stay pointed in the right direction. Every standup, product discussion, client conversation recalibrates the roadmap, the hiring, the next move.
As coach Frank Dick said, "Winning is being better today than you were yesterday, every day." That's momentum—not perfection on day one, but directional progress compounding over time.
Leadership
Built by people who've lived it
Simcha Hyman
Co-Founder
One of the largest private owners of skilled nursing facilities in the U.S. Built Hypha to solve the document chaos he lived every day managing a multi-billion dollar portfolio.
Peter Wang
Co-Founder, CEO
Tech executive and investor with 20+ years scaling businesses across fintech, ad tech, media, commerce, and health. Six VC-backed startups, three acquisitions (Salesforce, Spotify, Vice), and one IPO (BuzzFeed).
Austin Sheppard
Head of Engineering
Engineering leader and exited founder with a decade of experience building 0→1 products across fintech, AI, and SaaS at State Street, nference, Toast, and Hebbia. Focused on using AI to transform how humans work and how organizations operate.
Alan Litt
Board Member
30+ years as a developer, owner/operator, and lender in multifamily and seniors housing. Co-Founder of Monticello AM and EVP at BlackRock Monticello Debt REIT. Former President and Chairman of The Kohl Companies.
Erik Lindenauer
Advisor
30+ years in mortgage and investment banking, specializing in healthcare lending, multifamily housing, and FHA/FNMA-insured loans. President of Healthcare and FHA Lending at NewPoint Real Estate Capital. Previously Executive Chairman of HHC Finance.
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