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Hypercard (Hyper)

Category: AI Agents

Agentic expense management company building AI-powered autonomous finance agents for T&E, FP&A, and travel management; acquired by American Express in 2026. Hypercard (Hyper) was founded in 2022. The company is led by Marc Baghadjian. Based in New York, United States. Team size: 11-50. Total funding raised: $4.5M. Latest round: Seed. Key investors include Sam Altman (OpenAI CEO).

Founded
2022
Headquarters
New York, United States
Team size
11-50
Total funding
$4.5M

Value proposition

AI-native autonomous expense management platform that replaces manual expense workflows with AI agents that auto-categorize, file expenses, check against budget/policy, and send reminders — reducing admin work by 30+ hours/month and saving up to $180K+/year on expense errors.

Products and solutions

Expense-GPT (AI T&E agent and controller), FP&A-GPT (AI FP&A analyst, coming soon), Travel-GPT (AI travel agent, coming soon), Hypercard Rewards American Express card (AI-powered expense card)

Unique value

World's first autonomous expense solution with native AI agents (Expense-GPT) that act as an AI controller — reviewing, validating, and filing expenses in seconds with no training required; multi-model architecture (OpenAI, Anthropic, Mistral, Gemini, Perplexity) powering different agent functions.

Target customer

Mid-market to enterprise companies (1-5000+ employees) looking to automate travel and expense management, FP&A, and corporate spend

Industries served

Finance, Corporate Expense Management, Travel & Entertainment, FP&A

Technology advantage

Multi-model AI agent architecture using frontier models (OpenAI, Anthropic, Mistral, Gemini, Perplexity) for different expense functions; AI-driven GL code mapping with Fortune 500 benchmark accuracy; native Amex network integration; 5-14 day implementation timeline

How they differentiate

First-mover in agentic expense management with multi-model AI architecture (OpenAI, Anthropic, Mistral, Gemini, Perplexity) powering specialized agents; deep Amex integration via Agile Partner Platform; built as an Amex network card from inception; autonomous AI controller that requires no training or manual setup

Main competitors

Ramp, Brex, Navan, SAP Concur

Key partnerships

American Express (2024 partnership to launch Hypercard Rewards American Express card via Agile Partner Platform, acquired by Amex in 2026)

Notable customers

Lyft (signed letter of intent), Whatnot (pilot customer)

Major milestones

2022: Company founded by Marc Baghadjian and Nikolas Ioannou, 2023: Raised $4.5M seed round led by Sam Altman, 2024: Forbes 30 Under 30 Finance selection, Launched Hypercard Rewards American Express card with AI-powered expense agents, 2026 (April): American Express announces acquisition of Hyper

Market positioning

Early-stage AI-native expense management startup differentiated by agentic AI approach and deep Amex integration; positioned against fintech-first competitors (Ramp, Brex, Navan) and legacy enterprise systems (SAP Concur)

Geographic focus

United States

About Marc Baghadjian

Co-founded a dating app prior to Hypercard; Babson College graduate (Class of 2021)

Official website: