Hypha does not shout. It spreads. Like its namesake beneath the forest floor, it connects capital, data, and decisions before anyone notices the canopy changing. That metaphor is not marketing garnish. It is operational truth. New York based Hypha is an AI native asset management platform built to sit underneath acquisition, management, and exit, giving healthcare and multifamily operators something they have never had at scale: clarity without chaos.
The company emerged from stealth on April 17, 2025 with $5M in pre seed capital from TriEdge Investments, a New York family office that actually operates assets instead of pontificating about them. TriEdge lives in healthcare facilities and real estate portfolios where fragmentation is expensive and mistakes linger. Simcha Hyman, Chief Executive Officer of TriEdge and Chief Helper at Hypha, has spent years inside that machinery. Fire drills, manual reconciliations, surprise fees. Hypha exists because those problems never went away.
Peter Wang is the one tying it together. Co founder and Chief Executive Officer. Two decades across financial services and venture backed startups. Former Chief Technology Officer at Refinery29 as it crossed $100M+ in revenue. Former Chief Technology Officer at The Mighty as it scaled to more than 3M members. Now Entrepreneur in Residence at TriEdge and Industry Advisor at Cornell Tech. Hypha is his full circle moment, applying fintech discipline and startup execution to an industry still running on inboxes and spreadsheets.
The product stands on three pillars that actually carry load. Observability delivers real time visibility into asset performance, deals, and market conditions. Intelligence applies AI to risk scoring, tax strategy, benchmarking, and covenant analysis without pretending the data is clean. Orchestration connects workflows into a single source of truth so decisions stop dying in email threads.
Nine months post stealth, Hypha is hiring Senior and Lead Full Stack Engineers in NYC. This is the first real scaling signal. Engineering is led by Austin Sheppard, Founding Engineer and Member of Technical Staff, formerly of Hebbia and Toast, with a track record of turning lean teams into real revenue engines. The hiring call was posted by Muhammad Salman Razzaq, Member of Technical Staff at Hypha and Vice President of Engineering at AgentSmyth, whose background includes delivering 99% efficiency gains in financial systems at S&P Global. Recruiting is run by John Kay, Director of Technical Recruiting at TriEdge, who treats portfolio hiring like a startup sport, not a back office chore.
Healthcare asset management is compounding at 26%+ CAGR. Multifamily is tightening as supply drops and demand holds. Most legacy platforms were built for a quieter century. Hypha is building infrastructure for what comes next, quietly, persistently, and underneath everything that matters.
