Breaking
Hypersonix closes $35M Series B at $200M valuation ProfitGPT now making 100K+ autonomous pricing decisions daily Prem Kiran joins Forbes Technology Council Hypersonix optimizing 5M+ SKUs for 100+ retail brands Series B led by B Capital Group with Intel Capital ProfitGPT delivers 10-12% margin lift in 90 days Hypersonix closes $35M Series B at $200M valuation ProfitGPT now making 100K+ autonomous pricing decisions daily Prem Kiran joins Forbes Technology Council Hypersonix optimizing 5M+ SKUs for 100+ retail brands Series B led by B Capital Group with Intel Capital ProfitGPT delivers 10-12% margin lift in 90 days

Founder & CEO - Hypersonix Inc.

Prem
Kiran

The man who taught retail how to price itself

Serial entrepreneur. Former SAP global VP. Architect of ProfitGPT - the agentic AI engine now making over 100,000 autonomous pricing decisions every single day for retailers who used to guess.

$50M+
Total Raised
5M+
SKUs Optimized
100+
Retail Brands
3rd
Company Founded
Prem Kiran, Founder & CEO of Hypersonix Inc.
Forbes Tech Council

A Gold Medallist Who Chose the Harder Problem

Prem Kiran graduated top of his class at the University of Madras - summa cum laude, ranked first, gold medal in hand. The degree was in electrical engineering. The career he built was something else entirely.

He went to SAP. And then he stayed at SAP long enough to become one of its youngest Global Vice Presidents, running the Business Analytics and Data Solutions division worldwide. That is a position most people spend a decade earning. He earned it faster. He worked in Germany and Dubai along the way, absorbing the patterns of enterprise software at global scale before most of his peers had left their first job.

Then he left to build something from scratch. In 2013, Kiran founded CLYP Technology, a mobile marketing automation platform. Fishbowl acquired it in 2015. He stayed on as Chief Product and Revenue Officer, then rose to Chief Strategy and Innovation Officer. That is how serial entrepreneurs work: they exit, and then they keep moving.

Personalization is the key to happy customers - as much as we talk about personalization, it simply doesn't exist to the level we talk about.

- Prem Kiran, Authority Magazine interview

In 2018, Kiran founded Hypersonix. The premise was sharp: retailers were making pricing, promotion, and inventory decisions with dashboards and human judgment, at a moment when both were becoming the bottleneck. His answer was not better analytics. It was autonomous decision-making - AI that acts, not just reports.

Co-founder Rama Rao brought academic weight few startups can claim: former Chief Data Officer at Intuit and Kabbage, analytics lead at eBay and PayPal, and a stint teaching Data Science at MIT. Kiran had the operator instinct. Rao had the data science depth. The founding combination was deliberate.

The company's flagship product, ProfitGPT, is not a chatbot. It is a suite of five integrated AI agents - Pricing AI, Competitor AI, Promo AI, Inventory AI, and Forecasting AI - each one running continuously, making or recommending decisions without waiting for a human to ask. The system tracks competitors 24 hours a day. It adjusts prices in real time. It flags promotions that erode margin before the campaign launches. Hypersonix claims 10-12% margin lift within 90 days. That is not the kind of number you put in a press release if you cannot back it up.

By 2024, Hypersonix had raised $35 million in a Series B led by B Capital Group, with Intel Capital participating alongside angel investor Gokul Rajaram - one of the more sought-after names in retail and commerce technology. The round valued the company at $200 million. Total funding crossed $50 million.

The platform now optimizes more than 5 million SKUs across grocery, apparel, beauty, furniture, electronics, and sporting goods. Over 100 retail brands use it. The AI makes more than 100,000 pricing decisions per day - autonomously, without a pricing analyst reviewing each one.

There is so much customer information available through digital channels that brands and retailers aren't taking advantage of.

- Prem Kiran

The Forbes Technology Council does not send invitations to everyone who asks. Kiran was admitted to its ranks - an invitation-only group of CIOs, CTOs, and technology executives recognized as world-class in their fields. He has used that platform to write about the future of AI in retail, generative commerce, and the structural gaps between what personalization promises and what it actually delivers.

His thesis on personalization is worth sitting with: that retailers have more customer data than they know what to do with, and they are leaving the competitive advantage on the table by failing to operationalize it. ProfitGPT is his answer to that gap - not another dashboard, but a system that closes the loop between data and action without requiring a human analyst in between.

That is the through-line. From electrical engineering to SAP analytics to mobile marketing to agentic AI - Kiran has always been working on the same problem: how do you get large systems to make better decisions, faster, at scale? The product names and the industries have changed. The question has not.

100K+ Daily AI Pricing Decisions
5M+ SKUs Optimized
10-12% Margin Lift in 90 Days
$200M Company Valuation
20+ Years in Tech

Built for Scale, Every Time

University
Graduates #1 in class at University of Madras with Gold Medal in Electrical Engineering. Goes from circuit design to enterprise software in a single career pivot.
2009 - 2012
Joins SAP as Global VP & GM, Business Analytics - one of the youngest global VPs in SAP history. Manages analytics strategy across multiple continents from offices in Germany and Dubai.
2013 - 2015
Founds CLYP Technology, a mobile marketing automation platform - his first venture. CLYP is acquired by Fishbowl Inc. in 2015.
2015 - 2018
Joins Fishbowl as Chief Product & Revenue Officer. Rises to Chief Strategy and Innovation Officer at Symphony Technology Group. Builds the operator playbook that will later shape Hypersonix.
2018
Founds Hypersonix Inc. with co-founders Rama Rao (ex-Intuit CDO, MIT) and Gina Becchetti. The mission: autonomous AI for retail profit optimization.
2020 - 2021
Hypersonix raises Series A. Kiran joins Forbes Technology Council (invitation-only). Additional funding round in July 2021 as product-market fit solidifies.
2023 - 2024
Launches ProfitGPT suite - five agentic AI modules making autonomous decisions at scale. Closes $35M Series B led by B Capital at $200M valuation. 100+ brand customers. 5M+ SKUs optimized daily.
Achievements

Gold Medallist & #1 ranked graduate, University of Madras - Electrical Engineering

One of SAP's youngest Global Vice Presidents in company history

Successfully founded and exited CLYP Technology (acquired by Fishbowl)

Forbes Technology Council member - invitation-only for world-class tech executives

Raised $50M+ including $35M Series B at $200M valuation

Backed by B Capital, Intel Capital, and investor Gokul Rajaram

$50M+ raised to automate retail profit

Hypersonix has attracted strategic capital from investors who understand both enterprise software and the technical complexity of autonomous decision systems. The $35M Series B at a $200M valuation reflects a bet on agentic AI before it became the industry's favorite phrase.

B Capital Group Led the $35M Series B round. Global venture firm with deep enterprise and frontier-tech focus.
Intel Capital Participated in Series B. Intel's venture arm focuses on AI and compute infrastructure bets.
Gokul Rajaram Notable angel investor and advisor. Former DoorDash, Square, Facebook - one of retail tech's most respected operators.
Firebolt & Magicus Ventures Additional Series B participants alongside 8 total investors across funding history.
PRICING AI   •   COMPETITOR AI   •   PROMO AI   •   INVENTORY AI   •   FORECASTING AI   •   PROFITGPT   •   AGENTIC COMMERCE   •   AUTONOMOUS DECISIONS   •   PRICING AI   •   COMPETITOR AI   •   PROMO AI   •   INVENTORY AI   •   FORECASTING AI   •   PROFITGPT   •   AGENTIC COMMERCE   •   AUTONOMOUS DECISIONS

The Details That Define Him

01
An electrical engineer who ended up building NLP and generative AI systems. The circuitry just got more abstract.
02
He named his product "ProfitGPT" before GPT became a household term. Being early to the right name is its own kind of signal.
03
Hypersonix's AI makes more pricing decisions in a day than most retailers' entire analytics teams make in a year.
04
His co-founder Rama Rao taught Data Science at MIT and was CDO at Intuit. The founding team has more academic credentials than most series-B companies ever accumulate.
05
Kiran was managing global analytics strategy at SAP while most founders his age were still writing their first pitch decks.

On the Record

Authority Magazine - "The Future of Retail In The Post Pandemic World"
An in-depth interview on personalization gaps in retail, customer data utilization, and why most "personalization" in e-commerce is marketing copy for a feature that barely exists.

Forbes Technology Council - Regular Contributor
Member-contributed articles on AI in retail, generative commerce, agentic decision systems, and the gap between enterprise AI ambition and operational reality.

Medium - premkiran7.medium.com
Personal writing on technology, entrepreneurship, and the AI transformation of commerce.

Find Prem Kiran Online