Graph models have long been used in lieu of real data which can be expensive and hard to come by. A common class of models constructs a matrix of probabilities, and samples an adjacency matrix by flipping a weighted coin for each entry. Examples include the ErdH{o}s-R{e}nyi model, Chung-Lu model, and the Kronecker model. Here we present the HyperKron Graph model: an extension of the Kronecker Model, but with a distribution over hyperedges. We prove that we can efficiently generate graphs from this model in order proportional to the number of edges times a small log-factor, and find that in practice the runtime is linear with respect to the number of edges. We illustrate a number of useful features of the HyperKron model including non-trivial clustering and highly skewed degree distributions. Finally, we fit the HyperKron model to real-world networks, and demonstrate the models flexibility with a complex application of the HyperKron model to networks with coherent feed-forward loops.