Hex Technologies
| Private | |
| ISIN | 🆔 |
| Industry | Software; Data analytics |
| Founded 📆 | 2019 |
| Founders 👔 |
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| Headquarters 🏙️ | , San Francisco, California , United States |
Area served 🗺️ | |
Key people |
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| Products 📟 |
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| Members | |
Number of employees | |
| 🌐 Website | hex |
| 📇 Address | |
| 📞 telephone | |
Hex Technologies, Inc. (doing business as Hex) is an American software company that develops an AI‑assisted analytics workspace used for data science and business intelligence workflows. [3] The company was founded in late 2019 by Barry McCardel, Caitlin Colgrove, and Glen Takahashi and is headquartered in San Francisco, California. [1] In May 2025 Hex announced a $70 million Series C funding round. [4][5][6]
History
Hex was founded in 2019 by former colleagues who had worked together at Palantir Technologies. [1] In March 2021 the company announced a $5.5 million seed round led by Amplify Partners and opened broader access to its product. [1] In October 2021 it raised a $16 million Series A led by Redpoint Ventures and announced new product updates and integrations. [7]
In March 2022 Hex raised a $52 million Series B led by Andreessen Horowitz, with Snowflake and Databricks participating as strategic investors. [3] In March 2023 the company secured an additional $28 million led by Sequoia Capital and introduced Hex Magic, a set of generative‑AI features for analytics workflows. [2]
In May 2025 Hex announced a $70 million Series C led by Avra Capital, with participation from existing investors. [4][5][6]
Products
Hex provides a collaborative, cloud‑hosted notebook and app‑building environment that supports SQL, Python, and no‑code components for analysis and for sharing results as interactive data apps. [1][3] The company’s Hex Magic features apply large‑language‑model assistance to tasks such as writing queries and code and generating analyses within the workspace. [2]
Acquisitions
On April 30, 2025, Hex announced the acquisition of Hashboard, a business‑intelligence software company. [8][9]
Funding
- March 2021: $5.5 million seed round led by Amplify Partners. [1]
- October 2021: $16 million Series A led by Redpoint Ventures. [7]
- March 2022: $52 million Series B led by Andreessen Horowitz (a16z), with Snowflake and Databricks participating as strategics. [3]
- March 2023: $28 million additional funding led by Sequoia Capital. [2]
- May 2025: $70 million Series C led by Avra Capital, with existing investors participating. [4][5][6]
See also
Notes
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Miller 2021a.
- ↑ 2.0 2.1 2.2 2.3 Miller 2023.
- ↑ 3.0 3.1 3.2 3.3 Miller 2022.
- ↑ 4.0 4.1 4.2 Hex Technologies 2025b.
- ↑ 5.0 5.1 5.2 Riley 2025.
- ↑ 6.0 6.1 6.2 Fortune 2025.
- ↑ 7.0 7.1 Miller 2021b.
- ↑ Hex Technologies 2025a.
- ↑ Mergr 2025.
References
- Miller, Ron (March 31, 2021). "Hex lands $5.5M seed to help data scientists share data across the company". TechCrunch. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Miller, Ron (October 20, 2021). "Hex snags $16M Series A to keep building collaborative data workspace". TechCrunch. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Miller, Ron (March 22, 2022). "Hex scores $52M Series B to grow data science collaboration platform". TechCrunch. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Miller, Ron (March 23, 2023). "Hex lands another $28M as data collaboration platform continues to gain traction". TechCrunch. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Riley, Duncan (May 28, 2025). "Hex raises $70M to expand AI-powered data analytics platform". SiliconANGLE. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Hex Technologies (May 28, 2025). "Hex Lands $70M to Transform Data Science and Analytics With AI" (Press release). Business Wire. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Fortune (May 28, 2025). "Exclusive: Hex raises a $70 million Series C to double down on data in the AI era". Fortune. Retrieved August 12, 2025 – via Yahoo! Finance.CS1 maint: Date and year (link)
- Hex Technologies (April 30, 2025). "Hex Acquires Hashboard to Accelerate the Future of Data Insights" (Press release). Newswire. Retrieved August 12, 2025.CS1 maint: Date and year (link)
- Mergr (April 30, 2025). "Hex Acquires Hashboard". Mergr. Retrieved August 12, 2025.CS1 maint: Date and year (link)
External links
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