Hex is an Analytics & BI company founded in 2020 and based in San Francisco, United States. It has raised $166M in total funding, most recently a Series C in 2025.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 28, 2025 | Series C | $70M | — | — |
| Mar 23, 2023 | Series B | $28M | — | Sequoia Capital |
| Mar 22, 2022 |
| Series B |
| $52M |
| — |
| Andreessen Horowitz |
| Oct 20, 2021 | Series A | $16M | — | Amplify Partners |
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A collaborative analytics workspace combining SQL, Python, and R cells in a single shareable project. Supports real-time multi-user editing, built-in version control, and warehouse connections to Snowflake, BigQuery, Databricks, and Redshift. Targeted at data science and analytics engineering teams needing a collaborative alternative to Jupyter notebooks.
Hex's integrated AI assistant for code generation, debugging, statistical summarization, and exploratory analysis across SQL, Python, and R. Includes the Notebook Agent that can autonomously execute multi-step analysis workflows. Raised $70M Series C in May 2025 partly to accelerate AI agent capabilities across the platform.
A feature (launched beta August 2025) that lets data teams define business measures, dimensions, and joins directly within Hex projects. Provides AI agents and self-service users with a shared business context layer, improving the accuracy of AI-generated analysis and reducing inconsistencies between reports authored by different team members.
5 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.