Hex offers an AI-powered workspace designed to help data teams develop insights, build models, and present results to organizations. Its platform addresses fragmented tools, siloed workflows, and frequent one-off questions to increase the value of data for businesses. Hex is used by organizations including Reddit, StubHub, HubSpot, Cisco, Figma, Anthropic, Rivian, and the NBA. The company is co-founded by Glen Takahashi (Chief Architect), Barry McCardel (CEO), and Caitlin Colgrove (CTO). Hex intends to use the new funding to expand operations and accelerate development efforts. The article positions the company as focused on enabling data teams to be high-ROI partners for their businesses. Hex Technologies offers a fully collaborative data workspace that combines real-time collaborative notebooks, interactive data apps, first-class SQL support, and a reactive compute engine to make analytics workflows more reproducible and shareable. The platform lets teams connect to data sources like Snowflake, mix Python and SQL in a single workflow, and publish interactive apps and stories for broader consumption. Hex 2.0 introduces a reactive compute model, a Graph UI for dependency visualization, and Dataframe SQL to simplify mixed SQL/Python workflows. The company emphasizes democratising data work so technically skilled analysts and broader data-literate teams can collaborate more effectively. Hex counts customers such as Workrise, Glossier, AngelList, Human Interest, Whatnot, dbt Labs, and Setel. The company is based in San Francisco and will use the new funding to grow its product and go-to-market teams and continue building its platform.

Total raised

$86M

Funding rounds

2

Latest round

Series C

Latest activity

May 2025