Hex Technologies Inc.
Headquarters
San Francisco, CAFounded
2019CEO / Founder
Barry McCardelEmployees
51-200Funding
Series C — $68MProducts
1 product listedAvg. AI Score
8.1/10Website
hex.tech/
Profile updated
About Hex Technologies Inc.
Hex Technologies Inc. is a data analytics platform founded in 2019 by Barry McCardel, Caitlin Colgrove, and Glen Coates, and headquartered in San Francisco, California. The company builds software that allows data scientists, analysts, and engineers to write SQL and Python in a collaborative notebook environment and publish results as interactive data applications.
Hex's core product integrates a multi-user notebook interface with a drag-and-drop app builder, enabling teams to move from analysis to shareable dashboards without switching tools. The platform added AI-powered features, including a conversational analytics interface called Magic, which allows users to generate and edit code using natural language prompts. Hex is used by data teams at companies across technology, finance, and other sectors.
The company raised a $52 million Series B round in 2022, led by Redpoint Ventures, bringing total disclosed funding to approximately $68 million. Investors include Andreessen Horowitz and others. As of available records, Hex employs roughly 50 to 150 people. The company has grown its product surface area significantly since launch, adding AI agent capabilities and expanded integrations with data warehouses such as Snowflake, BigQuery, and Databricks.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by Hex Technologies Inc.
All products by Hex Technologies Inc. reviewed by our AI panel of experts.
How Our Review Panel Scores Hex Technologies Inc.
Six independent reviewer personalities assessed Hex Technologies Inc.'s product on their own terms. They landed within 0.8 points of each other, an unusually strong consensus.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who Hex Technologies Inc. competes with, and how they differ.
Databricks is a much larger unified data-and-AI lakehouse platform spanning data engineering, ML training and warehousing, and now ships its own notebooks; Hex is a lighter-weight collaborative analytics layer that typically sits on top of a warehouse like Databricks or Snowflake rather than replacing it.
1 product reviewed on TopReviewedDeepnote is Hex's closest head-to-head competitor: a browser-based collaborative Python/SQL notebook with real-time multiplayer editing, dashboards and an AI assistant, aimed at the same data-science and analytics-team audience, with a free tier plus paid team/enterprise plans.
ThoughtSpot acquired Mode Analytics for $200M in 2023, pairing Mode's SQL-notebook-plus-dashboard workflow with ThoughtSpot's search-driven AI analytics; the combined product leans more toward self-serve BI reporting for business users than Hex's code-first Python/SQL data-science workflow.
1 product reviewed on TopReviewed
Metabase is an open-source, self-serve BI and dashboarding tool with a free tier, aimed at broad business-user reporting rather than the code-first Python/SQL notebook workflow Hex targets for data teams.
1 product reviewed on TopReviewedCompany Timeline
Key milestones in Hex Technologies Inc.'s history, with sources.
- Funding
Series C -- $70M led by Avra Capital
Hex raised a $70M Series C led by Avra Capital, with participation from a16z, Amplify Partners, Box Group, Next Legacy, Redpoint, Sequoia and Snowflake Ventures.
hex.tech - Acquisition
Hex acquires the Hashboard team
Hex announced it had acquired the Hashboard team as part of its Series C funding announcement, folding Hashboard's work into Hex's agentic-analytics push.
hex.tech - Funding
Hex raises an additional $28M led by Sequoia Capital
Hex raised an additional $28M led by Sequoia Capital, with existing investors Andreessen Horowitz, Amplify Partners and Snowflake participating; revenue and customer count had grown roughly 4x over the prior year to about 450 paying customers, including Brex, Notion, Toast and Chegg.
techcrunch.com - Funding
Series B -- $52M led by Andreessen Horowitz
Hex closed a $52M Series B led by Andreessen Horowitz, with strategic participation from Snowflake and Databricks alongside returning investors Redpoint Ventures and Amplify Partners.
techcrunch.com - Funding
Series A -- $16M led by Redpoint Ventures
Hex raised a $16M Series A led by Redpoint Ventures, with Amplify Partners and other seed investors participating, bringing total funding to $21.5M; the company had grown to 18 employees.
techcrunch.com - Funding
Seed round -- $5.5M led by Amplify Partners
Hex closed a $5.5M seed round led by Amplify Partners, with Box Group, XYZ Venture Capital, Data Community Fund and Operator Collective participating; the round closed in July 2020 and was publicly announced in March 2021 alongside Hex's move from limited beta to general availability.
techcrunch.com - Founded
Hex Technologies founded in San Francisco
Hex Technologies was founded in San Francisco by CEO Barry McCardel, CTO Caitlin Colgrove and Chief Architect Glen Takahashi, who had previously worked together at Palantir.
techcrunch.com
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