Hex Technologies

Hex Technologies

Collaborative data analytics platform for teams

About Hex Technologies

Simplify's Rating
Why Hex Technologies is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$107M

Headquarters

San Francisco, California

Founded

2019

Overview

Hex Technologies provides a collaborative data analytics platform that allows users to analyze and visualize data using SQL, Python, R, or no-code within a single interface. The platform features built-in AI tools that assist in generating queries, creating visualizations, and conducting analyses, making it user-friendly for both technical and non-technical users. Unlike competitors, Hex Technologies emphasizes real-time collaboration and seamless integration with popular data tools and warehouses. The company's goal is to simplify the data analysis process, making it accessible to a wide range of clients.

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Simplify's Take

What believers are saying

  • Hex's no-code tools make data analytics accessible to non-technical business users.
  • Recent $52M funding round boosts Hex's growth and development capabilities.
  • Hex's Google Cloud Ready designations enhance its cloud integration capabilities.

What critics are saying

  • OpenAI's cheaper GPT-4.1 models may attract enterprise clients away from Hex.
  • Hex's reliance on partnerships with Snowflake and Databricks poses potential risks.
  • Freemium model may limit revenue growth if users don't convert to paid plans.

What makes Hex Technologies unique

  • Hex integrates SQL, Python, R, and no-code in a single notebook interface.
  • Hex's platform offers real-time collaboration and version control for data teams.
  • Hex provides built-in connections to popular data warehouses and workflow management tools.

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Funding

Total Funding

$107M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Competitive salary & equity

Health, vision, & dental

Flexible PTO

Parental leave

401k matching up to 4%

Workstation + learning & development stipends

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

7%
PYMNTS
Apr 15th, 2025
Openai Debuts Cheaper Gpt-4.1 Models To Attract Enterprise Clients

OpenAI has launched its newest artificial intelligence (AI) model lineup that is less expensive than older models and also outperforms them, as competition for enterprise customers heats up. The new models — GPT-4.1, GPT-4.1 mini and GPT-4.1 nano — also boast one-million-token context windows, up from 128,000. Context windows are where users enter prompts and [] The post OpenAI Debuts Cheaper GPT-4.1 Models to Attract Enterprise Clients appeared first on PYMNTS.com.

Accesswire
May 29th, 2024
No Code, No Problem: Hex's New Tools Help Data and Business Teams Explore Data Together Plus New Snowflake Ventures Investment

Hex's new no-code workflows help less technical business users answer complex questions with data, and a new investment from Snowflake Ventures doubles down on Hex's mission to build the unified front end for the data stack.

Outsource Accelerator
Apr 17th, 2024
HFS Research, HEX Advisory Group announce strategic alliance

NEW YORK, UNITED STATES - Research and analysis firm HFS Research (HFS) formed a strategic alliance with HEX Advisory Group, a leading provider of global IT-BPS advisory intelligence.

Newswire
Jun 27th, 2023
Run Hex Inside Of Snowflake With Snowpark Container Services

Hex, a leading collaborative platform for analytics and data science, can now be deployed inside of Snowflake through Snowpark Container Services. . .

Newswire
Mar 29th, 2023
Hex Achieves Google Cloud Ready - Bigquery And Cloud Ready - Alloydb Designations

Hex Achieves Google Cloud Ready - BigQuery and Cloud Ready - AlloyDB Designations . Press Release. •

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