Overview

Hex Technologies offers a collaborative platform for data teams to analyze and visualize data using SQL, Python, R, or no-code within a single notebook interface. The platform features built-in AI tools that help generate queries, create visualizations, and initiate analyses, making data analysis accessible to users with varying technical skills. Hex Technologies stands out with its real-time collaboration, version control, and deep integrations with popular data tools and databases. The company's goal is to simplify the data analysis process, enabling teams to work together effectively and make informed business decisions.

Simplify's Take

What believers are saying

• Hex secured $52M in Series B funding from Snowflake and Databricks in 2023.
• The platform's no-code workflows empower business users to explore data independently.
• Hex's integration with Databricks and Snowflake enhances its data connectivity capabilities.

What critics are saying

• Increased competition from Mode Analytics and Dataiku in the collaborative data space.
• Potential over-reliance on partnerships with Snowflake and Databricks.
• Rapid AI advancements may outpace Hex's current technological offerings.

What makes Hex Technologies unique

• Hex integrates SQL, Python, R, and no-code in a single notebook interface.
• The platform offers real-time collaboration and version control for data teams.
• Hex's AI tools generate queries, code, and visualizations for non-technical users.

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Funding

Total Funding

$104.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

Andreessen HorowitzBoxGroup

Notable Investors:

Andreessen HorowitzBoxGroup

$28,000,000

Late VC

Mar 2023

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