Hex Technologies

Hex Technologies

Collaborative data analytics platform for teams

About

Hex Technologies offers a collaborative data analytics platform that allows users to analyze and visualize data using SQL, Python, R, or no-code options within a single notebook 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, version control, and easy integration with popular data warehouses and tools. The goal is to simplify the data analysis process, making it accessible and efficient for a wide range of clients.

Company Stage

Late Stage VC

Employees

51-200

Industries

Data & Analytics, Enterprise Software, AI & Machine Learning

Total Funding

$104.1M

Headquarters

San Francisco, California

Founded

2019


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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 non-technical users to analyze data effectively.
  • Hex's integration with Google Cloud and Databricks enhances its multi-cloud 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.
  • Freemium model may struggle to convert free users to paid, affecting revenue growth.

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 efficient data analysis.

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Growth & Insights
Headcount

6 month growth

↑ 18%

1 year growth

↑ 41%

2 year growth

↑ 107%

Benefits

Competitive salary & equity

Health, vision, & dental

Flexible PTO

Parental leave

401k matching up to 4%

Workstation + learning & development stipends

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