What does Hex do?
Hex offers an AI-powered workspace designed for data science and analytics teams. The platform streamlines fragmented tools and siloed workflows, enabling data practitioners to generate insights and allowing organizations to engage with analytical results to maximize the value of their data.
How much did they raise?
Hex raised $70M in its Series C funding round, led by Avra with participation from a16z, Amplify, Box Group, Redpoint, Sequoia, and Snowflake Ventures.
What are their plans for the money?
With the new funds, Hex aims to expand its operations and accelerate the development of its advanced analytics platform, potentially transforming how organizations harness and leverage data for business insights.
What have they achieved so far?
Hex has already proven its platform's effectiveness with a diverse client base including Reddit, StubHub, HubSpot, Cisco, Figma, Anthropic, Rivian, and the NBA, showcasing its ability to drive significant value in data analytics.
