Hex Raises $52M in Series B Funding

hex - Jay Watson Photography / Prnewswire
Jay Watson Photography / Prnewswire

Hex, a San Francisco, CA-based provider of a platform for collaborative analytics and data science, raised $52M in Series B funding.

The round was led by Andreessen Horowitz with participation from Snowflake, Databricks, Redpoint and Amplify Partners. In conjunction with the funding, Andreessen Horowitz General Partner Sarah Wang has joined the Hex Board of Directors.

The company intends to use the funds to hire people and build out its platform.

Led by CEO Barry McCardel and CTO Caitlin Colgrove, Hex provides a platform for collaborative data science and analytics, which aims to empower individuals to learn things, and organizations to know things, so they can make the right decisions. Hex brings together SQL, Python, R and no-code in notebooks, and allows users to 1-click publish projects as interactive data apps that anyone can use.

Hex is used by thousands of data scientists and analysts all over the world, from companies like Notion, Mentimeter, Workrise, Loom, Whatnot, and more.