27 Oct 2026
Hex raises $100m at a $1.2bn valuation and ships Hex 4.0
PeakXV and 137 Ventures led the round. Hex 4.0 is a from-scratch rewrite of the data workspace for people and AI agents, built on the idea…
San Francisco data workspace founded in 2019 that combines agentic notebooks, conversational analytics and shareable data apps, used by teams at Reddit, Notion, Figma and Anthropic.
Hex, legally Hex Technologies, Inc., makes a data workspace where analysts, data scientists and business users answer questions with code, a conversational interface or both. Its site describes it as an AI analytics platform for exploring data, analysing it and sharing the results, and says the company is six years in.
The core product is the notebook. Hex's Notebook Agent works inside it to help with deeper analysis, while the same work can be turned into a data app, an interactive page that colleagues use without touching the code, with an App Agent to help build it. For people who only want an answer, Threads and Explore let them ask questions of the data in plain language.
Behind those sits Context Studio, where a data team writes down semantic models, database descriptions and business rules so that the agents answer in the company's own terms, and Evals to test the results. Hex connects to dbt, Slack, GitHub and GitLab, Airflow, Dagster and Prefect, supports OAuth connections to warehouses, and offers an MCP server and a public API. It also publishes a Trust Center for security and governance questions.
The site names customers including Reddit, Notion, Sierra, Anthropic, Lovable, Ramp, Rivian, Figma, Brex, Cursor, Sedgwick, StubHub, Chime and Coinbase. The plans are Community, Professional, Team and Enterprise; the site lists no prices and offers a 30 day free trial of the Team plan.
Legal name: Hex Technologies, Inc. Founded: 2019 Headquarters: San Francisco, United States, according to the structured data on its site Funding: $100 million at a $1.2 billion valuation led by PeakXV and 137 Ventures (October 2026), as the company states it Customers: more than 2,500, as the company states it Products: agentic notebooks, Threads and Explore, Context Studio, data apps, Hex 4.0
Profile written by TrustList from the business's own published information, Oct 2026.
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Updated 10/27/2026
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