Company

Hex

Analytics platform for humans and AI agents, rebuilt from scratch as Hex 4.0; raised a $100M Series D at a $1.2B valuation co-led by PeakXV and 137 Ventures.

San Francisco data analytics company (founded 2019, CEO Barry McCardel). On 2026-10-27 it announced a $100M financing at a $1.2B valuation led by PeakXV and 137 Ventures, with Amplify, Avra, a16z, Next Legacy, Redpoint, Sequoia and Zero Prime participating, and Hex 4.0, a from-scratch rewrite of a product it had built for six years so that humans and agents collaborate with data in one workspace. Hex 4.0 is in private beta with broader availability rolling out over the following weeks. The company says over 2,500 customers globally use the product.

Traction

$100M at a $1.2B valuation, led by PeakXV and 137 Ventures; a16z, Sequoia, Redpoint and four others joinedSeries Dhex.tech (source, opens in a new tab) · as of Oct 27, 2026
over 2,500 globally (company statement)Customershex.tech (source, opens in a new tab) · as of Oct 27, 2026
from-scratch rewrite for agents, in private beta; company says dashboards are 4 to 12 times faster than 3.xHex 4.0hex.tech (source, opens in a new tab) · as of Oct 27, 2026
Cooley advised Hex on the $100M Series D at a $1.2B valuationRound confirmed by counselcooley.com (source, opens in a new tab) · as of Oct 27, 2026

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Kind: Company
Status: The company or maker states these facts itself.
On the list since: Nov 1, 2026
Facts updated: Nov 1, 2026
Topics: AI, AI agents, Enterprise, Developer tools, Venture capital

Hex

Traction

Related news

Data analytics provider Hex Technologies, which says it has rebuilt its platform for AI agents, raised a $100M Series D led by Peak XV at a $1.2B valuation (Tim Keary/Forbes) (opens forbes.com)