Key Takeaways
- • Hex Technologies, a San Francisco-based developer of a collaborative data science and analytics platform, raised $100 million in funding at a $1.2 billion post-money valuation.
- • The round was led by Peak XV Partners, with participation from existing insider investors Amplify Partners, Andreessen Horowitz, and Sequoia Capital.
- • The continued participation of existing backers signals ongoing conviction in Hex's platform and its valuation step-up.
Summary
Hex Technologies, a San Francisco, CA-based developer of a collaborative data science and analytics platform, has raised $100 million in new funding at a $1.2 billion post-money valuation, according to the primary report.
Peak XV Partners led the round. Existing insider investors Amplify Partners, Andreessen Horowitz, and Sequoia Capital also participated, indicating continued support from the company's earlier backers.
The source material does not provide further detail on the company's revenue, customer base, use of proceeds, or prior funding history, and the report contains limited additional context on the strategic rationale for the round.
Peak XV Partners led the round. Existing insider investors Amplify Partners, Andreessen Horowitz, and Sequoia Capital also participated, indicating continued support from the company's earlier backers.
The source material does not provide further detail on the company's revenue, customer base, use of proceeds, or prior funding history, and the report contains limited additional context on the strategic rationale for the round.
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