Startup profile for Hex: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Startup profile · funding coverage

Hex funding, valuation and investors

Collaborative analytics notebook combining SQL, Python, R, and no-code into shareable data apps.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$52M · 2022

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$52M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series b · San Francisco, California

Investors in latest funding

Lead: Andreessen Horowitz

Other: Redpoint Ventures

Sources: latest funding Last verified: 2026-07-25

Overview

Hex is a collaborative analytics workspace that combines SQL, Python, R, and no-code into shareable data apps — positioning as a Figma-like tool for data teams.

Why Hex is interesting

Figma-like collaboration for data teams; Sarah Wang (a16z) joined board at Series B.

Product & use cases

Hex is a collaborative analytics workspace combining SQL, Python, R, and no-code into shareable, interactive data apps — Figma-like for data teams.

  • Multiplayer analytics notebooks for data teams
  • Publishing SQL/Python workflows as interactive apps
  • Collaborative data exploration with version control

Key facts

  • Investor: Andreessen Horowitz (a16z)
  • Source: a16z public investment list / related coverage
  • Series B (2022): $52M led by a16z; Redpoint among existing investors; Snowflake & Databricks strategics (PR Newswire)

Funding history (newest first)

Series B

2022 $52M

Source: https://www.prnewswire.com/news-releases/hex-series-b

Investors in our directory

Funds linked from Hex's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Redpoint Ventures

Competitive landscape

Edge: Unified notebook plus shareable app output — Sarah Wang (a16z) joined board at Series B.

Data teams juggle notebooks, BI, and slides. Hex targets multiplayer analytics — Snowflake and Databricks strategics in Series B signal platform integration importance.

  • Jupyter notebooks incumbent

    Open standard; Hex adds collaboration and publishing.

  • Observable direct

    Collaborative data notebooks; similar thesis.

  • Mode Analytics direct

    BI plus SQL workflows; Hex more notebook-native.

Notable stories

  • Series B $52M led by a16z; Snowflake and Databricks as strategic participants (PR Newswire, 2022).
  • Sarah Wang (a16z GP) joined board at Series B.

Industries

Enterprise SaaS

FAQs about Hex

Practical answers founders, operators, and investors typically search for.

Collaborative analytics notebook — SQL, Python, R, no-code into shareable data apps.
a16z (/fund/andreessen-horowitz) led $52M Series B (2022). Redpoint (/fund/redpoint-ventures) among existing investors.
Hex adds multiplayer collaboration and app publishing on top of notebook workflows.
Tableau is BI visualization; Hex is notebook-first with code and collaboration.
Series B — $52M in 2022.
Barry McCardel, Arjun Narayan, and team — former Palantir and other data tooling backgrounds.
Data teams still juggle fragmented tools — Hex targets multiplayer analytics with shareable outputs.
No — remains private.
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By Venture Capital Tracker

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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.