Hex

Hex

Series C+Raised Since Featured

Magic of AI meets data

A collaborative, AI-powered workspace for data science and analytics.

Founded October 2019San Francisco, CA~125 people$172M raisedFeatured at Series B
Data ScienceAnalyticsAiCollaborationNotebooksB2b SaasData VisualizationSqlPython

About

Hex is the platform where data teams do their best work. It combines a powerful notebook environment supporting SQL, Python, and R with AI-native features that let analysts and data scientists explore, analyze, and share insights collaboratively. Its reactive DAG-based compute engine ensures reproducibility, while built-in visualization and app-building tools make it easy to turn analyses into interactive data products. Founded in 2019 by a team of ex-Palantir engineers, Hex has grown to serve hundreds of data teams including Reddit, Anthropic, Figma, Notion, and the NBA. In 2025, Hex launched AI agents โ€” Threads, Semantic Model Agent, and Magic โ€” that bring conversational analytics to enterprise data workflows.

DailyDropout Take

Hex stood out as the rare data tool that data scientists actually enjoy using โ€” a collaborative notebook that felt modern, not like a Jupyter holdover. With ex-Palantir founders who deeply understand enterprise data workflows and a growing roster of customers like Anthropic and Figma, they were well-positioned to ride the AI wave before most analytics tools even started thinking about it.

Discovery signal: Strong enterprise adoption signals (Palantir-pedigree founders, Snowflake partnership), rapid community growth among data teams, and unusually high NPS for a B2B analytics tool.

What Makes Them Unique

Hex uniquely combines a reactive notebook environment with native app-building and AI agents in a single collaborative workspace, enabling data teams to go from SQL query to published data product without switching tools.

~$19.8M

ARR

~125

Team Size

~110%

YoY Revenue Growth

Target Markets

Enterprise AnalyticsData Science TeamsBusiness Intelligence

Founders

B

Barry McCardel

Co-Founder & CEO

Former product lead at Palantir Technologies where he spent 6 years building data analysis tools. CS degree from University of Virginia.

C

Caitlin Colgrove

Co-Founder & CTO

Former engineering lead at Palantir Technologies. Built large-scale data analysis and visualization systems. CS degree from MIT.

G

Glen Takahashi

Co-Founder & Chief Architect

Former software engineer at Palantir Technologies. Architected core data infrastructure and analytical tools.

Hex is hiring!

Team size: ~125

View Open Roles

Funding History

Seed$5.5M
Sep 1, 2020

Lead: Amplify Partners

Amplify PartnersBoxGroupXYZ Venture Capital
Series A$16M
Jun 1, 2021

Lead: Redpoint Ventures

Redpoint VenturesAmplify PartnersBoxGroup
Series B$52M
Mar 1, 2022

Lead: Andreessen Horowitz

Andreessen HorowitzRedpoint VenturesSnowflake VenturesAmplify PartnersSequoia Capital
Series B Extension$28M
Mar 1, 2023

Lead: Sequoia Capital

Sequoia CapitalAndreessen HorowitzRedpoint Ventures
Series C$70M
May 1, 2025

Lead: Avra Partners

Avra PartnersAndreessen HorowitzRedpoint VenturesSequoia CapitalSnowflake Ventures

Investors

Firms

Avra Partners(Lead โ€” Series C)Andreessen Horowitz(Lead โ€” Series B)Sequoia Capital(Lead โ€” Series B Extension)Redpoint Ventures(Lead โ€” Series A)Amplify Partners(Lead โ€” Seed)Snowflake VenturesBoxGroupXYZ Venture Capital

Press & News

Competitive Landscape

Last updated: Feb 10, 2026