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Company profile: Hex

1.1 - Company Overview

Hex Logo

Hex

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of a unified, AI-powered collaborative data workspace combining SQL, Python, R, and no-code tools in a notebook interface to analyze data, build interactive dashboards and data apps, and share insights. Features include real-time collaboration, AI-assisted code generation, visualization, built-in data connections, dbt integration, and remote Python execution via Snowpark and Spark.

Products and services

  • Collaborative Data Workspace: Engineers a unified collaborative notebook interface integrating SQL, Python, R, and no-code to architect queries, notebooks, reports, data apps, with real-time collaboration, AI-assisted code generation, and visualization
  • Interactive Dashboards and Data Apps: Delivers drag-and-drop tools for creating interactive reports, dashboards, and data apps, featuring a layout builder to assemble components and share insights with teams
  • Magic AI: AI-powered tool that generates queries, code, and visualizations from user prompts to kickstart analysis, accelerating exploratory work and chart creation directly within the workspace

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Hex

Chartio Logo

Chartio

HQ: United States Website
  • Description: Provider of a cloud-based data exploration and visualization platform that helps businesses analyze and track critical data via an intuitive drag-and-drop interface, enabling users to connect data sources, explore, transform, and build powerful dashboards without SQL knowledge.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Chartio company profile →
SSB Logo

SSB

HQ: United States Website
  • Description: Provider of business intelligence solutions delivering a consistent, reliable view of information across organizations. Specializes in the design, development, and implementation of business intelligence and collaborative solutions, backed by over 50 years of combined experience in project management and implementation rooted in Big Four accounting and consulting practices.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full SSB company profile →
Lone Star Analysis Logo

Lone Star Analysis

HQ: United States Website
  • Description: Provider of business analysis and decision-support software and services for aerospace and defense contractors, improving operational performance, monetary savings, and risk reduction via advanced analytics and deep industry data. Solutions include TruNavigator MAX with AnalyticsOS, TruPredict, TruProcess, Evolved AI, and MaxUp, plus probability-of-win analysis and competitive influenced uptake simulations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Lone Star Analysis company profile →
Elastic Logo

Elastic

HQ: United States Website
  • Description: Provider of the open-source Elastic Stack (Elasticsearch, Kibana, Beats, Logstash), commercial features via X-Pack, and Elastic Cloud SaaS to make data usable in real time and at scale for search, logging, security, and analytics, with a low-latency, AI-optimized architecture; over 250 million cumulative downloads.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Elastic company profile →
Celect Logo

Celect

HQ: United States Website
  • Description: Provider of a cloud-based predictive analytics SaaS platform that helps retailers optimize inventory portfolios across stores and the supply chain, specializing in assortment optimization, predictive personalization, and markdown optimization, resulting in double-digit percentage revenue increases.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Celect company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Hex

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Hex

2.2 - Growth funds investing in similar companies to Hex

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4 - Top valuation comps for Hex

4.2 - Public trading comparable groups for Hex

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4.3 - M&A Transactions similar to Hex

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Hex

What does Hex do?

Hex is a provider of a unified, AI-powered collaborative data workspace combining SQL, Python, R, and no-code tools in a notebook interface to analyze data, build interactive dashboards and data apps, and share insights. Features include real-time collaboration, AI-assisted code generation, visualization, built-in data connections, dbt integration, and remote Python execution via Snowpark and Spark.

Who are Hex's competitors?

Hex's competitors and similar companies include Chartio, SSB, Lone Star Analysis, Elastic, and Celect.

Where is Hex headquartered?

Hex is headquartered in United States.

How many employees does Hex have?

Hex has 1,000 employees 🔒.

When was Hex founded?

Hex was founded in 2010 🔒.

What sector and industry vertical is Hex in?

Hex is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Hex

Who are the top strategic acquirers in Hex's sector and industry

Top strategic M&A buyers and acquirers in Hex's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Hex?

Top strategic M&A buyers groups and sectors for Hex include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Hex's sector and industry vertical

Which are the top PE firms investing in Hex's sector and industry vertical?

Top PE firms investing in Hex's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Hex's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Hex's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Hex's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Hex include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Hex's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Hex?

The key public trading comparables and valuation benchmarks for Hex include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Hex for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Hex with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Hex's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Hex with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Hex's' sector and industry vertical?

Access recent funding rounds and capital raises in Hex's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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