Hex is building a collaborative data workspace that enables teams to analyze, visualize, and share interactive insights. Founded by former Palantir execs Barry McCardel, Caitlin Colgrove, and Glen Takahashi, Hex combines flexible notebooks, automation, and no-code accessibility.
Today over 500 companies including Brex, Notion, and Fivetran use Hex to explore data, build models, and create shareable dashboards and apps without coding. It makes robust analysis seamless for both technical data scientists and business analysts across the organization.
Looking forward, surging corporate data volumes present tailwinds. As organizations rely more heavily on data-driven decision-making, they need better ways to extract and disseminate insights. Hex sits at the intersection of the $93 billion data science platform market and $241 billion big data analytics market, both growing at double-digit rates annually.
By joining Hex's 100+ person team, you have the opportunity to lead the next wave in data collaboration and workplace analytics. Risks remain in overtaking deeply entrenched incumbent tools and penetrating large enterprises. For instance, most B2B organizations use a single company-wide analytics platform (e.g., Tableau). The longer a company stays with one service over another, the higher the switching costs become. This puts the onus on Hex to communicate how they are superior to existing solutions. But with founding leadership experience, top-tier backing from the likes of a16z and Sequoia, and strong early growth, Hex is positioned as a next-generation analytics leader.
2019
Founded
100-250
Employees
Series B
Stage
$250-$500M
Latest Valuation
$100-200M
Total Funding
Mar 23 2023
Last Fundraise
Why is the rating
Historical Peer Benchmarks
![Vidyard logo](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fsmall%2Fvidyard.png&w=96&q=75)
Vidyard 2016
$350M (2016)
$580M (2020)
![Ironclad logo](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fsmall%2Fironclad.png&w=96&q=75)
Ironclad 2019
$400M (2019)
$3.2B (2022)
![Checkr logo](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fsmall%2Fcheckr.png&w=96&q=75)
Checkr 2016
$360M (2016)
$4.60B (2021)
Founders
![Barry McCardel](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Ffounders%2F33f01492-147c-11ee-976a-5ed4ad23dee1.png&w=64&q=75)
Barry McCardel
- Senior Director of Operations & Strategy at TrialSpark (backed by Thrive Capital), Team Lead at Palantir
![Caitlin Colgrove](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Ffounders%2F342e8bb4-147c-11ee-976a-5ed4ad23dee1.png&w=64&q=75)
Caitlin Colgrove
- Engineering Group Lead at Palantir, Director of Engineering at Remix (acq. by Via)
![Glen Takahashi](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Ffounders%2F346fd736-147c-11ee-976a-5ed4ad23dee1.png&w=64&q=75)
Glen Takahashi
- Engineering Manager at TrialSpark (backed by Thrive Capital), Engineer at Palantir
Top Previous Employers
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Domino Data Lab
![Google](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fprev-company-logos%2Fgoogle.png&w=64&q=75)
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Looker
![Meta](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fprev-company-logos%2Fmeta.png&w=64&q=75)
Meta
![Palantir Technologies](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fprev-company-logos%2Fpalantirtechnologies.png&w=64&q=75)
Palantir Technologies
Investors
![Andreessen Horowitz](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fvc%2Fandreessenhorowitz.jpeg&w=128&q=75)
Andreessen Horowitz
Coinbase, Slack, Flexport
![Redpoint Ventures](/_next/image?url=https%3A%2F%2Fprospect-logos.s3.us-west-2.amazonaws.com%2Fvc%2Fredpointventures.jpeg&w=128&q=75)
Redpoint Ventures
Stripe, Snowflake, Twilio