Undisclosed · Enterprise software
Hex raises $100 million alongside launch of Hex 4.0
Peak XV Partners and 137 Ventures co-lead the financing at a $1.2 billion valuation.
Hex announced a $100 million financing round on October 27, 2026, at a $1.2 billion valuation. Peak XV Partners and 137 Ventures led the round, with Amplify Partners, Avra, Andreessen Horowitz, Redpoint Ventures, Sequoia Capital and Zero Prime Ventures participating.
The capital will support hiring and go-to-market expansion as Hex introduces version 4.0 of its analytics platform. The release was rebuilt around code-based collaboration between people and AI agents, with context and controls intended to keep analytical work trusted as it moves across tools.
Use of funds
Expand the team
Scale go-to-market
Develop the agent-native analytics platform
Funding history
Undisclosed · This round$100M