Data Analytics Platform Hex Completes $100 Million Funding Round at $1.2 Billion Valuation

TechFlow, October 28 — According to Hex's official blog, data analytics platform Hex announced it has completed a $100 million funding round at a $1.2 billion valuation. The round was led by Peak XV and 137 Ventures, with participation from Amplify, Avra, a16z, Redpoint, Sequoia, and Zero Prime. Hex also released Hex 4.0, rebuilt from scratch, featuring a native architecture for AI agents. Its core principle is 'everything is code'; it uses standard code rather than a proprietary YAML format, and enhances the reliability and scalability of data workflows across tools through context, control mechanisms, and capabilities that can be accumulated and reused.

Source: TechFlow