Has Hex Killed the “Industrial Dashboard Complex”?

The ease that Hex brings to data analytics could potentially make dashboards obsolete.
“At Hex, we’ve long believed that our work should compound—that data teams shouldn’t be stuck rerunning the same analyses, only for their insights to disappear into a forgotten notebook or buried slide,” - CEO and co-founder Barry McCardel  AI-powered Business Analytics Platform Hex announced a $70 million Series C funding round to accelerate its growth and platform development. This comes three years after their $52 million Series B round in 2022, and right after their acquisition of Hashboard last month. The round was led by Avra, with continued support from major investors including Sequoia Capital, Andreessen Horowitz (a16z), Redpoint Ventures, Amplify, Box Group, and Snowflake Ventures.  Barry McCardel, CEO of Hex writes: “With this, we give ourselves th
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Picture of Mukundan Sivaraj
Mukundan Sivaraj
Mukundan covers the AI startup ecosystem for AIM Media House. Reach out to him at mukundan.sivaraj@aimmediahouse.com.
25 July 2025 | 583 Park Avenue, New York
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