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Startups & Venture·November 2, 2026·1 min read

Data analytics provider Hex Technologies, which says it has rebuilt its platform for AI agents, raised a $100M Series D led by Peak XV at a $1.2B valuation

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Hex throwing out its codebase to rebuild around AI agents—and getting $100M at a $1.2B valuation for it—is a clear bet that the BI front-end becomes agentic, not dashboard-driven. Analytics leaders should be testing where agents can replace static reports and which vendors are actually re-architecting versus bolting on chat.