# Hex raises $100M Series D led by Peak XV

> Hex, based in United States, has raised $100M in a Series D led by Peak XV and 137 Ventures, announced on 27 October 2026. 6 other investors joined.

Source: https://millionrounds.com/news/rounds/hex-series-d-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$100M** 2 sources reported it

Stage **Series D** 1 earlier round on record

Investors **8** 2 named as lead

Where **US** United States

AI Big Data & Analytics

## How big is it?

Against every equity round we recorded in the twelve months to 27 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#475** equity round of the last twelve months

**#67** Series D of 96 in that time

**#303** round in United States, of 1,279

This round **$100M**

Median Series D **$150M**

Below the median Series D of the last twelve months.

## Who invested

- [**Peak XV** 52 rounds in the last twelve months *Led*](https://millionrounds.com/fund/peak-xv)
- [**137 Ventures** 6 rounds in the last twelve months *Led*](https://millionrounds.com/fund/137-ventures)

Also in the round

- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- [Redpoint](https://millionrounds.com/fund/redpoint)
- [Amplify Partners](https://millionrounds.com/fund/amplify-partners)
- [Avra](https://millionrounds.com/fund/avra)
- [Next Legacy](https://millionrounds.com/fund/next-legacy)

## Funding history

- October 2026 Series D **$100M**
- February 2022 Seed **$897K**

$101M raised across the 2 rounds we hold.

## Reported by

- Wowtale 29 October
- The SaaS News 4 November

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**Fractile** $700M Series C](https://millionrounds.com/news/rounds/fractile-series-c-2026-10)[**Serval** $150M Series C](https://millionrounds.com/news/rounds/serval-series-c-2026-10)[**Cohere** $5.0B Series E](https://millionrounds.com/news/rounds/cohere-series-e-2026-10)[U **Upwind** $400M Series C](https://millionrounds.com/news/rounds/upwind-series-c-2026-10)[**Approaching.AI** $193M Series B](https://millionrounds.com/news/rounds/approaching-ai-series-b-2026-10)[**Group14 Technologies** $169M Series D](https://millionrounds.com/news/rounds/group14-technologies-series-d-2026-10)

[The company **Hex on Millionrounds** *→*](https://millionrounds.com/company/hex)[Weekly roundup **Week of 26 October** *→*](https://millionrounds.com/news/weekly/2026-10-26)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)