Hexa

Company Overview

Snapshot

Founded in September 2015 by Yehiel Atias, Ran Buchnik, and Jonathan Clark, Hexa operates with 51–200 employees. The company has successfully raised $33.65 million across four funding rounds from seven investors. In March 2023, Hexa secured an A Round of funding, with Point72 Ventures participating as a lead investor.

Business overview

Hexa is a rapidly expanding visualization platform that leverages proprietary technology and a 3D database to transform existing 2D images and product information into immersive content, including 3D, augmented reality (AR), and virtual reality (VR). The company's SaaS platform provides infrastructure for creating, managing, distributing, and analyzing high-quality 3D models and 360-degree experiences. Hexa primarily serves retailers and brands, enabling them to reduce visualization costs, enhance sales metrics, improve customer acquisition, and globally distribute their content. The company operates within the Business Software sector, focusing on sales and marketing solutions, particularly advertising platforms, and utilizes core technologies such as artificial intelligence and augmented reality for its simulation and imaging capabilities.

Strategic signal

In March 2023, Hexa completed a Series A funding round, raising $20.5 million. This significant capital injection, with participation from investors like Point72 Ventures, signals strong investor confidence in Hexa's 3D asset visualization and management platform. The funding is earmarked for further expansion, indicating Hexa's intent to scale its operations and extend its market reach, which could lead to increased adoption of its immersive content solutions across the retail and brand sectors.

Company Intelligence Q&A

What was Hexa's most recent funding activity?

In March 2023, Hexa completed an A Round of funding. Point72 Ventures was a lead investor in this round, which also saw participation from Sarona Ventures.

Which companies are using Hexa's platform?

Customers including Macy’s, Google, Logitech, Unity, and Crate & Barrel utilize Hexa's platform to convert imagery and product information into immersive 3D/AR/VR content.

What strategic partnerships has Hexa formed?

In May 2022, Hexa partnered with Epic Games, Microsoft, and Snapchat to expand its reach and capabilities in 3D simulation and immersive experiences. Earlier, in January 2022, Hexa collaborated with Microsoft and Snap Inc. to offer an augmented reality shopping experience, specifically for virtual try-on of NBA team merchandise.

When was Hexa founded and by whom?

Hexa was founded in September 2015 by co-founders Yehiel Atias, Ran Buchnik, and Jonathan Clark.

What is Hexa's core technology?

Hexa's core technology involves a proprietary platform and 3D database that uses AI to digitize products from existing 2D images, creating interactive 3D models for deployment across various digital channels and AR applications.