Hexagon Bio

Menlo Park, United States Founded: 2017 • Age: 9 yrs
Bioinformatics tools are provided for analyzing microbial genomic sequencing data.

About Hexagon Bio

Hexagon Bio is a Healthcare company based in Menlo Park (United States) founded in 2017. Bioinformatics tools are provided for analyzing microbial genomic sequencing data. Hexagon Bio has raised $205.6 million across 5 funding rounds from investors including CPP Investments, SoftBank Vision Fund and The Column Group. The company has 34 employees. Its Indian entity Hexagon Bio Organics Private Limited reported revenue of β‚Ή3.81 Cr. Hexagon Bio offers products and services including Science Platform and Antibody Drug Conjugates. Its focus areas include Life Sciences, Genomics, Genomics Services and Bioinformatics. Its competitors include Seven Bridges Genomics, Ingenuity Systems and Tessera Therapeutics; 3 of its 3 listed competitors have raised funding.

Company details

Hexagon Bio was founded in 2017 and is based in Menlo Park, United States. Operations focus on the bioinformatics sector, where tools are developed for processing microbial genome sequencing data. Researchers utilize the platform to examine sequencing outputs and pinpoint small-molecule drug candidates for therapeutic uses across various applications. Services emphasize data analysis support in biotechnology and pharmaceuticals.

  • Headquarters Menlo Park, United States
  • Employees 34
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website hexagonbio.com
  • Social LinkedIn X
  • Legal Name Hexagon Bio, Inc.
  • Date of Incorporation 18 May, 2012
Key Metrics
  • Indian entity revenue
    ₹3.81 Cr

    FY 2024 · -36% YoY

  • Indian entity net profit
    ₹2.8 Lakh

    FY 2024 · 1% margin

  • Indian entity EBITDA
    ₹4.6 Lakh

    FY 2024 · 1% margin

  • Total Equity Funding
    $205.6M (USD)

    in 5 rounds

  • Latest Funding Round
    $77.3M (USD), Series B

    Sep 2022

  • Investors
  • Employee Count
    34

Products & Services of Hexagon Bio

Hexagon Bio offers a comprehensive portfolio of products and services, including Science Platform and Antibody Drug Conjugates.

Science Platform
Drug Discovery Platform

Platform for mining genomes and developing novel ADC payloads using computation.

Antibody Drug Conjugates
Therapeutic Development

Solutions for creating next-generation cancer treatments with orthogonal mechanisms.

Funding Insights of Hexagon Bio

Hexagon Bio has successfully raised a total of $205.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $77.3 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $205.6M
  • Total Rounds 5
  • Last Round Series B β€” $77.3M
  • First Round $8.3M

    (Jun 2017)

  • Investors Count 7

All 5 funding rounds of Hexagon Bio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$77.3MSeries B––
Jun 2021$61MSeries B–Nextech Invest
Sep 2020$47MSeries A–TCG, Two Sigma Ventures
–
Apr 2018$12MSeries A––
–
Jun 2017$8.3MSeries A––
–
Valuation history

7 investors in total: 7 institutional.

Investors in Hexagon Bio

Hexagon Bio has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include CPP Investments, SoftBank Vision Fund and The Column Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage investments in US life science startups are focused on.
2007thecolumngroup.comSan Francisco, United States
Early-stage investments in tech sectors are managed by the firm.
twosigmaventures.comNew York, United States
Venture capital firm investing in technology, life sciences, and related sectors.
8vc.com
PE firm investing in the US
nextechinvest.comZurich, Switzerland
Venture capital investments in technology and startups.
2016visionfund.comLondon, United Kingdom
Investing in Life Sciences sectors like Healthcare and Biotechnology.
casdincapital.com
Pension fund assets are managed for sustainable long-term growth.
1997cppinvestments.comToronto, Canada
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Investor details for Hexagon Bio

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Board of directors of Hexagon Bio Organics Private Limited (Hexagon Bio)

Hexagon Bio Organics Private Limited is the primary company behind Hexagon Bio. The board of Hexagon Bio Organics Private Limited currently have 2 directors; the longest-serving is Reshma Begum, appointed in 2012.

DirectorDesignationAppointedTenureEntity
Reshma Begum
DIN 05224641
Director18 May 201214 yrs 5 moHexagon Bio Organics Private Limited
Mohammed Abdul Hakeem
DIN 05224649
Director18 May 201214 yrs 5 moHexagon Bio Organics Private Limited

People of Hexagon Bio

40 people are tracked at Hexagon Bio (11 in leadership, 12 in board & advisors, 17 in team); the tracked headcount is 34.

NameRoleGroup
Natacha Le Moan
VP, BiologyLeadership
Maureen Hillenmeyer
CEO & FounderLeadership
Corey Reeves
Senior Director, Head of Medicinal ChemistryLeadership
Andy Aymeloglu
Head of EngineeringLeadership
Georgia Campbell
Head Of OperationsLeadership
Tara Arvedson
Chief Scientific OfficerLeadership
Phoebe Leong
Senior Director, Lab OperationsLeadership
Kunal Patel
Svp, Head Of Business DevelopmentLeadership
Amandeep Gakhal
Senior Director - ADC & Cell Biology, Late DiscoveryLeadership
Joe Spraker
Director - Fungal Genetics/sequence The EarthLeadership
J. Colin Cox
Senior Director Of AutomationLeadership
David Goeddel
DirectorBoard & advisors
Alex Kolicich
DirectorBoard & advisors
Juan Jaen
DirectorBoard & advisors
Millie Ray
DirectorBoard & advisors
Eva Nogales
AdvisorBoard & advisors
Steven McKnight
AdvisorBoard & advisors
John Josey
AdvisorBoard & advisors
Davide Ruggero
AdvisorBoard & advisors
Frank C. Schroeder
AdvisorBoard & advisors

20 more people are available in the full profile.

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Complete people profiles for Hexagon Bio

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Financials of Hexagon Bio

Figures of Hexagon Bio Organics Private Limited, the primary company behind Hexagon Bio, for FY 2024. Revenue was ₹3.81 Cr (-36% year on year). Net profit was ₹2.8 Lakh (1% margin). EBITDA was ₹4.6 Lakh (1% margin). Revenue has grown at a compounded annual rate of -16% over three years and +13% over five years.

  • ₹3.81 CrRevenue · FY 2024 · -36% YoY
  • ₹2.8 LakhNet profit · 1% margin
  • ₹4.6 LakhEBITDA · 1% margin
  • ₹1 LakhPaid-up capital
  • -16%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hexagon Bio Organics Private Limited are on its company page.

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Detailed financial statements for Hexagon Bio

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Timeline of Hexagon Bio

3 dated milestones of Hexagon Bio across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hexagon Bio is founded.
  2. Funding First funding round of $8.3M.
  3. Funding Latest funding round, Series B, of $77.3M.

Competitors of Hexagon Bio

Hexagon Bio has 3 listed competitors in our database, 3 of them funded. They include Seven Bridges Genomics, Ingenuity Systems and Tessera Therapeutics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sevenbridges.com2009Cambridge, United States$113M112
Cloud-based platform to analyze, store, and act on genomic data.
ingenuity.com1998Redwood, United States$20.4M30
Genomic data is analyzed and interpreted via web-based applications.
tesseratherapeutics.com2017Cambridge, United States$610M149
New genome engineering technology is provided for treating multiple diseases.
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Detailed competitors of Hexagon Bio

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Web traffic of Hexagon Bio

The website of Hexagon Bio (hexagonbio.com) receives about 5.6K visits a month.

  • Monthly visits
    5.6K

    ▲ 31.8% vs previous month

Top companies in Genomics & Gene Therapy Platforms

3 companies that operate in the same segment as Hexagon Bio (Genomics & Gene Therapy Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Related news about Hexagon Bio

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Frequently Asked Questions about Hexagon Bio

Hexagon Bio was founded in 2017.

Hexagon Bio is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Hexagon Bio is a funded company, having raised a total of $205.6M across 5 funding rounds to date. The company's 1st funding round was a Series A of $8.3M, raised on Jun 2017.

Hexagon Bio has 34 employees.

The primary company behind Hexagon Bio, Hexagon Bio Organics Private Limited, reported revenue of β‚Ή3.81 Cr for FY 2024, down 36% year on year.

Hexagon Bio was founded in 2017 and is based in Menlo Park, United States. Operations focus on the bioinformatics sector, where tools are developed for processing microbial genome sequencing data. Researchers utilize the platform to examine sequencing outputs and pinpoint small-molecule drug candidates for therapeutic uses across various applications. Services emphasize data analysis support in biotechnology and pharmaceuticals.

Hexagon Bio's top competitors include Tessera Therapeutics, Ingenuity Systems and Seven Bridges Genomics.

Hexagon Bio offers Science Platform and Antibody Drug Conjugates.

Hexagon Bio has 7 investors. Key investors include CPP Investments, SoftBank Vision Fund, The Column Group, Two Sigma Ventures, and 8VC.

Hexagon Bio operates through Hexagon Bio Organics Private Limited.

The legal entities of Hexagon Bio currently have 2 directors, including Reshma Begum, Mohammed Abdul Hakeem.

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