About Hexagon
Hexagon is a company based in Stockholm (Sweden) founded in 1980. It operates as a AI-as-a-Service, Product-as-a-Service, and Managed Services. Hexagon has completed 60 acquisitions, including AGTEK, AMendate and AcceleratorKMS. Hexagon offers products and services including Hexagon Robotics, Digital Twins, and HxGN EAM. Hexagon operates in a competitive market with competitors including Matterport, Allvision, Productive Machines, DesignX and Prodea, among others.
- Headquarter Stockholm, Sweden
- Stage Public
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Hexagon Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$200 K (USD), Grant
Feb 26, 2024
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
AGTEK
& 59 more
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Products & Services of Hexagon
Hexagon offers a comprehensive portfolio of products and services, including Hexagon Robotics, Digital Twins, and HxGN EAM. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced robotics solutions are provided for industrial automation.
Digital twins are created for actionable industrial insights.
Asset visibility is enhanced for better spending decisions.
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Software Development Team
72 people
Leadership Team
38 people
Creative and Marketing Team
11 people
Senior Team
11 people
Member Team
8 people
Sales and Marketing
8 people
Legal and Compliance
8 people
Finance and Accounting
7 people
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Funding Insights of Hexagon
- Total Funding Total Funding
- Total Rounds 11
- Last Round Grant — $200,000
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First Round
First Round
(01 Dec 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Grant - Hexagon | Valuation |
investors |
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| Jan, 2023 | Amount | Grant - Hexagon | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - Hexagon | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hexagon
Hexagon has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, LIFT Ecosystem Accelerator and National Science Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hexagon
Hexagon has strategically engaged in corporate development activities, having acquired 60 companies. Notable acquisitions include AGTEK, AMendate and AcceleratorKMS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based infield knowledge management platform is utilized by field workers.
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2020 | ||||
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Automated topology optimization software is provided for additive manufacturing.
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2018 | ||||
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Offers data management and AI solutions for predictive analytics in manufacturing.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hexagon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hexagon Comparisons
Competitors of Hexagon
Hexagon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Matterport, Allvision, Productive Machines, DesignX and Prodea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of cloud and AI-based virtual tour solutions for construction professionals
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| domain | founded_year | HQ Location |
Provider of an AI-based spatial data platform
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| domain | founded_year | HQ Location |
Machining toolpaths are optimized through specialized software.
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| domain | founded_year | HQ Location |
Provider of manufacturing operations management tool
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| domain | founded_year | HQ Location |
Cloud-based IoT solutions with monitoring and analytics are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hexagon
Frequently Asked Questions about Hexagon
When was Hexagon founded?
Hexagon was founded in 1980 and raised its 1st funding round 29 years after it was founded.
Where is Hexagon located?
Hexagon is headquartered in Stockholm, Sweden.
Who is the current CEO of Hexagon?
Anders Svensson is the current CEO of Hexagon.
What does Hexagon do?
Hexagon is engaged in providing cutting-edge solutions in metrology, reality capture, and positioning technologies. The company serves vital industries such as construction, manufacturing, mining, and public safety with innovative tools for productivity, quality, and sustainability. Advanced robotics, AI-driven systems, and digital twins are developed to enhance automation and decision-making. Operations span across geospatial mapping, industrial asset management, and safety solutions, ensuring precision and efficiency in complex workflows.
Who are the top competitors of Hexagon?
Hexagon's top competitors include Matterport, Productive Machines and DesignX.
What products or services does Hexagon offer?
Hexagon offers Hexagon Robotics, Digital Twins, and HxGN EAM.
How many acquisitions has Hexagon made?
Hexagon has made 60 acquisitions, including AGTEK, AMendate, and AcceleratorKMS.
Who are Hexagon's investors?
Hexagon has 3 investors. Key investors include European Union, LIFT Ecosystem Accelerator, and National Science Foundation.
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