About Hexagon
Hexagon is a company based in Houston (United States) founded in 1993 was acquired by Hexagon in November 2020. It operates as a SaaS (Software-as-a-Service), Managed Services, and Product-as-a-Service. Hexagon has raised $40 million across 1 funding round from investors including Hexagon and Tinicum. The company has 28 employees as of April 05, 2024. Hexagon offers products and services including HxGN EAM, ETQ Reliance, and Hexagon MinePlan. Hexagon operates in a competitive market with competitors including Dragos, Nozomi Networks, Xage Security, Oort and Mission Secure, among others.
- Headquarter Houston, United States
- Employees 28 as on 05 Apr, 2024
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Sectors
Technology
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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
- Date of Incorporation 02 May, 2018
- Jurisdiction Madhapur, Telangana, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2021
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Net Profit
$0 (USD)0as on Mar 31, 2021
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EBITDA
$0 (USD)0as on Mar 31, 2021
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Total Equity Funding
$40 M (USD)
in 1 rounds
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Latest Funding Round
$40 M (USD), Private Equity Round
Mar 04, 2017
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Investors
Hexagon
& 1 more
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Employee Count
28
as on Apr 05, 2024
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Acquired by
Hexagon
(Nov 04, 2020)
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Products & Services of Hexagon
Hexagon offers a comprehensive portfolio of products and services, including HxGN EAM, ETQ Reliance, and Hexagon MinePlan. 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.
Asset visibility is enhanced for better spending decisions.
Cloud-native QMS is provided for adaptable business solutions.
Short-term tactical schedules are created for open-pit mines.
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Funding Insights of Hexagon
Hexagon has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $40 million completed in March 2017. 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $40.0M
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First Round
First Round
(04 Mar 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Private Equity Round - Hexagon | Valuation | Tinicum |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hexagon and Tinicum. 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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Investment in manufacturing, distribution, and industrial technology companies.
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Founded Year | Domain | Location | |
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Hexagon is recognized for delivering advanced measurement and automation technologies.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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
| 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 |
Financial Statements - Hexagon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Dragos, Nozomi Networks, Xage Security, Oort and Mission Secure, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Threat detection is offered for industrial cybersecurity ecosystems.
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| domain | founded_year | HQ Location |
Cloud based network monitoring and threat detection solutions for ICS
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| domain | founded_year | HQ Location |
Blockchain-based security platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Identity security solutions and intelligence are provided by Oort.
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| domain | founded_year | HQ Location |
Cybersecurity solutions for ICS and SCADA threat detection are provided.
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| domain | founded_year | HQ Location |
Network and cybersecurity services are provided by CyberX.
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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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| domain | founded_year | HQ Location |
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 1993 and raised its 1st funding round 24 years after it was founded.
Where is Hexagon located?
Hexagon is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Is Hexagon a funded company?
Hexagon is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $40M, raised on Mar 04, 2017.
How many employees does Hexagon have?
As of Apr 05, 2024, the latest employee count at Hexagon is 28.
What does Hexagon do?
Hexagon is established as a leader in measurement technologies, focusing on metrology, reality capture, and positioning solutions. Operations span multiple sectors including agriculture, geospatial, industrial asset lifecycle, manufacturing, mining, and public safety. Innovative products and services are developed to enhance productivity, safety, and efficiency. Digital twins, AI-driven solutions, and robotics are integrated to transform business operations. Comprehensive workflows are provided to capture, create, and activate data across industries. Support is extended globally to address unique customer challenges through market-centric solutions.
Who are the top competitors of Hexagon?
Hexagon's top competitors include Dragos, Xage Security and Nozomi Networks.
What products or services does Hexagon offer?
Hexagon offers HxGN EAM, ETQ Reliance, and Hexagon MinePlan.
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