About HexClad
HexClad is a company based in Los Angeles (United States) founded in 2016.. HexClad has raised $100 million across 1 funding round from investors including Studio Ramsay. HexClad operates in a competitive market with competitors including Juicero, MagicalButter, Bodum, BotPot and Misen, among others.
- Headquarter Los Angeles, United States
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Series D
Jul 16, 2024
- Investors
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Employee Count
Employee Count
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Funding Insights of HexClad
HexClad has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series D round of $100 million completed in July 2024. 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 Series D — $100.0M
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First Round
First Round
(16 Jul 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series D - HexClad | Valuation | Studio Ramsay Global |
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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 HexClad
HexClad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Studio Ramsay. 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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Studio Ramsay is engaged in producing television and digital content.
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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 HexClad
| 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 - HexClad
| 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 |
Hexclad Comparisons
Competitors of HexClad
HexClad 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 Juicero, MagicalButter, Bodum, BotPot and Misen, 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 |
Delivers IoT-enabled kitchen juicers for efficient home juicing.
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| domain | founded_year | HQ Location |
Automatic blenders for herbal infusions are offered online.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand for multicategory kitchen supplies.
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| domain | founded_year | HQ Location |
Offers a direct-to-consumer brand of autonomous cooking devices.
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| domain | founded_year | HQ Location |
Kitchen supplies are offered by an internet-first brand.
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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 Hexclad
Frequently Asked Questions about HexClad
When was HexClad founded?
HexClad was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is HexClad located?
HexClad is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of HexClad?
Daniel Winer is the current CEO of HexClad.
Is HexClad a funded company?
HexClad is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series D of $100M, raised on Jul 16, 2024.
What does HexClad do?
HexClad was founded in 2016 in Los Angeles, United States, as an internet-first brand in the kitchenware sector. Cookware, pans, dishes, and plates are included in the product catalog, with items constructed from stainless steel for compatibility with gas and induction cooktops. Operations focus on direct online sales, and free shipping is offered to customers.
Who are the top competitors of HexClad?
HexClad's top competitors include MagicalButter, Misen and KMN Home.
Who are HexClad's investors?
HexClad has 1 investor. Key investors include Studio Ramsay.