Avra led a $70m Series C round in Hex.

Avra, a venture capital firm, led a $70m Series C round in Hex, an AI-powered workspace for data science and analytics, with participation from a16z, Amplify, Box Group, Redpoint, Sequoia, and Snowflake Ventures. “At Hex, we’ve long believed that our work should compound—that data teams shouldn’t be stuck rerunning the same analyses, only for their insights to disappear into a forgotten notebook or buried slide.The industry is finally waking up to what we’ve known all along: the old divide between notebooks and BI is broken. AI-native, unified tools are the future, and Hex is leading the charge to replace the outdated, fragmented data stack once and for all," Barry McCardel, Hex CEO and co-founder.