Search company, investor...

Predict your next investment

Hexagon company logo
Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Manufacturing, Warehousing & Industrial Software
hexagon.com

Investments

4

Portfolio Exits

1

Partners & Customers

10

About Hexagon

Hexagon (STO: HEXA-B) is a provider of information technologies across geospatial and industrial enterprise applications. The company offers sensor solutions, software solutions, and autonomous solutions, including sensor technology-equipped metrology systems, computer-aided design (CAD) software, and computer-aided manufacturing (CAM) software. It also offers sensors for satellite positioning and capturing data from air and land, and geographic information system (GIS) software for building 3D models and maps. Hexagon caters to construction, mining, agriculture, aerospace, automotive, defense and manufacturing industries. The company was founded in 1975 and is based in Stockholm, Sweden.

Headquarters Location

Lilla Bantorget 15

Stockholm, 111 23,

Sweden

+46 8 601 26 20

Want to inform investors similar to Hexagon about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Expert Collections containing Hexagon

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Hexagon in 2 Expert Collections, including Advanced Manufacturing.

A

Advanced Manufacturing

4,067 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

S

Supply Chain & Logistics Tech

4,184 items

Latest Hexagon News

Datanomix, Hexagon: real-time factory analytics to industrial manufacturers worldwide

Feb 6, 2023

Datanomix, Hexagon: real-time factory analytics to industrial manufacturers worldwide Hexagon’s Manufacturing Intelligence division selects Datanomix for its No Operator Input approach to production monitoring and out-of-the-box data automation. The Datanomix platform delivers industry-leading innovation for manufacturers who have been let down by the complexity and lack of insight from prior generation monitoring systems. Datanomix Datanomix , maker of the industry’s only Automated Production Intelligence software platform, announced a partnership with Hexagon to offer the Datanomix software solution to its global manufacturing customers. Datanomix is well known for its industry-changing No Operator Input approach to production monitoring, which removes the common challenges and complexities companies face when deploying production monitoring solutions. Precision manufacturers looking to improve production efficiency, increase utilization, optimize cycle times, and increase part margins will benefit from the automated reports and insights that Datanomix provides. The Datanomix platform delivers industry-leading innovation for manufacturers who have been let down by the complexity and lack of insight from prior generation monitoring systems. Simply by connecting directly to manufacturing equipment, Datanomix provides automated benchmarks and scores of production performance, and delivers real-time and over-time insights that drive morning Gemba walks, shop floor problem solving, and continuous improvement initiatives. All of this is done through its unique No Operator Input approach, which eliminates the need for data entry or data crunching of any kind. Through the new partnership, Hexagon’s customers will be able to access the Datanomix solution more easily. The two companies will also begin a journey of joint development and integration of new data sources that visualize larger and larger segments of manufacturing processes, enabling business leaders to zero in on untapped layers of efficiency in their operations. “It is an honor to be selected by a manufacturing technology powerhouse to offer its customers our production monitoring software,” says John Joseph, Co-founder and CEO of Datanomix. “The highly respected Hexagon brand is present in nearly every manufacturing facility we visit and represented by a salesforce that has decades of trusted technology deployment experience. Equally important is the adjacency of various Hexagon data sources that will provide new digital fuel to build a larger picture of real-time production KPI’s for our customers. Automating production intelligence is a comprehensive vision we have that starts with productivity, and expands to other critical dimensions around the machine, parts, tools, and quality, among others.” As part of its reseller enablement program, Datanomix will train Hexagon’s customer-facing teams on selling, installing, and supporting its offerings. Hexagon will offer the Datanomix solution directly to its customers as an integrated component of its Production Software portfolio. “After evaluating a cross section of machine monitoring products on the market and then seeing the Datanomix software in action, we quickly realized that their approach to automated production intelligence – benchmarking of production KPI’s, autonomous reporting and continuous improvement guidance - clearly sets them apart from simple monitoring products,” says Chuck Mathews, general manager of production software for Hexagon’s Manufacturing Intelligence division. “The no operator input approach they’ve taken is what the industry has been waiting for in this space. Our salesforce is excited to bring this new technology to our customers, and the Datanomix platform is a natural fit for Hexagon’s data integration strategy.” “The alignment between Hexagon’s vision for autonomous manufacturing and the Datanomix vision for simple, automated production insights made this partnership very compelling for us,” says Greg McHale, co-founder and CTO of Datanomix. “Manufacturers are looking for digital leverage in everything they do – more insight, more value, and more productivity without the headaches of data crunching and complicated workflows. This relationship allows us to bring that capability to broader audiences that are hungry for insights and tired of the old way of doing things.” Hexagon will offer the Datanomix solution to its North American and European customers as part of its comprehensive solutions for machine shops in the coming months. The companies plan to make announcements about additional technology integrations subsequent to their launch. Latest from Today's Medical Developments

Hexagon Investments

4 Investments

Hexagon has made 4 investments. Their latest investment was in Health Payment Systems as part of their Debt on January 1, 2023.

CBI Logo

Hexagon Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/25/2023

Debt

Health Payment Systems

$25M

Yes

5

12/16/2022

Corporate Minority

Subscribe to see more

$99M

Subscribe to see more

10

4/20/2022

Series B

Subscribe to see more

Subscribe to see more

10

9/11/2012

Corporate Minority

Subscribe to see more

Subscribe to see more

0

Date

1/25/2023

12/16/2022

4/20/2022

9/11/2012

Round

Debt

Corporate Minority

Series B

Corporate Minority

Company

Health Payment Systems

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$25M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

10

10

0

Hexagon Portfolio Exits

1 Portfolio Exit

Hexagon has 1 portfolio exit. Their latest portfolio exit was BIMobject on September 11, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/11/2018

Shareholder Liquidity

BIMobject

$99M

2

Date

9/11/2018

Exit

Shareholder Liquidity

Companies

BIMobject

Valuation

$99M

Acquirer

Sources

2

Hexagon Acquisitions

63 Acquisitions

Hexagon acquired 63 companies. Their latest acquisition was Projectmates on January 12, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/12/2023

$99M

Acquired

2

12/22/2022

$99M

Acquired

9

12/19/2022

Debt

$99M

$57.5M

Acquired

15

10/11/2022

Other

Subscribe to see more

$99M

$99M

Subscribe to see more

10

9/1/2022

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/12/2023

12/22/2022

12/19/2022

10/11/2022

9/1/2022

Investment Stage

Debt

Other

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$57.5M

$99M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

2

9

15

10

10

Hexagon Partners & Customers

10 Partners and customers

Hexagon has 10 strategic partners and customers. Hexagon recently partnered with Sumika Polymer Compounds on January 1, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

1/24/2023

Partner

United Kingdom

Hexagon : Sumika partners with Hexagon, enabling 60% plastic carbon reduction for new vehicles by digitizing sustainable compounds for engineers

Hexagon division and Sumika Polymer , a leading manufacturer of thermoplastic compounds , have partnered to digitise the performance of new sustainable automotive-grade polypropylene compounds , enabling engineers to design components that are more recyclable and offer a lower carbon footprint for future vehicles .

2

1/24/2023

Partner

United Kingdom

11:20 ET Sumika partners with Hexagon, enabling 60% plastic carbon reduction for new vehicles by digitizing sustainable compound...

COBHAM , England , Jan. 24 , 2023 / PRNewswire / -- Hexagon division and Sumika Polymer , a leading manufacturer of thermoplastic compounds , have partnered to digitise the performance of new sustainable automotive-grade polypropylene compounds , enabling engineers to design components that are more recyclable and offer a lower carbon footprint for future vehicles .

2

1/23/2023

Partner

United States

Datanomix and Hexagon Announce Agreement to Bring Real-Time Factory Analytics to Industrial Manufacturers Worldwide

Through the new partnership , Hexagon 's customers will be able to access the Datanomix solution more easily .

2

1/3/2023

Partner

China

Subscribe to see more

Subscribe to see more

10

12/20/2022

Licensee

Germany

Subscribe to see more

Subscribe to see more

10

Date

1/24/2023

1/24/2023

1/23/2023

1/3/2023

12/20/2022

Type

Partner

Partner

Partner

Partner

Licensee

Business Partner

Country

United Kingdom

United Kingdom

United States

China

Germany

News Snippet

Hexagon : Sumika partners with Hexagon, enabling 60% plastic carbon reduction for new vehicles by digitizing sustainable compounds for engineers

Hexagon division and Sumika Polymer , a leading manufacturer of thermoplastic compounds , have partnered to digitise the performance of new sustainable automotive-grade polypropylene compounds , enabling engineers to design components that are more recyclable and offer a lower carbon footprint for future vehicles .

11:20 ET Sumika partners with Hexagon, enabling 60% plastic carbon reduction for new vehicles by digitizing sustainable compound...

COBHAM , England , Jan. 24 , 2023 / PRNewswire / -- Hexagon division and Sumika Polymer , a leading manufacturer of thermoplastic compounds , have partnered to digitise the performance of new sustainable automotive-grade polypropylene compounds , enabling engineers to design components that are more recyclable and offer a lower carbon footprint for future vehicles .

Datanomix and Hexagon Announce Agreement to Bring Real-Time Factory Analytics to Industrial Manufacturers Worldwide

Through the new partnership , Hexagon 's customers will be able to access the Datanomix solution more easily .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

2

2

10

10

Hexagon Team

11 Team Members

Hexagon has 11 team members, including current Chief Technology Officer, Burkhard Boeckem.

Name

Work History

Title

Status

Burkhard Boeckem

Chief Technology Officer

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Burkhard Boeckem

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Chief Technology Officer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare Hexagon to Competitors

One Concern Logo
One Concern

One Concern is a resilience-as-a-service solution that brings disaster science together with machine learning for better decision making. With operations in the US and Japan, the company quantifies resilience from catastrophic perils, empowering leaders to measure, mitigate, and monetize risk so disasters aren't so disastrous.

Sensat Logo
Sensat

Sensat provides a visualization platform that supports general contractors and asset owners to optimize projects. It offers a digital platform for planning, managing, and building civil infrastructure. It helps the user team to access an infrastructure site from any device to plan projects, monitor progress, take measurements, inspect details, and manage maintenance. The company was founded in 2015 and is based in London, U.K.

W
Willow

Willow creates virtual replicas of real assets called digital twins to collect, organize, and analyze data. The data is stored in a cloud based platform which assists in taking asset management decisions. It caters to retail, mining, real estate, and rail. It also offers a range of products, namely WillowTwin Platform, and Willow Marketplace. It empowers asset owners and operators to make proactive, data-led decisions through the power of WillowTwin. The company was founded in 2017 and is based in Sydney, Australia.

WRLD Logo
WRLD

WRLD is a dynamic 3D mapping platform to create digital twins for smart cities and buildings, gaming, AR/VR experiences, and more.

Immense Simulations Logo
Immense Simulations

Immense Simulations has developed AI-powered simulation smart city software to make transport planning faster and safer. Immense provides highly-detailed, agent-based simulations of travelers, places and mobility systems that enable rapid operational understanding of how a city moves.

Cognata Logo
Cognata

Cognata provides autonomous robotics simulation platform for autonomous vehicles, defense, agriculture, construction, mining, and warehouse industries. It provides AV simulation, off-road simulation, and sensor simulation. The company was founded in 2016 and is based in Rehovot, Israel.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.