
Hexagon
Investments
4Portfolio Exits
1Partners & Customers
10About 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.

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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.
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.
Supply Chain & Logistics Tech
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Latest Hexagon News
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.

Hexagon Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/25/2023 | Debt | Health Payment Systems | $25M | Yes | Caltius Equity Partners, Hexagon, SV Health Investors, SVB Capital, and Undisclosed Investors | 5 |
12/16/2022 | Corporate Minority | |||||
4/20/2022 | Series B | |||||
9/11/2012 | Corporate Minority |
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 | |||
Amount | $25M | |||
New? | Yes | |||
Co-Investors | Caltius Equity Partners, Hexagon, SV Health Investors, SVB Capital, and Undisclosed Investors | |||
Sources | 5 |
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 | 2 |
Date | 9/11/2018 |
---|---|
Exit | Shareholder Liquidity |
Companies | BIMobject |
Valuation | |
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 | Acquired | 2 | ||||
12/22/2022 | Acquired | 9 | ||||
12/19/2022 | Debt | $57.5M | Acquired | 15 | ||
10/11/2022 | Other | |||||
9/1/2022 |
Date | 1/12/2023 | 12/22/2022 | 12/19/2022 | 10/11/2022 | 9/1/2022 |
---|---|---|---|---|---|
Investment Stage | Debt | Other | |||
Companies | |||||
Valuation | |||||
Total Funding | $57.5M | ||||
Note | Acquired | Acquired | Acquired | ||
Sources | 2 | 9 | 15 |
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 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 | 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 | Through the new partnership , Hexagon 's customers will be able to access the Datanomix solution more easily . | 2 | |
1/3/2023 | Partner | ||||
12/20/2022 | Licensee |
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 | ||
News Snippet | 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 . | 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 . | Through the new partnership , Hexagon 's customers will be able to access the Datanomix solution more easily . | ||
Sources | 2 | 2 | 2 |
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 | |
Name | Burkhard Boeckem | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Technology Officer | ||||
Status | Current |
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