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Hexa

Europe, Ile-de-France, France, Paris

Description

Hexa is a distinctive force in the European tech landscape, headquartered in Paris, France, operating primarily as a global group of startup studios rather than a conventional venture capital fund. This unique model involves identifying market opportunities, building companies from inception, and then spinning them out as independent entities. Hexa provides comprehensive support, including ideation, product development, initial funding, and operational resources, aiming to de-risk the early stages of startup creation. This hands-on approach differentiates Hexa significantly from traditional investors who typically provide capital to pre-existing teams and ideas.

At the core of Hexa's strategy are its specialized startup studios, each focusing on a specific technological vertical. eFounders, the pioneering studio, has a strong track record in building successful Software-as-a-Service (SaaS) companies, having launched over 30 ventures, including notable names like Front, Spendesk, and Aircall. Expanding its reach, Hexa also encompasses Logic Founders, dedicated to innovating within the fintech sector, and 3founders, which focuses on the rapidly evolving web3 space. For each company they build, these studios typically inject initial capital ranging from approximately $540,000 to $1,080,000 USD, providing the foundational financial runway alongside extensive operational support.

The Hexa model has proven highly effective in generating high-growth tech companies. The collective portfolio of companies built under the Hexa umbrella has attracted substantial follow-on funding from external investors, with eFounders' portfolio alone having raised over $1.5 billion in total funding. This success underscores Hexa's ability to not only conceive and build viable businesses but also to nurture them into attractive propositions for later-stage capital. Their long-term commitment and deep operational involvement, from talent acquisition to strategic guidance, are key factors in the accelerated growth and market penetration of their spun-out companies, solidifying Hexa's position as a significant company builder in the global tech ecosystem.

Investor Profile

Hexa has backed more than 49 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 4% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in France, United States, Canada.
  • Strong thematic focus on SaaS, Software, B2B.
  • Typical check size: $540K – $1.1M.

Stage Focus

  • Seed (41%)
  • Series A (27%)
  • Pre Seed (12%)
  • Series B (12%)
  • Series C (6%)
  • Series D (2%)

Country Focus

  • France (73%)
  • United States (22%)
  • Canada (2%)
  • Belgium (2%)

Industry Focus

  • Saas
  • Software
  • B2b
  • Financial Services
  • Fintech
  • Payments
  • Internet
  • Enterprise Software
  • Crm
  • Marketing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Hexa frequently co-invest with?

AS
Europe, England, United Kingdom, London
Co-Investments: 5
NextWorld Capital
North America, California, United States, San Francisco
Co-Investments: 3
Lorimer Ventures
North America, New York, United States, Brooklyn
Co-Investments: 2
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 7
Molten Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
Alven
Europe, Ile-de-France, France, Paris
Co-Investments: 6
Balderton Capital
Europe, England, United Kingdom, London
Co-Investments: 3
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 7
Eight Roads Ventures
Europe, England, United Kingdom, London
Co-Investments: 3

Which angels does Hexa often collaborate with?

AS
North America, California, United States, San Francisco
Shared Deals: 2
CK
North America, New York, United States, New York
Shared Deals: 1
LA
Europe, Monaco, Monaco
Shared Deals: 2
RP
Europe, England, United Kingdom, London
Shared Deals: 2
QN
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 2
AN
Europe, Ile-de-France, France, Paris
Shared Deals: 4
TE
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 3
ER
Europe, Ile-de-France, France, Paris
Shared Deals: 2
GR
Europe, Emilia-Romagna, Italy, Correggio
Shared Deals: 2
CB
Europe, Ile-de-France, France, Paris
Shared Deals: 3

What are some of recent deals done by Hexa?

Swan

Paris, Ile-de-France, France

Swan is a banking service platform that enables businesses to integrate embedded finance platform that integrates banking services.

BankingFinancial ServicesFinTech
Series BJan 29, 2025
Amount Raised: $43,847,423
Dotfile

Paris, Ile-de-France, France

Dotfile is the compliance control center that allows financial institutions to verify their business customers anywhere in the world.

Developer ToolsInternetSaaS
Series ASep 25, 2024
Amount Raised: $6,677,789
Upflow

New York, New York, United States

Upflow is a technology company building a payment platform for B2B businesses.

B2BBillingE-Commerce PlatformsFinancial ServicesFinTechPaymentsSaaSSoftware
Series AApr 22, 2024
Amount Raised: $5,000,000
Catalog

Paris, Ile-de-France, France

Catalog is the first plug-and-play tool exclusively designed to digitise small-to-medium B2B merchants ordering process.

Pre SeedMar 5, 2024
Amount Raised: $3,200,000
Cycle App

Paris, Ile-de-France, France

Cycle App is an all-in-one tool dedicated to product-centric teams.

InternetProject ManagementSoftware
SeedFeb 27, 2023
Amount Raised: $6,000,000
Cohort

Paris, Ile-de-France, France

Cohort is a B2B SaaS platform that leverages NFTs to reinvent the way brands attract and retain customers.

BlockchainNon-Fungible Token (NFT)SoftwareWeb3
SeedFeb 1, 2023
Amount Raised: $3,524,082
Spendesk

Paris, Ile-de-France, France

Spendesk is a smart spend management software designed for both finance teams and employees.

B2BCredit CardsFinancial ServicesFinTechPaymentsSaaSSoftware
Series CJan 18, 2022
Amount Raised: $113,285,051
Multis

San Francisco, California, United States

Multis is a crypto treasury management tool designed for web3 organizations.

BlockchainConsultingCryptocurrencyFinancial ServicesFinTechInsuranceInternetSoftwareVenture CapitalWeb3
Series ADec 17, 2021
Amount Raised: $7,000,000
Aircall

Paris, Ile-de-France, France

Aircall is a cloud-based call center software that integrates with CRM, productivity, and helpdesk tools.

AnalyticsCall CenterCloud Data ServicesCRMEnterprise ApplicationsSaaSSoftwareTelecommunicationsVoIP
Series DJun 23, 2021
Amount Raised: $120,000,000
Upflow

New York, New York, United States

Upflow is a technology company building a payment platform for B2B businesses.

B2BBillingE-Commerce PlatformsFinancial ServicesFinTechPaymentsSaaSSoftware
Series AJun 15, 2021
Amount Raised: $15,000,000