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Security Type
Common Stock
Min Investment
Offering Date
August 09, 2021
Expected Close Date
February 09, 2022
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

With its integrated AI-driven data platform and compliance marketplace, HEXANIKA provides a simplified, cost-effective and labor-efficient solution to address the $181 billion industry cost associated with regulatory compliance for banks, financial institutions, insurance companies and more. This end-to-end approach provides better data quality and increased auditability to regulators. Ultimately, HEXANIKA helps to eliminate the billions in losses and fines paid by institutions that can’t keep up with compliance with their hodgepodge of manual labor and patchworked tech solutions.

Key Deal Facts

Appealing product: Within the $180 billion regulatory compliance industry, HEXANIKA has demonstrated that it is able to not only reduce the cost of compliance by 50 percent, but also output better quality and transparency of data.
Access to Roughly 80% of the Market: HEXANIKA has already formed strategic partnerships with various institutions, providing them access to customers as well as valuable insight for enabling easy adoption of their platform within existing infrastructures.
Industry Validation: HEXANIKA has received multiple awards for innovation in Regtech, including a 2018 Tokyo Financial Times Nikkei Award, a 2019 MEDICI Top 20 Award, a 2020 Citi Scalability Award and more.

Management Team / Advisory Board Bios

Yogesh Pandit, CEO
The brain behind innovation, strategy & growth.
Experience: 23+ years of experience in banking, financial services, & technology domains.
Senior Vice President at Citibank, Advisor at Ernst & Young (EY) in the Financial Services Strategy & Risk Advisory practices.
Yogesh is a CPA, and CISA, Data Science Certified from MIT and MBA.

Makarand Gadre, CTO
30+ Years at Microsoft in building EXCEL & SHAREPOINT. Have also worked & successfully scaled the technology of several startups.

Arun Iyer, CPO
Arun is a results-driven business leader with a diverse experience of 24 years in areas such as product management, consulting, practice management, business development, and customer relationship in the Banking and Financial Services domain.
* Arun is also a children's mystery/adventure novel author.
Amount Raised : $55,598
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Security Description

Common stock is a security that represents ownership in a corporation.

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