The Hexanika offering is now closed and is no longer accepting investments.


Succeed With Data


Succeed With Data

Little Rock, AR
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.


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Price per Share
Min. Investment
Shares Offered
Offering Type
Offering Max
Days Left
This offering ended on February 10, 2022 and is no longer accepting investments.

Reasons to Invest

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

HEXANIKA delivers useable data and robust regulatory reporting at the speed of now

Imagine an industry in which human error costs $400 billion.

Now imagine a platform that could eradicate that error through artificial intelligence and automation, saving its clients millions of dollars in the process.


We’re eliminating the need for fragmented and faulty solutions for businesses dealing with lots of data and high regulatory compliance demands. Using our SmartJoin and SmartReg proprietary technologies, we’ve already helped our customers save up to 50 percent in costs, speed up their onboarding up to 70 percent, and provided quality compliance results with 100% "auditability."

And with a 2020 Scalability Award from Citi under our belt, we’re just getting started.

The Problem

Banks have more than information at their fingertips; they also have colossal management and regulatory compliance tasks on their hands

Unfortunately, the cost of data management and compliance is often so burdensome on small institutions that these businesses are forced to make tough choices about where their company is going—if anywhere at all.

In the last couple of years, $400 billion was assessed in non-compliance fines alone. That’s more than just a small error here and there, yet with ever-changing and increasingly complicated regulations, it can be nearly impossible for companies to keep up.

The Solution

HEXANIKA is a streamlined AI solution that saves businesses time and money

Our AI software simplifies the process by automating data management and regulatory compliance. With HEXANIKA, companies no longer have to rely on hours upon hours of manual labor to keep up with compliance demands. With fewer labor costs and no more fines, our customers can expect their cost of compliance to be reduced by 50 percent or more.

The Market

Each year, billions and billions of dollars are being spent on compliance 

In 2020, it was estimated that global financial services companies would spend $181 billion in compliance costs*.

While overall spend for Regulatory Compliance is over $181B, just $4 billion of that money was spent on RegTech solutions, with only 17 percent of companies have implemented this type of system. That leaves our addressable market at approximately $177 billion.

*Not including the $400 billion in fines previously mentioned.

Our Traction

Our award-winning product provides impressive customer results

Post the launch of the product in Q4 2019, in 2020, we saw approximately $1.4 million in revenue from customers using our award-winning product. Using our all-in-one platform, our customers have been able to eliminate their complicated and costly multi-step solutions and replace them all with HEXANIKA.

Customer success stories include:

  • At the 13th largest bank in the US HEXANIKA delivered more than 50% cost savings

  • HEXANIKA also increased compliance processing time by 50% with 100% "auditability" for Citibank

  • Our product was able to execute 50-70% faster onboarding for RSM, the fifth-largest accounting firm in the United States

  • And there are many more…..

As a SaaS company, HEXANIKA has been making excellent progress with small and midsize institutions, with an estimated pipeline of more than $15M.

We’ve formed strategic partnerships with a global financial services firm, a global accountancy firm, and a mainframe provider to work with their clients, giving us access to 80 percent of the industry partners we’re seeking.

Some successful partners stories include:

  • ICBA -The largest Independent Banking Association (ICBA) has become an investor in HEXANIKA. ICBA also promotes HEXANIKA through its forums, webinars, and preferred THINKTech Network

  • FIS - HEXANIKA also graduated from the FIS VC program and signed a reseller and distribution agreement. FIS is the largest FinTech firm in the world.

  • Amazon AWS - HEXANIKA is now in the Amazon AWS marketplace and has recently announced a partnership.

  • IBM - HEXANIKA recently became formal Integrated System Vendor and Silver Partner of IBM

  • RSM - RSM which is the 5th largest accounting and consulting firm serving midsize banks is a customer, has built compliance solutions in HEXANIKA’s SmartReg marketplace, and has serviced its banking customers by using HEXANIKA’s product.

  • And there are many more…..

What We Do

HEXANIKA does the majority of the work associated with consuming, processing and reporting data

Using automated AI algorithms and without human intervention, HEXANIKA is able to:

  • Consume and read heterogeneous data files including PDF, Word, plain text, and Excel files;
  • Convert, prepare and aggregate the data into a format that allows for compliance reporting; and
  • Read regulations automatically, prepare the business logic and reports that get submitted to regulators.

The Business Model

Priced separately, SmartJoin and SmartReg work together to meet customers’ exact needs 

Our pricing strategy combines two different models working in conjunction. These are based on the two components that make up our platform. In cloud, SaaS customers can also pay for proportionate use of the data platform based on quantity of data and processing. This makes pricing scalable, affordable and flexible for smaller institutions:

How We Are Different

As far as we’re aware, no other software on the market is as smart—or as seamless—as HEXANIKA

  • End-to-End: From original regulations and raw data to end reports aka with its philosophy of “From Regulations to Regulators” this product does it all by using proprietary SmartJoin and SmartReg technology; no more patchworking together multiple software and human labor to get results
  • Automated with AI and self-servicing with UI: Using AI algorithms, HEXANIKA writes code itself  without input from software developers or engineers making it a “Low Code-No code” solution. In some cases it also intelligently predicts the code to be written based on data.
  • Standardized: Once the data is in the platform, HEXANIKA proprietary patent-pending cascading rules engine automatically routes its reports where they need to go, avoiding the need for manual submission

The Vision

We intend to automate the industry with our unique end-to-end solution

Within the next five years, we see ourselves as a leader in the driverless data management platforms and marketplace for the RegTech and compliance industries. 

We believe our revenue potential as a one-stop-shop for compliance and financial services will soar as more and more companies experience the immense value of what we are providing.


Decades of collective experience in financial services and technology

Yogesh Pandit | Founder & CEO

  • 25 years of financial services experience with Ernst & Young and Citi

Makarand Gadre | CTO

  • 30+ years of experience; built Excel and SharePoint at Microsoft

Arun Iyer | CPO

  • 30+ years experience; built and deployed large products at Cognizant

Why Invest

Invest in HEXANIKA. It’s the Smart thing to do.

HEXANIKA is doing more than saving businesses time and money. We’re fixing a broken system in which even companies putting in maximum effort are bound to slip up. 

We feel confident that our platform will permeate the market once more and more businesses see what our Smart tech is capable of. 

Be Smart. Join us today.

In the Press

RevTech Labs

RevTech Labs reveals Class 14 cohort


A List Of Fintech Firms Providing Free Technology During The Coronavirus Crisis

Independent Banker

The fintechs building community bank innovation

The Business Journal

RevTech Labs reveals Class 14 cohort

Business Journal-St. Louis

SixThirty goes global with newest investment portfolio

Cision PR News

Plug and Play Singapore Announces First Batch of Startups Selected For Its Fintech and Insurtech Program


The 100 most innovative RegTech companies and start-ups

Independent Banker

The fintechs building community bank innovation


Hexanika Looks to Lead the RegTech Revolution



CIO Views

Yogesh Pandit: Enabling Clients to Succeed with Data

Arkansas Business

Venture Center Names 10 Firms in New Fintech Accelerator


The Venture Center

#FounderFeature with Yogesh Pandit | Founder + CEO, HEXANIKA

Hindustan Times

Startup mantra: Lessons from 2020 drive wishlist for 2021

The Courier

Banking Automation and Roboadvisors Market (2021-2027) | Potential growth, attractive valuation make it is a long-term investment

Go Medici

MEDICI Top 21 - RegTech Awards: Unveiling Leaders Building the Future of Regulatory Compliance

Offering Summary



Hexanika, Inc.

Corporate Address


419 Main St Suite 200 North, Little Rock, AR 72114

Offering Minimum



Offering Maximum



Minimum Investment Amount

(per investor)




Offering Type



Security Name


Common Stock

Minimum Number of Shares Offered



Maximum Number of Shares Offered



Price per Share



Pre-Money Valuation




Friends and Family Early Birds

Invest within the first 48 hours and receive additional 20% bonus shares

Super Early Bird Bonus

Invest within the first week and receive additional 15% bonus shares

Early Bird Bonus

Invest within the first two weeks and receive an additional 10% bonus shares 



Tier 1

Invest $500 and receive 2% bonus shares


Tier 2

Invest $1,000 and receive 5% bonus shares


Tier 3

Invest $2,500 and receive 7% bonus shares


Tier 4

Invest $5,000 and receive 10% bonus shares


Tier 5

Invest $10,000 and receive 15% bonus shares

The 10% StartEngine Owners' Bonus

Hexanika will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $14 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $1,400. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail. Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$350,959.00 USD
$944,575.00 USD
Cash And Cash Equivalents
$40,448.00 USD
$736,601.00 USD
Accounts Receivable
$101,932.00 USD
$0.00 USD
Short Term Debt
$26,298.00 USD
$26,298.00 USD
Long Term Debt
$410,337.00 USD
$410,337.00 USD
Revenues And Sales
$1,395,625.00 USD
$87,500.00 USD
Costs Of Goods Sold
$650,270.00 USD
$842,295.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$745,355.00 USD
-$754,795.00 USD


A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].


As you might know, Hexanika has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Hexanika be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.


Valuation Update.

6 months ago

Dear Investors:

 HEXANIKA would like to publicly address the StartEngine platform in regard to concerns related to the market valuation of the company and the dilution of shares upon the next financing round. Our $14M valuation is based on a prior funding round as well as calculation through the use of a 10x revenue multiple. While there are 1,000,000 shares currently outstanding, 642,579 additional shares will be issued and are due to convertible notes and employee sweat equity that will be converted to common shares. This conversion will only be triggered when we successfully complete a $2.5M financing round in the future. Please note that the pre-money market valuation does not take into account any outstanding convertible securities, this has been included in company securities as well as the valuation section. The Company currently has $830,071 in convertible notes outstanding.

Please feel free to reach out with any further questions regarding dilution, valuation, etc. 


New Client

9 months ago

HEXANIKA signs a contract and partnership with one of the largest Fintech lenders for helping them to attain their strategic data journey via innovation. We look forward to building and taking this partnership to the next level.” - Hexanika CEO Yogesh Pandit

More on this in a later update!"

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