GET A PIECE OF HEXACT
No-code workflow automation made easy
$348,409.34 Raised
REASONS TO INVEST
Hexact reached the $1M+ annual revenue milestone in 2022, having doubled our YoY revenue for three consecutive years.
The workflow automation market is on the cusp of rapid expansion, projected to reach $78B by 2030 with 37% YoY growth.*
We have over 100K users in 167 countries across 7 continents driving demand-led growth and providing continuous product feedback.
the pitch
Have you ever been at your computer working on a mundane task and thought: There has to be a better way, right?
Well, you’re not alone… Those time-consuming tasks are like kryptonite, keeping you and your team from doing your best work. The good news is that automation, data, and AI are changing the way we work. But unless you’re a developer or a larger enterprise with a sizeable budget, you’re missing out on the next industrial revolution.
Hexact is on a mission, to make automation and data truly accessible to businesses of all sizes starting from just $49/mo. Our cloud-based AI platform provides sales, marketing, and research teams with one-click access to automatic workflows, zero coding required. And we believe our diverse executive team of startup veterans with multiple exits, has the experience to bring the next industrial revolution to the masses.
Simple, accessible workflow automation software
Hexact helps businesses automate time-consuming sales, marketing, and research tasks, enabling them to stay one step ahead of their market, catch problems quickly, and optimize employees’ time. Our platform provides 1-click access to ready-made workflows to tackle common jobs to be done, so teams can focus on creativity and innovation. Our executive team, led by a startup veteran with multiple exits under his belt, hails from three different countries and speaks five languages—reflective of the growing global market we’re targeting with our products.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Problem & Our Solution
Workflow automation is vastly underutilized in most businesses
Anyone who has worked an office job has found themselves completing some type of mindless, time-consuming, and repetitive task. This type of rote work not only wastes valuable time, but is also understimulating, leaving workers feeling bored while their talents go underutilized. And despite the current revolution in automation and AI, most types of mundane tasks are still performed manually, due to budgetary and technological constraints. As much as 30% of the time and resources of skilled labor is wasted on menial tasks, resulting in major operational inefficiencies.
Hexact is here to disrupt these outdated norms and improve the modern workplace for employers and employees alike. We’re building the next generation of automation platforms, designed from the ground up to empower anyone with simple, accessible, and scalable automation. Our no-code, cloud-based platforms make it easy for sales, marketing, and research teams to quickly and seamlessly delegate tedious and repetitive tasks such as website and competitor monitoring, outbound lead-generation, and data capture, analysis, and processing.
Our mission is to make this technology available and affordable for anyone, from solopreneurs and freelancers to SMEs and even larger corporations. We keep it simple and operate on a standard SaaS model, with monthly and annual subscriptions.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Market & Our Traction
Growth in a multi-billion-dollar market
The workflow automation market is expected to hit a whopping $78B by 2030, with a CAGR of 23%. While certain major tech giants are already investing in automation, most companies haven’t even scratched the surface, providing us with enormous opportunities for growth and impact. At Hexact we’re targeting three main industry functions: Marketing, Sales, and Research. Thus far, we’ve mainly targeted U.S. customers, but we’re beginning to gain traction internationally.
Since 2019, Hexact has successfully launched four products to market and welcomed over 100,000 users, and we’ve hit the $1M mark in annual revenue for the 2022 Fiscal Year. We’ve doubled our YoY revenue for three consecutive years, thanks to demand-based growth from our active and expanding customer base. Our last two product launches leveraged a Kickstarter-style pre-launch model, generating more than $200K ahead of our public launch and attracting an engaged community of early adopters. Our customer base has been pivotal to the success of our launches, providing regular user feedback, with active involvement in R&D. Unlike other competitors in the space, Hexact does not charge a massive upfront setup cost, nor do our products require a developer to connect and implement the various services. We pride ourselves on accessibility, affordability, and simplicity.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
Why Invest
Market opportunity + user-approved products + scalability
It’s staring you right in the face: This is in the future of business intelligence solutions. Hexact checks all the key boxes: Product-market fit ✅, loyal and engaged customer base ✅, savvy and experienced leadership team ✅, ability to scale quickly ✅, and growth potential ✅. We believe we've only just tapped into a fraction of the opportunity within the U.S. and global markets, and in 2023, we hope to continue our revenue trend. With this round of investment, we’ll be expanding our business development and sales team, adding to our outbound marketing efforts, and making continuous product upgrades based on regular user feedback. We may be biased, but you don’t want to sleep on the next industrial revolution.
ABOUT
HEADQUARTERS
1250 E. Hallandale Beach Blvd
Hallandale Beach, FL 33009
WEBSITE
View Site
Hexact is a tech company with $1M in annual revenue for 2022, four live products, and over 100,000 users across 167 countries.
TEAM
Christopher George Michel Closset
CMO & Board Member
Gevorg Muradyan
Country Manager & Board Member
Stepan Aslanyan
CEO & Board Director
Vahe Sargsyan
CTO & Board Member
Armen Avak Avakian
CBDO & Board Member
TERMS
Hexact
Overview
PRICE PER SHARE
$1.23
DEADLINE
May 1, 2023
VALUATION
$10.77M
FUNDING GOAL
$10k - $999k
Breakdown
MIN INVESTMENT
$248.46
MAX INVESTMENT
$998,999.85
MIN NUMBER OF SHARES OFFERED
8,130
MAX NUMBER OF SHARES OFFERED
812,195
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives
Time-Based:
Friends and Family Early Birds
Invest within the first 7 days and receive 20% bonus shares.
Super Early Bird Bonus
Invest within the first 14 days and receive 15% bonus shares.
Early Bird Bonus
Invest within the first 30 days and receive 10% bonus shares.
Amount-Based:
$500+ | Tier 1
Invest $500+ and receive 5% Bonus Shares.
$1,000+ | Tier 2
Invest $1,000+ and receive 7% Bonus Shares.
$2,500+| Tier 3
Invest $2,500+ and receive 10% Bonus Shares + 1-year free access to 1 product of your choice.
$5,000+ | Tier 4
Invest $5,000+ and receive 15% Bonus Shares + 1-year free access to 2 products of your choice.
$10,000+ | Tier 5
Invest $10,000+ and receive 20% Bonus Shares + 1-year free access to 4 products.
Invitation to join Hexact’s LinkedIn Investor community for ALL investors
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Hexact, Inc. 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 $1.23 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $123. 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
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Jarod Rudisill
5 months ago
Hi, I have a couple of questions: What is your current cash burn? When do you expect to be profitable? Who do you consider to be competitors? What's the exit strategy and what valuation can be expected?
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Jarod Rudisill
5 months ago
Hi, I have a couple of questions: What is your current cash burn? When do you expect to be profitable? Who do you consider to be competitors? What's the exit strategy and what valuation can be expected?
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Mohammad Hossain
5 months ago
i'm very interested. can you specify % of your interest bearing debt to your total valuation?
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Mohammad Haider
7 months ago
Congrats for the progress; I am interested and have few questions.
1. Do you have option to integrate with any website-let's say costco.com, zezebuy.com etc?
2. User demographic so far. Revenue projection next few years.
3. Competitor landscape- who is closes competitor and how are you better than them? How do you compete with Monday.com or Trello?
4. Do you have any VC or angels on board? who are they. If not why yet?
5. I signed up for trying it out; can somebody provide demo as soon as possible.
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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Steven Roberts
5 months ago
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