NewtonX
335 Madison Avenue #5D, New York, 10017, United States
Overview
NewtonX developed search technology and a knowledge graph to match research questions to verified experts within an open network of more than 1 billion professionals, providing on-demand B2B insight. The company focuses on automating expert recruitment and verification to deliver high-quality, enterprise-grade research faster. NewtonX works with more than 200 companies, including Pinterest, and sells to consulting firms, financial institutions, market-research firms and mid-sized companies. It is growing 100% year over year and has expanded headcount from 45 a year ago to 80 today, with plans to exceed 200 employees by the end of 2022. CEO Sascha Eder said the business was close to the path of profitability but raised new capital to prioritize growth. The company plans to invest heavily in product-suite development, automation and AI, and to build out marketing, sales and engineering teams. NewtonX, founded by Germain Chastel, Sascha Eder, and Anuja Ketan in early 2017, operates a knowledge access platform that matches business clients with vetted experts. The company offers two core products: Expert Calls (single-expert consultations) and Expert Surveys (broader, multi-expert questionnaires); Expert Surveys account for roughly 70% of current revenue. Clients complete structured questions to scope queries, which NewtonX then routes to its expert network, while the startup is building a knowledge graph to improve speed and accuracy over time. NewtonX counts Microsoft, 23andMe, and Gartner among its public clients and serves about 20 corporate customers along with many top consulting and research firms. Early revenues enabled the company to grow to 32 employees near Grand Central, and the firm reports a majority of employees and managers are women. With new funding, NewtonX plans to scale hiring and expand its client success and expert success teams. NewtonX leverages a proprietary search methodology (developed by a former Google engineer), a dynamic matching algorithm, and a knowledge graph to identify and deliver relevant experts in real time. Its core products are one-on-one expert consultations and large-scale expert surveys, supported by proprietary speech-to-text software and automation to speed delivery and cut costs. The company targets C-suite advisory needs across governments, corporations, financial services, and startups, aiming to disrupt the multi-billion-dollar executive advisory market through data science and automation. NewtonX reports rapid early traction: in under a year it grew from three employees and one client to 25 employees, more than 20 clients, and seven-digit revenue, with revenue multiplied tenfold and headcount tripled in the past six months. The team includes former McKinsey alumni founders and a CTO with enterprise engineering experience, and the company operates across two international offices. NewtonX also emphasizes diversity, reporting 50% women overall and 50% women in leadership.
- Total raised
- $47M
- Funding rounds
- 3
- Latest round
- Series B
- Latest activity
- Dec 2021
Industries
- B2B
- Information Services
- Information Technology
- Management Consulting
- Market Research
Recent funding
Series B
Dec 2021
$32M
Series A
Jun 2019
$12M
Seed
Sep 2018
$3M