NewtonX, a provider of business insights and consulting, recently announced a $32M Series B investment round to further their mission of democratising access to insights and data for decision-makers.
This round of funding is expected to help the company provide more tailored insights to a global customer base and develop their platform.
Let’s look at this investment round and what it means for NewtonX.
Background on NewtonX
NewtonX is a technology-enabled market intelligence platform that provides essential insights to business decision makers. Established in 2015, NewtonX offers on-demand access to over 450 million professionals worldwide. NewtonX gives decision makers immediate access to expert opinions, enabling them to make more informed decisions faster and with greater confidence.
The company aims to build an evergreen knowledge network that brings experts and decision makers across industries, functions and hierarchies. With the aid of its proprietary technology platform and well-identified experts, combined with its rigorous data standards, NewtonX offers insights into competitive landscape shifts or trends beneath a broader macroeconomic context. Moreover, by eliminating barriers that prevent decision makers from unlocking essential insights quickly—such as lengthy search requests or reliance upon classified expert directories—NewtonX provides fast access to fresh global insight on demand.
Overview of the Series B Funding
On May 16th 2019, NewtonX, a business insights platform, announced its $32M Series B funding. The round included investments from Trucks Venture Capital and System.One, along with new and existing investors. The funding will reinforce the vision of NewtonX of providing access to top-tier insights for business decision-makers across the world by using data science, AI, and a team of consultants.
The NewtonX platform provides an intuitive data-driven interface with expert advice and intelligence on various disciplines such as finance, marketing & sales, technology & product development and much more. This enables executive decision makers to quickly explore their options while drilling down into details they need to confidently make informed decisions. The platform sources these insights from industry executives, C-level executives in Fortune 500 companies, and domain experts who their peers have professionally validated.
The funding will significantly expand NewtonX’s domestic presence in the United States and provide opportunities for international expansion across multiple geographies including Europe and Asia Pacific. The company is also set to leverage the capital for long-term investments in product development within machine learning (ML) and artificial intelligence (AI). This will improve the overall customer experience with upscaling its automation capabilities while enhancing the quality of information that is available on the platform – ultimately making domain expertise more accessible than ever before for decision makers worldwide so that they can make smarter decisions faster no matter their budget or location or expertise level.
NewtonX Announces $32M Series B to Democratise Access to Business Insights for Decision-makers
NewtonX recently announced a $32 million Series B to provide decision-makers with access to personalised business insights. With this funding, the company plans to democratise access to business intelligence, making it more accessible and affordable for decision-makers across all industries.
This innovative approach to providing business insights to business decision-makers will bring about a radical transformation in how businesses operate. So let’s take a closer look at what NewtonX is doing to democratise access to business insights.
Leveraging AI and Machine Learning
By leveraging the power of advanced artificial intelligence (AI) and machine learning technologies, NewtonX is able to provide specialised insights from industrial experts, strategic advisors, and industry veterans quickly and cost-effectively.
Leveraging its unique talent network model, the platform provides decision makers access to a wide range of insights from leaders in their industry from across the world on demand. This enables organisations to make better decisions by improving their understanding of current strategies and helping them look more closely at new trends and developing opportunities.
Furthermore, AI-based natural language processing (NLP) capabilities reduce manual effort. The system’s algorithms interpret requests according to the context and intent of an inquiry in order to accurately interpret a user’s needs and provide corresponding expert-level insights. This means that companies no longer need dedicated research personnel or access to scholarly sources or reports that take weeks or months to compile; they can get all the information they need instantly on NewtonX’s platform thus allowing them agility while saving valuable time and resources.
Moreover, NewtonX’s cutting-edge technology mathematically predicts which experts have strong opinions on specific topics, making discovery easier. The technology can source hundreds of subject matter specialists who can deliver comprehensive answers within 72 hours for most requests, opening up new possibilities for innovative data collection methods currently inaccessible in real-time research initiatives. Furthermore, it serves as a great way for businesses looking for fresh perspectives on their existing strategies or seeking an outsider’s opinion from an experts without previously existing connections with said professional networks enabling them to truly elevate their operations & performance as well as stay informed on new developments in their respective business verticals more efficiently than ever before – democratising access to information for decision makers globally one industry at a time!
Bringing Expertise to the Masses
At NewtonX, expertise should be accessible and affordable for everyone. But, unfortunately, business decision-makers often have to make decisions with limited information, putting them at risk of making the wrong move. This is why we are launching our Series B to create a world where everyone can benefit from informed and independent advice from the best experts in their industries.
NewtonX helps these decision-makers by providing access to industry-leading experts who can provide tailored and timely insights. From CFOs setting strategy to HR executives hiring employees, every team member gets the knowledge they need quickly and easily. With over 3,000 experts in almost every field–from finance to software engineering–NewtonX democratises knowledge access at scale.
Moreover, our AI-driven platform provides actionable insights that allow users to feel empowered in their decisions and more confident in their results. Our platform seamlessly connects decision makers with the right expert without wasting time or resources on unqualified advice that won’t benefit them in the long run.
By democratising access to expertise across industries, we are creating a future where everyone has access to valuable resources regardless of budget or time constraints, making smarter business decisions easier than ever.
How NewtonX is Democratising Access to Business Insights
NewtonX, a platform that provides access to insights and data from more than 800K experts, has announced its $32M Series B to expand and further democratise access to data and insights.
The decision to expand comes as more business decision-makers seek ways to stay informed and leverage a deeper understanding of the topics that matter to them to make informed decisions.
By democratising access to business insights, NewtonX aims to make better decision-making available to everyone.
Offering a Subscription-Based Model
In addition to the newly announced Series B, NewtonX has grown its offerings so that businesses can now access custom advice from any expert within the vast NewtonX expert network. Furthermore, with subscription plans offered by level of access and usage, companies can more easily tailor their solution for decision-making to their specific needs. In addition, they can pay for what they use monthly.
This subscription-based model allows business customers of all sizes and financial situations to reap the benefits of having top experts in their respective industries as advisors without paying “enterprise” fees or having long-term commitment. This lets corporate decision makers use NewtonX experts at a fraction of the time and cost they normally incur when sourcing external consultants or analysts.
Customers also benefit from NewtonX’s tailored matching process, reducing wasted time searching for experts with specific industry knowledge or research capabilities. The AI matching algorithms paired with customer service representatives provide a personal level of access, creating cherished relationships between the customers and NewtonX’s experts resulting in customised solutions that truly fit customers’ needs rather than generic advice.
Allowing Access to Expert Insights
Access to timely and informed decisions is critical for organisational success in the modern economy. Rather than relying on internal teams or external consultants to help make decisions, NewtonX ensures that decision-makers have the latest insights from experts through its proprietary technology. By leveraging AI-powered matching algorithms, NewtonX facilitates access to knowledge from millions of experts worldwide on various topics and industries in minutes, providing businesses with fast, reliable solutions for their most pressing business problems.
In addition to rapid access to expertise through its platform, NewtonX also democratises knowledge by allowing users to choose who they work with. Industries ranging from healthcare and finance to sales and marketing can use NewtonX’s platform to search for top talent fit for specific positions or needs. This service provides vital information on a candidate’s background before a face-to-face meeting or even a recruiting process. Ultimately allowing companies greater access to talent based solely on their specific job criteria – ensuring the right fit – and creating efficiencies across departments in the workplace.
Moreover, NewtonX has provided other avenues for decision-makers such as online training programs as part of its onboarding process and live individualised consultation sessions for deeper dives into an industry topic depending on one’s need. All these services provide companies with essential information necessary for them to make educated assessments when making crucial business decisions from deciding which new product development project or market launch is best suited for their company portfolio down selecting expert advice once presented with solutions designed within their model and timeline restraints reducing long time frames without sacrificing quality output.
Creating a Network of Experts
At NewtonX, we are focusing on creating a comprehensive, global network of experts to become the hub for actionable insights into best business practices and prediction of marketplace trends. This network allows us to provide accurate, up-to-date data-driven insights that cannot be found through traditional research methods such as surveys or focus groups.
After 48 months of testing and feedback from customers around the world, our platform is being used by more than 5,000 companies. We are moving away from traditional research methods by leveraging NewtonX’s proprietary method for quickly gathering expert insight, providing tangible results faster.
From our expansive network of experts – which currently covers 80 industries and spans 100+ countries – we can tap into their insights while blending in the latest industry news, data analysis and machine learning technology to form a whole new way of deriving business intelligence. As a result, those who join our network – now or in the future – will be equipped with all they need to stay ahead-of-the curve when predicting marketplace trends.
We are focused on offering decision makers access to Mission Control™ — a comprehensive dashboard which offers aggregated insights generated by our expert consultants around the globe — allowing them access to the latest intelligence with just one click. In addition, we are furthering this mission by launching several new services that allow us to rapidly dive deeper into specific industries and topics through dedicated researchers with specialised skill sets specifically tailored for this purpose. Ultimately, these efforts will help decision makers make smarter choices about their next steps in any given situation.
Benefits of NewtonX’s Series B Funding
NewtonX, a business insights and research platform, recently announced that it has raised $32M in Series B funding. This funding will be used to democratise access to business insights and help decision-makers across the globe make informed decisions.
In this article, we will explore the benefits of this funding for NewtonX, as well as for decision-makers around the world.
Expanding the Expert Network
NewtonX’s Series B funding of $32M will be instrumental in expanding the company’s expert network. The company provides businesses with on-demand access to experts on any topic and has an extensive list of users worldwide and a rapidly growing demand across different industries.
The influx of capital will enable them to add more experts with greater levels of expertise as well as talents and skills that can be hard to find such as AI/machine learning, NLP, data science and analytics etc. This expansion will not only strengthen the quality of the NewtonX offering but also help spread it further geographically.
This latest round of funding will also play a pivotal role in making the NewtonX platform available to decision makers from startups to Fortune 500 companies globally. By connecting decision makers from diverse verticals with the most highly sought-after subject matter specialists, clients will receive fast-track access to expertise that can immediately impact their projects and strategies – allowing them to create something bigger and better than ever before.
Growing the Subscription Model
NewtonX’s Series B funding allows the company to extend its development of a subscription-based service for corporations and mid-market businesses, who have previously gone without access to NewtonX’s vast network of experts. In addition, the Series B funding helps NewtonX expand its expert network and upgrade its technology platform so that more business decision-makers worldwide can benefit from the insights and expertise that NewtonX provides.
The subscription model will make it easier for corporate decision-makers, particularly those in mid-size enterprises, to access top-level business expertise with little effort. In addition, the upgrade of NewtonX’s technology platform enables rapid response times to meet customer needs as quickly as possible.
With this new funding, NewtonX plans on bringing on more expert advisers and industry professionals to meet the demands of its clientele. New focus groups are being created which ensure comprehensive coverage across various industries to produce targeted advice for individual customers – all within a fraction of time than it could take before. Additionally, data science is used to derive actionable insights from the customer trends which come into their platform – allowing customers to make decisions even faster than before.
In summary, NewtonX’s Series B funding is not just a great financial milestone; it allows them to continue creating a customer centric experience by building a strong infrastructure through accessible subscriptions models & utilising data science/machine learning techniques – ultimately democratising access for corporate decision makers around the globe!
Increasing Access to Expert Insights
NewtonX’s Series B funding will increase access to expert insights. From its seed stage days, NewtonX has been a pioneer in providing contextual intelligence on demand – giving companies opportunities to ask questions and consult the best available experts to get precise answers. With its new funding round, NewtonX is strengthening its capabilities in facilitating the democratisation of contextual intelligence.
This means that decision makers can gain reliable access to expert-level insights, enabling them to make fully informed decisions quickly and accurately. In addition, with the funds from the Series B investment, NewtonX can expand their customer base – reaching large organisations with dedicated teams and individuals who don’t have time or resources for extensive research internally.
NewtonX is helping organisations upgrade their operations and remain competitive in dynamic markets by increasing access to expert insights. Leveraging AI technologies that seamlessly connect decision makers with relevant experts and solution providers is one key to achieving agility without overwhelming complexity in this ever-changing business world. In particular, getting customised answers from experienced professionals at any given time minimises risks of false assumptions and costly mistakes. Therefore, this new round of funding will empower more businesses to capitalise on advanced technologies to make more effective decisions in less time—unlocking greater productivity potential while maximising ROI (return on investment).
tags = NewtonX, $32M Series B, Business Insights for Decision-makers, newtonx 32m marbruck 47mhalltechcrunch, B2B research, intelligence company, Marbruck Investments