Sascha Eder, co-founder and CEO of NewtonX, recently revealed to TechCrunch that the company is on the brink of profitability. To further accelerate their progress towards this goal, 32M USD in Series A funding was raised from Marbruck Ventures and 47M USD from Hall Capital. This series of investments will enable NewtonX to invest in technology and automation, which will be critical to scaling the company. In particular, they plan to develop their artificial intelligence capabilities further, allowing them to provide answers faster and more efficiently than ever before. With this injection of capital, NewtonX is well-positioned to become an enterprise scalable-grade company that can handle any future growth it experiences.
By leveraging the latest innovative technologies and automating core processes, NewtonX is demonstrating its commitment to unlocking the value of data while providing enterprise-grade solutions to its clients. As they continue their mission towards profitability, this new funding will prove invaluable in helping them reach their short-term goals and set themselves up for a bright future.
NewtonX, an expert network that connects companies with subject matter experts, has raised a $32M Series B round led by Marbruck Ventures. This brings the total funding for NewtonX to its current total of $47M.
The investment will help NewtonX expand its reach and grow its platform to meet the increasing demand for expert research and data-driven insights.
Founded in 2017, NewtonX has quickly become a go-to source for companies looking to access the knowledge and advice of experts from various fields. The platform enables companies to easily search for experts, connect with them on their terms, and get answers to questions relevant to their business decisions.
Christine Hall, CEO and Co-Founder of NewtonX, commented on the new investment round: “We’re thrilled to have Marbruck Ventures join us as a strategic partner in this endeavour. Their commitment is further validation that our mission to make expert insights available and accessible to anyone resonates with the market.”
NewtonX, a leading global research and insights platform, has raised 32 million dollars in its Series B round led by Marbruck Ventures. With the additional funding from 47MHallTechCrunch, NewtonX will be able to accelerate its efforts in connecting companies with experienced professionals and providing valuable data-driven insights for more informed business decisions. This marks a major milestone in the company’s growth and further cements its position as an industry leader.
Through this funding, NewtonX will be able to expand its network of partners and hire more data scientists to ensure better quality insights for clients. With this additional capital, NewtonX looks forward to continuing to provide companies with the resources they need to stay competitive in rapidly changing markets. The company is also actively seeking strategic investments from other venture capitalists and investors. With this Series B funding, NewtonX is well positioned to continue delivering on its mission of providing the highest quality research and insights for the business world.
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