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Newxel

Coordinates global dedicated software development teams

Overview

Newxel helps IT companies build, scale, and manage dedicated development teams and R&D centers worldwide. It provides a managed talent solution by connecting a global network of 500+ professionals to form dedicated squads across regions like Portugal, Poland, Turkey, and Romania. Newxel handles end-to-end talent strategy and team operations, from sourcing engineers to ongoing management so clients can focus on software development. Its goal is to accelerate software delivery by delivering scalable, well-structured teams with a reliable operational framework and broad domain coverage in fintech, AI, healthcare, cybersecurity, and more.

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About Newxel

Simplify's Rating
Why Newxel is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingFintechCybersecurityAI & Machine Learning

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Florida

Founded

2017

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Simplify's Take

What believers are saying

  • In 2026, Newxel marketed AI-enabled talent sourcing to productivity-focused buyers.
  • NeoWork’s 2026 rankings keep Newxel visible across staff augmentation and offshore searches.
  • Victor Dembovsky’s 2024 Israel appointment strengthens sales into the country’s dense tech ecosystem.

What critics are saying

  • Newxel’s 2024 Israel expansion targets a crowded market with NeoWork and peers.
  • Staff augmentation pricing faces immediate pressure from lower-cost Eastern European competitors in 2026.
  • If clients internalize hiring or offshore directly, Newxel loses margin and relevance fast.

What makes Newxel unique

  • Newxel’s 2024 Israel office adds local coverage for global staff augmentation deals.
  • Its model bundles recruitment, payroll, compliance, and finance for distributed engineering teams.
  • The company spans Poland, Portugal, Romania, Turkey, Israel, and the USA.

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Benefits

  • Hybrid Work Options

Company News

Calcalist Tech
Mar 11th, 2024
Newxel's has a significant presence in the local tech sector

Global IT staff augmentation company Newxel has appointed Victor Dembovsky as the General Manager of Newxel in Israel.

AI Capital
May 10th, 2023
Newxel’S Team Participated In The Kyiv Half Marathon Of Unbreakable By Runukraine. How Did It Go?

Newxel’s team participated in the Kyiv Half Marathon of Unbreakable by RunUkraine. How did it go? . . “Ran to impact the world”, — this was the slogan of the Newxel team at the charity race “Day 431: Kyiv Unbroken Half Marathon” organized by RunUkraine. The charity mission of the race was to raise funds for the Hospitallers Medical Volunteer Battalion, which has been saving our defenders since 2014.Newxel and charityNewxel is an international IT company with Ukrainian roots that connects talent with innovative tech projects worldwide. Such CSR activities are an essential part of the company’s life, as the team constantly encourages CSR (Corporate Social Responsibility) initiatives and participates in charity: together, the team raises funds for and supports soldiers and colleagues on the frontline

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