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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.
About Newxel
Industries
Consulting
Fintech
Cybersecurity
AI & 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
- March 2024 Israel GM Victor Dembovsky expanded sales leadership into a sticky tech market.
- Newxel still advertised vacancies in May 2026, showing active demand generation and delivery growth.
- Office listings in Warsaw, Lisbon, Kyiv, and Turkey broaden sourcing reach across Europe.
What critics are saying
- Ukraine operations remain exposed to war disruption, power outages, and recruiting interruptions.
- LinkedIn showed 145 employees in July 2026, signaling limited scale versus large outsourcing rivals.
- Talent-augmentation commoditizes quickly; client churn and price pressure hit margins within one contract cycle.
What makes Newxel unique
- Newxel sells dedicated teams across Poland, Portugal, Romania, Turkey, Israel, and Ukraine.
- Its model combines talent sourcing, recruitment, onboarding, and ongoing technical support.
- The company targets R&D centers for fintech, AI, healthcare, and cybersecurity clients.
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Company News
Global IT staff augmentation company Newxel has appointed Victor Dembovsky as the General Manager of Newxel in Israel.
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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About Newxel
Industries
Consulting
Fintech
Cybersecurity
AI & Machine Learning
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Florida
Founded
2017
There are no jobs for Newxel right now.
Find jobs on Simplify and start your career today