About NewTek
NewTek is a company based in San Antonio (United States) founded in 1986 was acquired by Vizrt in April 2019.. NewTek has raised $38 million across 1 funding round from investors including Vizrt. The company has 2 employees as of December 31, 2020. NewTek offers products and services including Content Creation Suite and Product Portfolio. NewTek operates in a competitive market with competitors including SyncOnSet, Renewed Vision, Snapwire, SHOWRUNNER and Moments Lab, among others.
- Headquarter San Antonio, United States
- Employees 2 as on 31 Dec, 2020
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name New Tek
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Products & Services of NewTek
NewTek offers a comprehensive portfolio of products and services, including Content Creation Suite and Product Portfolio. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for video and media production tools
Comprehensive tools for content creation workflows
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Funding Insights of NewTek
NewTek has successfully raised a total of $38M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $38 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $38.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2015 | Amount | Private Equity Round - NewTek | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NewTek
NewTek has secured backing from 1 investor. Prominent investors backing the company include Vizrt. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based tools for media production and management are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NewTek
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NewTek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newtek Comparisons
Competitors of NewTek
NewTek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SyncOnSet, Renewed Vision, Snapwire, SHOWRUNNER and Moments Lab, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS platform for film and TV production management is offered.
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| domain | founded_year | HQ Location |
Offers software tools for presentations, video playback, and live events management.
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| domain | founded_year | HQ Location |
Production and content management solutions provider
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| domain | founded_year | HQ Location |
Blockchain-based platforms for production management are provided.
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| domain | founded_year | HQ Location |
AI-powered platform for video discovery and management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Newtek
Frequently Asked Questions about NewTek
When was NewTek founded?
NewTek was founded in 1986 and raised its 1st funding round 29 years after it was founded.
Where is NewTek located?
NewTek is headquartered in San Antonio, United States. It is registered at San Antonio, Texas, United States.
Who is the current CEO of NewTek?
Jim Plant is the current CEO of NewTek.
Is NewTek a funded company?
NewTek is a funded company, having raised a total of $38M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $38M, raised on Jun 01, 2015.
How many employees does NewTek have?
As of Dec 31, 2020, the latest employee count at NewTek is 2.
What does NewTek do?
NewTek was founded in 1986 and is based in San Antonio, United States. Solutions for production management in the video broadcasting sector are offered, including NDI PTZ cameras, live production systems, and control panels. LivePanel is provided for remote video mixing, media playback, audio mixing, and macro automation. Additional products support control of production broadcasts, graphics for IP video, integrated encoding, and live streaming systems.
Who are the top competitors of NewTek?
NewTek's top competitors include Moments Lab, SyncOnSet and Snapwire.
What products or services does NewTek offer?
NewTek offers Content Creation Suite and Product Portfolio.
Who are NewTek's investors?
NewTek has 1 investor. Key investors include Vizrt.
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