Techspert

The Techspert expert network was founded in 2015, as a machine-driven expert network in Cambridge, UK. It started out with a broader service offering for life sciences under the name Biotechspert, but successfully pivoted into expert calls and raised venture capital in 2018.

Techspert is specialized on experts within life sciences (medical devices, pharmaceuticals, biotechnology and diagnostics). Other healthcare-focused expert networks include FirstThought, Guidepoint, Inlightened, BTHT and Atheneum.

Fun fact: Techspert bought the domain name techspert.io for £50,000 in 2022 and writes it off in the books over 5 years straight.

Techspert funding history

Techspert has done several external funding rounds.

• December 2018 - £1m first round funding from angels.

• February 2020 - £3.75 million Series A funding from Nauta Capital.

• October 2021 - £8.8 million ($12m) from BGF and Nauta Capital.

• March 2023 - An undisclosed amount of venture debt from Western Technology Investment.

• February 2026 - £5 million from Palatine Growth Credit, to fund commercial operations and tech & product development. At the time, the firm reported having a database of 25 million healthcare profiles covering 5 million specialisms, with 400,000 actively engaged experts.

Service offering

Aside from the standard expert consultations, Techspert also offers data review and appraisal services, expert surveys, and participation in multi-expert focus groups. Unlike the large traditional expert networks, Techspert does not rely on a database of pre-vetted experts. The company states that its AI tools can review profiles of 150 million potential experts from different sources in a matter of minutes, which is 200 times more profiles than GLG’s expert pool, the largest in the industry, contains.

In August 2020, Techspert announced a "Feasibility Calculator" to quickly assess the expected number of experts available for every project. If it works as advertised, this tool helps solve a major challenge in the expert network industry.

As of February 2021, the firm had 42 employees. That month, Techspert opened its first US office in Houston, Texas.

More recently, Techspert was recognized in the Financial Times 1000: Europe's Fastest Growing Companies list, placing 539th, and appointed a new Chairman with a background in finance and tech. Inex One made the same list too, ranking #134 with a revenue increase of over 1,100%.

Learn more about machine-driven expert networks in our AI deep dive: AI and expert networks, or read Techspert’s own explainer on AI and ML here.

FAQ

What does Techspert specialize in? Techspert specializes in AI-powered expert recruitment within life sciences - medical devices, pharmaceuticals, biotechnology, and diagnostics - offering expert calls, surveys, and multi-expert focus groups.

Is Techspert available on Inex One? No - Techspert is not part of the Inex One marketplace.

Looking for expert network options in life sciences? Explore active partners on the Inex One marketplace.