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Provides coaching and training services to businesses and communities

Toronto, CanadaFounded 2013Consumer Services
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About New

Established in 2009 by co-founders Heini Merkkiniemi and Teuvo Merkkiniemi, New Beat Oy operates as a specialized creative production company and development partner focused on instigating sustainable change and cultural development. The firm's operational focus is centered on a proprietary coaching concept known as ReDoMe®, which leverages music, art-based methods, and digital tools to facilitate organizational transformation. This service is particularly directed towards entities within the health, education, and cultural sectors, assisting them with change management processes.

Heini Merkkiniemi, the CEO, brings a diverse background as a solution-focused coach, music professional, and developer of art-based methodologies, which directly informs the company's core activities. Her work, described as creative, ethical, and boundary-crossing, was recognized with the 'Mediator of the Year' award in 2024 for her pioneering efforts in promoting outsider art, showcasing the firm's commitment to social impact and inclusion. This ethos is reflected in the company's mission to drive positive cultural shifts and foster a more equitable working life, often collaborating with artists from diverse backgrounds, including special groups.

New Beat's business model is project-based, serving a clientele that includes corporations, public sector organizations, and municipalities. The company generates revenue by delivering a range of services tailored to client needs, including the management of full production entities, facilitation of creative professionals, network management, event organization, and comprehensive training and coaching packages. Notable projects include a team-building workshop with the Finnish national basketball team (Susijengi), the development of Finland's first participatory arts program for the Hospital Nova, and an award-winning personnel development project with the City of Espoo. For the fiscal year 2024, the associated entity New Beat Consulting Oy reported a turnover of €52,000.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Toronto, Canada
Employees
1
Open positions
None listed
Dealroom signal
51.2/100
Industry
Music
Sector
Consumer Services, Analytics, Music

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jan 2021 $18M $74M Undisclosed —
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Growth signals

New website traffic

Latest recorded traffic for New is 40 monthly website visits, down 96.7% over the last three months. New's team grew 0% over the past year.

Latest monthly visits40 3-month web change-96.7% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · Toronto HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about New on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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