Newzmate is a content recommendation service startup founded by Alexei Chapko. Statistics show US publishers lost over $5 billion last year and that following online news stories is time consuming for many readers. Newzmate aims to increase returning visitors for publishers by recommending related content through its service, which is currently in a pilot project with a large US publisher reaching over 500,000 readers. The startup's roadmap involves accelerator programs, internships, market research, and plans to monetize the project in January 2014.