Users of the platform, which is currently free while in beta testing, can now search for a trending topic and see how much social attention it is getting.
For example, a search for 'presidential debate' surfaces the stories on last night's debate that are currently being shared on social media platforms.
Paul Quigley, co-founder and chief executive of Ireland-based NewsWhip, described the new function as "a bit like a Google News search - except it ranks the results based on how much social attention each story is receiving right now".
Quigley added: "This means you can see what's trending now around anything - from 'Obama speech' to 'US border'; from 'debate' to 'Facebook'; from 'Stella MCcartney' to 'cats'."
NewsWhip Spike is positioning itself as a solution for journalists to monitor and filter news shared across social networks.
It is offering news outlets and journalists the chance to sign-up for free while it is building and refining the platform. It plans to start charging for the tool later this year.
For more on NewsWhip Spike see this Journalism.co.uk article.
Free daily newsletter
- How BBC News is experimenting with Instagram Stories to engage younger audiences
- What the media can learn from coverage of the Paris attacks
- Tip: Bookmark this advice for covering natural disasters
- Ombuds: Using Bitcoin to make online messages 'immutable'
- First speakers announced for news:rewired 'in focus' event on newsgathering and verification