-77%

est. 2Y upside i

Series A

Stage: exit. Country: Germany

Rank

#3935

Sector

Enterprise Software, Procurement

Est. Liquidity

~0Y

Data Quality

Data: Low

The core issue is that Newtron was acquired by SupplyOn in 2017, meaning it is no longer an independent company with its own venture-style equity.

Last updated: March 10, 2026

Bull (10%)+10%

Newtron, as a subsidiary of SupplyOn, significantly outperforms internal targets, leading to a substantial performance-based bonus or a modest payout from a phantom equity scheme, if such a program exists. This would represent a small percentage increase over a notional 'current value' within the parent company structure.

Base (70%)0%

Newtron continues to operate as a stable, profitable subsidiary within SupplyOn, maintaining its market position in eProcurement, SRM, and EDI. Given its acquired status, there is no independent equity upside for common stock or options in Newtron itself, and any compensation would be salary-based or through standard corporate bonus structures.

Bear (20%)-10%

Newtron's market share or profitability as a subsidiary declines due to increased competition from incumbents like Coupa or SAP Ariba, or a shift in SupplyOn's strategic focus. This could lead to restructuring, reduced investment in Newtron's offerings, or a decrease in any performance-based incentives, resulting in a notional negative return.

Est. time to liquidity~0.0 years

Secondary Liquidity

none

There is no active secondary market for equity in Newtron as it is an acquired subsidiary. Liquidity would depend entirely on SupplyOn's internal policies or a future (unlikely) liquidity event for SupplyOn.

Questions to Ask at the Interview

Strategic questions based on Newtron's data — designed to show you've done your homework.

  • 1

    “Given Newtron's acquisition by SupplyOn in 2017, what is the exact nature of the equity being offered (e.g., phantom equity, shares in SupplyOn, performance units)? How is its value determined and what are the liquidity mechanisms?”

  • 2

    “How does Newtron's current revenue of ~$8M contribute to SupplyOn's overall financial performance, and what are the growth expectations for Newtron's specific product lines within the larger SupplyOn strategy?”

  • 3

    “What are SupplyOn's long-term strategic plans for Newtron's offerings, particularly in light of competition from major players like Coupa and SAP Ariba, and what are the potential liquidity events for SupplyOn as a corporate-backed entity?”

Community

Valuation Sentiment

Our model estimates -77% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.