About Newtron
Newtron is a company based in Dresden (Germany) founded in 1998 was acquired by SupplyOn in January 2017.. The company has 77 employees as of December 31, 2021. Newtron offers products and services including eProcurement, Mobile App, and eSourcing. Newtron operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Airbase and MineralTree, among others.
- Headquarter Dresden, Germany
- Employees 77 as on 31 Dec, 2021
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Newtron Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Commerzbank
& 3 more
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Employee Count
77
as on Dec 31, 2021
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Acquired by
SupplyOn
(Jan 01, 2017)
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Products & Services of Newtron
Newtron offers a comprehensive portfolio of products and services, including eProcurement, Mobile App, and eSourcing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing purchase orders and approvals efficiently
App for on-the-go procurement and order processing
System for handling RFQs and auctions in procurement
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Sales and Marketing
2 people
Finance and Accounting
1 people
Leadership Team
1 people
Senior Team
1 people
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Funding Insights of Newtron
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2003 | Amount | Series A - Newtron | Valuation | Vhb.de | |
| Jun, 2000 | Amount | Unspecified - Newtron | Valuation | HV Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Newtron
Newtron has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Commerzbank, Vhb.de and HV Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Commercial banking services are offered to corporate and retail clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Newtron
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Newtron
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newtron Comparisons
Competitors of Newtron
Newtron operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Sage Group, Tipalti, Airbase and MineralTree, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Newtron
When was Newtron founded?
Newtron was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Where is Newtron located?
Newtron is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.
Who is the current CEO of Newtron?
Olaf Conradt is the current CEO of Newtron.
How many employees does Newtron have?
As of Dec 31, 2021, the latest employee count at Newtron is 77.
What does Newtron do?
Newtron was founded in 1998 in Dresden, Germany, and focuses on software for procurement and supply chain processes. End-to-end source-to-pay solutions are provided through web-based platforms, including eSourcing for digital tenders and auctions, eProcurement for requisition and catalog management, SRM for supplier evaluation and risk assessment, and EDI for document exchanges. Operations cover contract management, warehouse oversight, and reporting across supplier interactions.
Who are the top competitors of Newtron?
Newtron's top competitors include Coupa, Sage Group and Airbase.
What products or services does Newtron offer?
Newtron offers eProcurement, Mobile App, and eSourcing.
Who are Newtron's investors?
Newtron has 4 investors. Key investors include Commerzbank, Vhb.de, HV Capital, and SupplyOn.