Onyx
Onyx Intelligence

The first
revenue creation intelligence
software for private equity.

Onyx tells the operating partner where revenue and margin are leaking inside each portfolio company, sized in EBITDA, ranked by ease of capture. Real-time inside into every portfolio company.

Onyx revenue creation cockpit running on a portfolio company

Operating partners are flying blind between board meetings.

The PE operating partner is held accountable for value creation. The data needed to steer it lives one layer too deep and arrives weeks after the moment to act.

Stale data

By the time month-end variance reports reach the operating partner, the underlying revenue leakage is already two quarters deep and far harder to recover.

Definition drift

Every PortCo CEO defines gross margin a little differently, so the numbers compared across the portfolio rarely mean the same thing.

First-100-day tax

The first 100 days after an investment should fund the value creation plan. Instead they fund data cleanup across every PortCo. Onyx removes the warmup phase.

The current options stop short.

Four approaches dominate today. Each delivers part of the picture. None gives the operating partner a portfolio-wide view of where commercial value is hiding.

PortCo BI

Internal dashboards are captive to the CEO's narrative and tell PE what already happened, rather than where revenue is being left on the table right now.

Strategy consulting

Project-based engagements deliver a snapshot that begins to age the day the team rolls off, leaving slides instead of an ongoing system.

Process mining

Built for enterprise. Seven-figure budgets and eighteen-month deployments. Mid-market PortCos do not have the data warehouse, the budget, or the appetite to wait.

Internal PortCo analysts
FP&A, RevOps

Trapped inside the portco. No standard ontology. Cannot be rolled up into a portfolio view. The PortCo CFO is already running them at capacity on board reporting.

Introducing Onyx

One cockpit. Every PortCo.
EBITDA, in plain sight.

Onyx is the first software built specifically for the PE operating partner. A continuously refreshed view of where revenue and margin are leaking inside each portfolio company, sized in EBITDA, ranked by ease of capture.

Onyx cockpit

46 forensic patterns, hand-built.

Drawn from a decade of operator and consulting engagements. Each pattern carries a detection rule, a cause map, and a fix sequence. Findings ranked by EBITDA impact, traceable to the underlying transactions.

Auto-ontology per PortCo.

Onyx reads each company's schema and builds the data model itself. No analyst per portco. The model refreshes continuously and sharpens with every quarter and every new PortCo we onboard.

Comparable across the portfolio.

One ontology means revenue, margin, churn, and pipeline mean the same thing in every PortCo. Patterns become visible across the fund, not just inside one company.

Where Onyx fits

Diligence to exit. One product, four points of leverage.

Onyx earns its keep across the full hold, not only at one moment in it.

Stage 1

Diligence support

Run Onyx against a target's CRM and ERP data inside the data room window. Surface revenue quality issues a quants-led work stream does not catch. Faster and cheaper than a quality-of-revenue engagement.

Stage 2

The 100-day plan

Deploy in week one post-close. The first diagnostic delivers an evidence-based 100-day priority list, not a hypothesis-led one. Findings ranked by EBITDA effect.

Stage 3

Ongoing monitoring

Replace the monthly PowerPoint review with a portfolio dashboard the operating team trusts. Pattern detection across PortCos surfaces opportunities for portfolio-wide programs.

Stage 4

Pre-exit value sweep

Run a final diagnostic six to twelve months before sale. Capture leftover revenue yield. Improve the EBITDA the buyer underwrites.

How it works.

Underneath the cockpit sits a four-step engine. The second step, the automatic ontology, is where Onyx becomes durably hard to copy.

  1. 1.
    Read-only ingestion

    Onyx connects to the PortCo's CRM, ERP and billing systems through a read-only connection that sits beside the operating teams without disrupting them.

  2. 2.
    Automatic ontology. The structural moat.

    Onyx builds a living model of how this specific business actually runs. What a customer, an order, a renewal, a margin truly mean here. The ontology sharpens with every quarter and every new PortCo. That compounding is the moat.

  3. 3.
    Diagnostic layer

    The ontology is evaluated against a library of 46 forensic revenue patterns, validated across live operator engagements in the B2B mid-market. Each finding lands with a cause map and a fix sequence.

  4. 4.
    Briefing

    Each opportunity is sized in EBITDA terms and ranked, then surfaced inside the cockpit and in a senior-to-senior briefing ahead of every board meeting.

From one PortCo to continuous insight, fast.

Connected in under a week. First findings inside two weeks. Continuous insight from there.

01

Pick one PortCo

Choose the company in the portfolio where there is the strongest sense of unrealised commercial headroom but the least clarity on where it sits.

02

Connected in under a week

A read-only API connection to the PortCo's existing systems is set up in under a week. No integration project. No burden on the IT team. No change to how the operating teams work.

03

First findings inside two weeks

Onyx returns a first ranked map of revenue and margin opportunities inside the PortCo, sized in EBITDA terms and traceable to the underlying data.

04

Continuous, board-ready insight

From that point onward, the cockpit refreshes continuously and a senior-to-senior briefing lands ahead of every board meeting. New patterns surface as the business evolves.

Getting started: a 30-day pilot on one PortCo.

The fastest way to see whether Onyx earns its keep inside the portfolio is to run it once, end-to-end, on a single company.

Scope
Onyx is run on one portfolio company chosen by the firm. Ideally one where there is a sense of meaningful headroom on revenue or margin but not yet a clear view of where it sits.
Deliverable
Within 30 days a ranked map of the largest revenue and margin opportunities inside that PortCo is delivered, each sized in EBITDA impact and traceable to the underlying data.
Investment
A fixed pilot fee, no integration project, no platform commitment. The PortCo's IT team is not pulled into the work.
Next step
If the read-out earns its keep, Onyx extends across the rest of the portfolio. If not, the findings stay with the firm to act on as it sees fit. No lock-in, no follow-on obligation.
Behind the product

Built by an operator who ran these patterns by hand.

David Matauschek. Founder.

A decade running commercial excellence inside eight figure B2B companies. First as the operator who paid consultants to come fix it. Then as the consultant CFOs and COOs hired to find the leak. Wrote the 46 pattern library by hand, one pattern at a time.

Onyx is the version of that work that scales without him in the room.