NewStore

company

About

NewStore operates a platform for retailers to run their stores on the iPhone.

Details

Last Funding Type
Series B
Last Funding Money Raised
$45M
Industries
E-Commerce,Mobile,Retail,Retail Technology,SaaS,Shopping
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
NewStore, Inc.

NewStore operates a platform for retailers to run their stores on the iPhone. Purpose-built for mobile shoppers, the company provides Omnichannel-as-a-Service with the only integrated cloud OMS and mobile POS. Intuitive store associate apps allow retailers to offer seamless shopping experiences through the endless aisle, mobile checkout, store fulfillment, real-time inventory, and clienteling. An API-first architecture and an expansive ecosystem of partners means retailers can deploy fast and flexible omnichannel with ease. NewStore was founded by Stephan Schambach, who pioneered e-commerce at Demandware (now Salesforce Commerce Cloud). The company has offices in Berlin, Boston, and New York.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$155.39M
NewStore has raised a total of $155.39M in funding over 2 rounds. Their latest funding was raised on Jul 7, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 7, 2021 Series B $45M 4 Detail
May 18, 2018 Series B $19.99M 3 Stephan Schambach Detail
Jul 18, 2017 Series B $50M 3 Activant Capital Detail
Jan 1, 2016 Series A $1.70M Detail
Jul 30, 2015 Series A $30M 2 General Catalyst Detail

Investors

Number of Lead Investors
Number of Investors
4
5
NewStore is funded by 5 investors. Enjoyventure Management and General Catalyst are the most recent investors.
Investor Name Lead Investor Funding Round
Enjoyventure Management Yes Seed
General Catalyst Series B
Activant Capital Series B
Salesforce Ventures Series B
Stephan Schambach Series B

Employee Profiles

Number of Employee Profiles
23
NewStore has 23 current employee profiles, including Advisor Melissa Xides
Advisor
Executive
Board member
Employee

Acquisition

NewStore has acquired 2 organizations. Their most recent acquisition was CouchCommerce on Sep 30, 2015. They acquired CouchCommerce for 0.

Date Company Name
Industry Acquisition Type Price
Sep 30, 2015 CouchCommerce
Apps acquisition Detail
Jan 14, 2022 Highstreet Mobile
Computer acquisition Detail