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