NewStore

NewStore, Inc.
Private
Industry e-commerce, mobile commerce, software, SaaS, cloud computing
Founded 2015
Founder Stephan Schambach
Headquarters Boston, MA, United States
Area served
 Worldwide
Key people
 Stephan Schambach
(CEO, Founder)
Ulrike Mueller (CTO, CPO)
Joel Abdinoor (CFO)
Phil Granof (CMO)
Number of employees
 ~ 140 (2018)
Website www.newstore.com/ Edit this on Wikidata

NewStore, Inc. is an enterprise omnichannel platform that is delivered as a service (SaaS), providing retail brands with solutions for Omnichannel Order Management, Endless Aisle, Mobile Point of Sale, and Clienteling. NewStore focuses on mobile as the end point delivery and is specifically targeting business in the apparel, lifestyle and luxury markets.

It was founded in 2015 by Stephan Schambach, who also founded Intershop Communications and Demandware, which was acquired by Salesforce in 2016 for US$2.8 billion.

It is headquartered in Boston, USA with offices in New York City, Berlin, Hanover and Erfurt. It received a Series A investment of US$38M in September 2015 and Series B investment of US$70M in July 2017.

Funding

Funding RoundAmountLed By
Series C$20MStephan Schambach
Series B$70MActivant Capital
Series A$38.4MGeneral Catalyst

[1] [2] [3] [4] [5] [6] [7] [8] [9]

References

  1. ↑ NewStore | Crunchbase https://www.crunchbase.com/organization/newstore#section-overview New
  2. ↑ "30 Millionen Dollar für ein geheimnisvolles E-Commerce-Startup". Gründerszene Magazin (in German). Retrieved 2017-02-23.
  3. ↑ "NewStore, Inc.: Private Company Information – Bloomberg". www.bloomberg.com. Retrieved 2017-02-23.
  4. ↑ "Stephan Schambach Launches NewStore, Secures $38 Million in Funding, and Signs Leading Luxury Fashion Brands". www.businesswire.com. Retrieved 2017-02-23.
  5. ↑ "adidas GLITCH Powered by NewStore, Kicking Off Exclusive Mobile App Experience". finance.yahoo.com. Retrieved 2017-02-23.
  6. ↑ "E-Commerce Entrepreneur's Fortune Jumps 65% On Sale To Salesforce". forbes.com. Retrieved 2017-02-23.
  7. ↑ "Die vier Gewinner sind alle Digital Natives und volldigital unterwegs". horizont.net (in German). Retrieved 2018-07-20.
  8. ↑ "NewStore Bags $20M After Ex-Victoria's Secret, TJX CEOs Join Board". xconomy.com. Retrieved 2018-07-20.
  9. ↑ "Apple-based retail tech shows mobile at the core of commerce". zdnet.com. Retrieved 2018-07-20.


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