NewStore

NewStore, Inc. is an enterprise omnichannel platform that is delivered as a service (SaaS), providing retail businesses with a cloud-based order management system (OMS) and mobile point of sale (POS).

NewStore, Inc.
TypePrivate
Industrye-commerce, mobile commerce, software, SaaS, cloud computing, retail
Founded2015
FounderStephan Schambach
HeadquartersBoston, MA, United States
Area served
Worldwide
Key people
  • Stephan Schambach
  • (CEO & Founder)
  • Rick Berger
  • (CCO)
  • Jane Cannon
  • (CPO)
  • Phil Granof
  • (CMO)
Number of employees
~ 150 (2019)

The company 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$50M in July 2017.

Funding
Funding RoundAmountLed By
Series B$50MActivant Capital
Series A$38.4MGeneral Catalyst

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

References

[10][11][12]

  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.
  10. "Untuckit invests in physical store network". Chain Store Age. 2018-10-22. Retrieved 2019-06-21.
  11. Boulton, Clint (2019-05-06). "Death of a sales register: Decathlon mobilizes retail checkout". CIO. Retrieved 2019-06-21.
  12. "Outdoor Voices updates its in-store tech to expedite and simplify the shopping experience". Glossy. 2019-06-13. Retrieved 2019-06-21.


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