About NEWE
NEWE is a company based in Mairena Del Aljarafe (Spain) founded in 2020.. NEWE has raised $1.24 million across 2 funding rounds from investors including Banco Sabadell, Zone2boost and Easo Ventures. NEWE offers products and services including Technology Rental, Furniture Rental, Garden Equipment Rental, and Sports Equipment Rental. NEWE operates in a competitive market with competitors including Lizee, Rentle, Zoa, Twice and frenter, among others.
- Headquarter Mairena Del Aljarafe, Spain
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.24 M (USD)
in 2 rounds
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Latest Funding Round
$1.24 M (USD), Series A
Jul 19, 2023
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Investors
Banco Sabadell
& 4 more
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Employee Count
Employee Count
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Products & Services of NEWE
NEWE offers a comprehensive portfolio of products and services, including Technology Rental, Furniture Rental, Garden Equipment Rental, and Sports Equipment Rental. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Rents devices for events and presentations.
Provides items for events and gatherings.
Offers tools for outdoor and maintenance tasks.
Supplies gear for recreational and gaming events.
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Funding Insights of NEWE
NEWE has successfully raised a total of $1.24M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.24 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $1.2M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Series A - NEWE | Valuation | Banco Sabadell , Zone2boost |
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| Jun, 2021 | Amount | Seed - NEWE | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NEWE
NEWE has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Banco Sabadell, Zone2boost and Easo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups across sectors are accelerated by Zone2boost in Barcelona.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NEWE
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NEWE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newe Comparisons
Competitors of NEWE
NEWE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lizee, Rentle, Zoa, Twice and frenter, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of logistics and rental services for businesses
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Provider of SaaS-based software suite solutions for rental businesses
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| domain | founded_year | HQ Location |
End-to-end rental solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Online platform provides software suite solutions for e-commerce retailers
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| domain | founded_year | HQ Location |
SaaS-driven rental management solution for property owners & managers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NEWE
When was NEWE founded?
NEWE was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is NEWE located?
NEWE is headquartered in Mairena Del Aljarafe, Spain. It is registered at Mairena Del Aljarafe, Andalucia, Spain.
Is NEWE a funded company?
NEWE is a funded company, having raised a total of $1.24M across 2 funding rounds to date.
What does NEWE do?
NEWE was founded in 2020 in Mairena Del Aljarafe, Spain, as a platform focused on rental management for e-commerce businesses. Services provided include reverse logistics, storage management, insurance coverage, quality control, data analysis, and operational oversight. The platform supports logistics and inventory needs in the e-commerce rental sector, with operations centered in Spain.
What products or services does NEWE offer?
NEWE offers Technology Rental, Furniture Rental, Garden Equipment Rental, and Sports Equipment Rental.
Who are NEWE's investors?
NEWE has 5 investors. Key investors include Banco Sabadell, Zone2boost, Easo Ventures, DraperB1, and Bolsa Social Fund.
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