About NewStore
NewStore is a company based in Boston (United States) founded in 2015. NewStore has raised $173.25 million across 6 funding rounds from investors including Activant Capital, General Catalyst and Stephan Schambach. The company has 63 employees as of December 31, 2022. NewStore has completed 1 acquisition, including CouchCommerce. NewStore offers products and services including Omnichannel Order Management, Point of Sale, Inventory Management, and Clienteling. NewStore operates in a competitive market with competitors including Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.
- Headquarter Boston, United States
- Employees 63 as on 31 Dec, 2022
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Sectors
RetailTransportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Newstore, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$173.25 M (USD)
in 6 rounds
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Latest Funding Round
$45 M (USD), Series B
Jul 08, 2021
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Investors
Activant Capital
& 4 more
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Employee Count
63
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of NewStore
NewStore offers a comprehensive portfolio of products and services, including Omnichannel Order Management, Point of Sale, Inventory Management, and Clienteling.
Handles orders across multiple retail channels for efficient processing.
Enables mobile in-store transactions and sales tracking for retailers.
Monitors stock levels in real-time across various locations.
Facilitates personalized interactions to improve customer loyalty.
People of NewStore
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Software Development Team
23 people
Leadership Team
12 people
Advisor Team
6 people
Sales and Marketing
4 people
Finance and Accounting
3 people
Human Resources and Administration
3 people
Staff Team
2 people
Data Analysis and Operations Team
1 people
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Funding Insights of NewStore
NewStore has successfully raised a total of $173.25M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $45 million completed in July 2021. 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.
Investors in NewStore
NewStore has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Activant Capital, General Catalyst and Stephan Schambach.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in tech sectors
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Investor details for NewStore
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Investments & Acquisitions by NewStore
NewStore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CouchCommerce.
Investment portfolio details for NewStore
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based mobile-first e-commerce SaaS platform is provided for post-PC devices.
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Complete acquisition details for NewStore
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Financial Statements - NewStore
Detailed financials for NewStore
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- Profit trends
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Newstore Comparisons
Peer comparison for NewStore
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- Named peers
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Competitors of NewStore
NewStore 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 Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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E-commerce tools for shipping, marketing, and financial services are provided.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce shipping operations are managed via SaaS platform.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Tech-enabled fulfillment services are provided to e-commerce businesses.
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SaaS-based omnichannel retail management software is provided for retailers.
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Detailed competitors of NewStore
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Latest news on Newstore
Complete news archive for NewStore
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about NewStore
NewStore was founded in 2015.
NewStore is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
NewStore is a funded company, having raised a total of $173.25M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at NewStore is 63.
NewStore was founded in 2015 in Boston, United States, focusing on retail technology. An omnichannel platform is offered to integrate online and offline retail operations, connecting existing ERP systems with mobile and cloud-based tools. Services encompass mobile commerce, checkout processes, inventory management, store fulfillment, real-time visibility, and clienteling to support retailers and brands in unified customer experiences.
NewStore's top competitors include Shiprocket, Shippo and ShipBob.
NewStore offers Omnichannel Order Management, Point of Sale, Inventory Management, and Clienteling.
NewStore has made 1 acquisition, including CouchCommerce.
NewStore has 5 investors. Key investors include Activant Capital, General Catalyst, Stephan Schambach, Salesforce Ventures, and Stephan Schambach.