About NewStore
NewStore is a Retail company based in Boston (United States) founded in 2015. Omnichannel platform is provided for retail fulfillment and customer engagement. It operates in the Retail and Transportation, Automotive & Logistics sectors. 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. NewStore has completed 1 acquisition, including CouchCommerce. Its website newstore.com draws about 32 thousand monthly visits. NewStore offers products and services including Omnichannel Order Management, Point of Sale, Inventory Management, and Clienteling. Its focus areas include In Store Retail Tech, Omnichannel Solutions, E-Commerce Enablers and Operations Management. Its legal entity is NEWSTORE, INC. Its competitors include Shippo, ShipBob and Deliverr; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Boston, United States
- Employees 63
- SectorsRetailTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website newstore.com
- Social LinkedIn X Facebook
- Legal Name Newstore, Inc.
- Total Equity Funding$173.25M (USD)
in 6 rounds
- Latest Funding Round$45M (USD), Series B
Jul 2021
- InvestorsActivant Capital
& 4 more
- Employee Count63
- Investments & Acquisitions
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.
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.
- Total Funding $173.25M
- Total Rounds 6
- Last Round Series B — $45M
- First Round $38M
(Jul 2015)
- Investors Count 5
All 6 funding rounds of NewStore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $45M | Series B | – | – | – |
| Jan 2020 | $20M | Series B | – | Salesforce Ventures | |
| May 2018 | $20M | Series B | – | – | – |
| Jul 2017 | $50M | Series B | – | Activant Capital | |
| Feb 2016 | $249,999 | Series B | – | – | – |
| Jul 2015 | $38M | Series B | – | – |
5 investors in total: 3 institutional and 2 angel.
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 |
|---|---|---|---|---|
Venture capital fund investing in tech sectors | activantcapital.com | Greenwich, United States | ||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
SS Stephan Schambach | German entrepreneur, angel investor, founded Intershop and NewStore, active in India. | unknown_fd2d8f365afb46a3b | ||
SS Stephan Schambach | German entrepreneur, angel investor, founded Intershop and NewStore, active in India. | unknown_ba61a858d73b4643b |
Investor details for NewStore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of NewStore
64 people are tracked at NewStore (16 in leadership, 12 in board & advisors, 36 in team); the tracked headcount is 63.
| Name | Role | Group |
|---|---|---|
Curtis Wohlfeld | Senior Director, Sales Operations | Leadership |
Joel Abdinoor | Chief Financial Officer | Leadership |
Sameer Bhaidani | Vice President, Global Account Management And Value Engineering | Leadership |
Owen Fayle | Global Vice President Sales Engineering | Leadership |
Stacie Justice | Chief People Officer | Leadership |
Mike Desimone | CEO | Leadership |
Patrick Grüssing | Finance Director | Leadership |
Simeon Wynn | Director, Partner Enablement | Leadership |
Ben Hoskins | CTO | Leadership |
Benjamin Hoskins | Chief Technology Officer | Leadership |
Jonathan Mathew | Vice President Support Services | Leadership |
Cailin Broccoli | Sr. Director Customer Engagement | Leadership |
Robert Rahaman | Director, Sales Engineering EMEA | Leadership |
Bernardo Torres | Head Of Engineering | Leadership |
Pat Deskin | Chief Revenue Officer (cro) | Leadership |
Jose Martín | Head Of Engineering | Leadership |
Scott Lux | Advisor | Board & advisors |
Adina Kagan | Advisor | Board & advisors |
David Duplantis | Advisor | Board & advisors |
Michelle Cutter | Advisor | Board & advisors |
44 more people are available in the full profile.
Complete people profiles for NewStore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by NewStore
NewStore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CouchCommerce.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based mobile-first e-commerce SaaS platform is provided for post-PC devices. | couchcommerce.com | Hannover, Germany | 2012 | Sep 2015 | •••• |
Complete acquisition details for NewStore
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of NewStore
4 dated milestones of NewStore across 6 years, from founding to its latest funding, stage changes and deals.
- Founded NewStore is founded.
- Funding First funding round of $38.0M.
- Acquisition Acquires CouchCommerce.
- Funding Latest funding round, Series B, of $45.0M.
Competitors of NewStore
NewStore has 3 listed competitors in our database, 3 of them funded. They include Shippo, ShipBob and Deliverr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goshippo.com | 2013 | San Francisco, United States | $154M | 127 | Web-based shipping solutions are provided for e-commerce businesses. | |
| shipbob.com | 2014 | Chicago, United States | $332.7M | 1,338 | E-commerce fulfillment solutions are provided for direct-to-consumer brands. | |
| deliverr.com | 2017 | San Francisco, United States | $490M | 336 | Tech-enabled fulfillment services are provided to e-commerce businesses. |
Detailed competitors of NewStore
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of NewStore
The website of NewStore (newstore.com) receives about 32.3K visits a month and ranks #1,086,981 among all websites worldwide, #8,859 in Business Services.
- Monthly visits32.3K
▲ 9.9% vs previous month
- Unique visitors12.7K
per month
- Global rank#1,086,981
among all websites
- Category rank#8,859
Business and Consumer Services · Business Services
- Bounce rate46%
- Pages per visit1.5
- Average visit18 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with NewStore. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| applecart.co | 100% | 41.8K | #570,998 | View details | |
| interfacesystems.com | 98% | 9.5K | #2,425,437 | View details | |
| retailtechnologyreview.com | 90% | #3,858,561 | View details | ||
| olive.app | 88% | 18.7K | #1,233,700 | View details | |
| leafio.ai | 87% | 680.7K | #579,782 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for NewStore
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as NewStore (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Newstore
Complete news archive for NewStore
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- Full article archive
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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. The company's 1st funding round was a Series B of $38M, raised on Jul 2015.
NewStore has 63 employees.
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 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.
NewStore operates through Newstore, Inc..