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NewStore

NewStore
2015 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
Series B LATEST DEAL TYPE
$50M LATEST DEAL AMOUNT
$88.7M TOTAL AMOUNT RAISED
Description

Provider of a mobile retail platform designed to seamlessly connect consumers to associates and products. The company's offering, the NewStore Mobile Retail Platform, is made up of a Consumer Solution, a Retail Solution, and an HQ application. The Consumer Solution is made up of a unique branded native application and progressive web; the Retail Solution has an associate application and fulfillment application, and the HQ application is desktop-based and provides analysis and insights into the brand's omnichannel operations and store health. The company's platform integrates with existing e-commerce platforms such as Salesforce Commerce Cloud, SAP Hybris, Oracle ATG, and Magento. Unlike point solutions that create complexity and friction, the company delivers an end-to-end customizable platform built entirely on mobile.

Website:
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automation/Workflow Software
Other Industries
Business/Productivity Software
Social/Platform Software
Primary Office
60 South Street
Suite 910
Boston, MA 02111
United States

+1 (857) 285-8470
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NewStore Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series B) 18-Jul-2017 $50M $88.7M 00000 Completed Startup
2. Early Stage VC (Series A) 22-Jul-2015 0000 000.00 000.00 Completed Startup
1. Seed Round 01-Feb-2015 $8.7M $8.7M $14.8M Completed Startup
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NewStore Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Seed 30,976,537 $0.000100 6% $0.3 $0.3 1x $0.3 14.32%
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NewStore Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Activant Capital Group Growth/Expansion Minority 000 0000 000000 0
General Catalyst Partners Venture Capital Minority 000 0000 000000 0
German Accelerator Accelerator/Incubator Minority 000 0000 000000 0

NewStore Executive Team (16)

Name Title Board
Seat
Contact
Info
Stephan Schambach Co-Founder, Chairman and Chief Executive Officer
Joel Abdinoor Chief Financial Officer
Ulrike Mueller Chief Technology Officer
Phil Granof Chief Marketing Officer
Hannes Hesse Director
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NewStore Board Members (4)

Name Representing Role Since Contact
Info
Lawrence Bohn General Catalyst Partners Board Member 000 0000
Scott Galloway Self Board Member 000 0000
Stephan Schambach NewStore Co-Founder, Chairman and Chief Executive Officer 000 0000
Steven Sarracino Activant Capital Group Board Member 000 0000