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NewStore Stock
Retail Platform
About NewStore Stock
NewStore operates a platform for retailers to run their stores on the iPhone. Purpose-built for mobile shoppers, the company provides Omnichannel-as-a-Service with the only integrated cloud OMS and mobile POS. Intuitive store associate apps allow retailers to offer seamless shopping experiences through the endless aisle, mobile checkout, store fulfillment, real-time inventory, and clienteling. An API-first architecture and an expansive ecosystem of partners means retailers can deploy fast and flexible omnichannel with ease. NewStore was founded by Stephan Schambach, who pioneered e-commerce at Demandware (now Salesforce Commerce Cloud). The company has offices in Berlin, Boston, and New York.
Investors
Activant Capital
Indigo, Bolt Financial, Better.com, Current, ShopKeep, NewStore, Turvo, Sardine
General Catalyst Partners
Snap, Jet, Stripe, Anduril Industries, Devoted Health, Lacework, Relativity Space, Oscar Health, Hopin, Vroom
Funding History
| February 2015 | $8.7M |
|---|---|
| July 2015 | $30.0M |
| January 2016 | $1.7M |
| July 2017 | $50.0M |
| May 2018 | $20.0M |
| January 2020 | $20.0M |
Management
Founder & Chief Executive Officer
Stephan Schambach
Chief Financial Officer
Joel Abdinoor
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