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NewStore Stock

Retail Platform

Founded

2015

Notable Investors

Salesforce Ventures

Headquarters

Boston MA, US

Total Funding

$110M

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

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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