NewStore - About the company
NewStore is a series B company based in Boston (United States), founded in 2015 by Stephan Schambach. It operates as a Provider of omnichannel platform with fulfillment and customer engagement services. NewStore has raised $173M in funding from Activant Capital and Salesforce Ventures, with a current valuation of $*****. The company has 1141 active competitors, including 215 funded and 114 that have exited. Its top competitors include companies like Shiprocket, Pickrr Services and Fynd.
Company Details
NewStore is a provider of omnichannel platform with fulfillment and customer engagement services. Its mobile retail platform provides retailers and brands with an omnichannel presence linking their online and offline activity. The mobile retail platform creates a cloud and mobile-based layer that integrates the retailers/brand's existing ERP systems, etc. Solutions include mobile commerce, fulfillment, mobile checkout, inventory, customer engagement, mobile checkout, store fulfillment, real-time inventory, and clienteling.
- Website
- www.newstore.com/
- Email ID
- *****@newstore.com
- Phone Number
- +1 **********
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2015
Location
Boston, United States
Stage
Series B
Total Funding
$173M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2021
Investors
Ranked
29th among 1141 active competitors
Employee Count
156 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with NewStore
NewStore is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NEWSTORE, INC. CIN: 460554949 , United States, Active | Dec 31, 1999 | - | 49 (As on Dec 31, 2024) | - |
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NewStore's funding and investors
NewStore has raised a total funding of $173M over 6 rounds. Its first funding round was on Jul 22, 2015. NewStore has 5 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of NewStore:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 08, 2021 | 7617276 | Series B | 2249723 | 3404132 | 5919832 | 8284388 |
Jan 12, 2020 | 7735464 | Series B | 5590816 | 9206585 | 9337815 | |
May 03, 2018 | 1299842 | Series B | 6504902 | 7605779 | 6563565 | 1424965 |
View details of NewStore's funding rounds and investors
NewStore's founders and board of directors
Founder? Claim ProfileThe founders of NewStore is Stephan Schambach.
Here are the details of NewStore's key team members:
- Stephan Schambach: Founder & CEO of NewStore and founder of 2 other companies, Demandware and Moonwave Systems. They are also an angel investor in 4 startups.Contact Info: 2 email addresses
View details of NewStore's Founder profiles and Board Members
NewStore's employee count trend
NewStore has 156 employees as of Aug 26. Here is NewStore's employee count trend over the years:
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NewStore's Competitors and alternates
Top competitors of NewStore include Shiprocket, Pickrr Services and Fynd. Here is the list of Top 10 competitors of NewStore, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shiprocket 2012, Delhi (India), Public | Provider of e-commerce shipping, fulfillment, marketing, and financial services | $322M | 87/100 | |
2nd | Pickrr Services 2015, Gurugram (India), Acquired | Provider of AI-based logistics management solutions | $16.4M | 78/100 | |
3rd | Platform powering online and in-store retail operations using AI-driven tools | $16M | 72/100 | ||
4th | Shippo 2013, San Francisco (United States), Series E | Provider of web-based shipping solution for e-commerce businesses | $154M | 72/100 | |
5th | Locus 2015, Milpitas (United States), Acquired | Provider of an AI-powered platform for optimizing logistics and delivery | $82.5M | 72/100 | |
6th | Stord 2015, Atlanta (United States), Series F | Provider of cloud-based end-to-end logistics and supply chain management solutions | $777M | 71/100 | |
7th | Provider of supply chain warehousing, logistics, and order management software | $20.2M | 70/100 | ||
8th | Ecom Express 2012, Gurugram (India), Acquired | Provider of end-to-end delivery services for e-commerce companies | $324M | 70/100 | |
9th | ShipBob 2014, Chicago (United States), Series E | Provider of e-commerce fulfillment solutions for direct-to-consumer brands | $333M | 70/100 | |
10th | Veeqo 2012, Swansea (United Kingdom), Acquired | Provider of multichannel ecommerce shipping software with order and inventory management | $11.5M | 69/100 | |
29th | NewStore 2015, Boston (United States), Series B | Provider of omnichannel platform with fulfillment and customer engagement services | $173M | 52/100 |
Looking for more details on NewStore's competitors? Click here to see the top ones
NewStore's Investments and acquisitions
NewStore has acquired CouchCommerce. NewStore has not made any investments as of now.Reports related to NewStore
Here is the latest report on NewStore's sector:
News related to NewStore
Media has covered NewStore for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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VEJA partners with NewStore, SAP, Syntax for unified commerce strategyRetail Technology Innovation Hub•Sep 15, 2025•Veja, SAP, NewStore
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Jewells Deploys NewStore Unified Commerce Platform in UK Stores for Global ExpansionRetail Technology Innovation Hub•Aug 06, 2025•NewStore, fashionjewell.com
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AllSaints Wraps Roll-Out of Dixa Customer Service Platform in Three WeeksRetail Technology Innovation Hub•Jun 16, 2025•Allsaints, Dixa, NewStore
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Australian brand Oroton selects NewStore to replace its legacy PoS and order management systemRetail Technology Innovation Hub•Mar 18, 2025•OrotonGroup, NewStore
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2024 RTIH Innovation Awards winner NewStore announces availability on SAP Store online marketplaceRetail Technology Innovation Hub•Jan 28, 2025•NewStore
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Adyen Goes Live with Tap to Pay on iPhone with Launch Partner NewStore in New ZealandFintech Finance•Nov 21, 2024•NewStore, Adyen
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Unified commerce specialist NewStore appoints retail technology veteran Pat Deskin as Chief Revenue OfficerRetail Technology Innovation Hub•Sep 10, 2024•NewStore
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