When was NewStore founded?

NewStore was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is NewStore located?

NewStore is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

Who is the current CEO of NewStore?

Stephan Schambach of NewStore. They are also angel investors in 4 startups, including Moonwave Systems.

How many employees does NewStore have?

As of Mar 31, 2026, the latest employee count at NewStore is 162.

Is NewStore a funded company?

NewStore is a funded company, having raised a total of $173M across 6 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jul 22, 2015.

When was the latest funding round of NewStore?

NewStore's latest funding was a $***** Series B round on Jul 08, 2021, with participation from 0 investor.

Where does NewStore rank among its competitors?

NewStore ranks 25th amongst 1146 active competitors, of which 229 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Prozo, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of NewStore?

NewStore's top competitors include Shiprocket, Ecom Express and Locus. Among them, Prozo secured the most recent funding round in August, 2025.

NewStore - 2026 Company Profile, Team, Funding & Competitors

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. The company has 1146 active competitors, including 229 funded and 119 that have exited. Its top competitors include companies like Shiprocket, Ecom Express and Locus.

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/
Social
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

Series B, Jul 08, 2021, $*****

Investors

Activant Capital & 6 more

Ranked

25^th among 1146 active competitors

Employee Count

162 as on Mar 31, 2026

Investment & Acquisitions

CouchCommerce

Similar Companies

Shiprocket & 1255 more

View NewStore's full profile

NewStore is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEWSTORE, INC. CIN: 460554949 , United States, Active	Dec 31, 1999	-	49 (As on Dec 31, 2024)	-

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	1375244	Series B	8633098	2335199	1222995	8581716
Jan 12, 2020	9323753	Series B	3368331	2919923	1678611	Activant Capital & 2 more
May 03, 2018	9228910	Series B	8556027	2974769	4710604	1768909

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View details of NewStore's funding rounds and investors

The 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 1 other company. 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 162 employees as of Mar 26. Here is NewStore's employee count trend over the years:

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Top competitors of NewStore include Shiprocket, Ecom Express and Locus. Here is the list of Top 10 competitors of NewStore, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shiprocket 2012, Gurugram (India), Series E	Provider of e-commerce shipping, fulfillment, marketing, and financial services	$322M	Bertelsmann India Investments, Temasek & 62 others	85/100
2nd	Ecom Express 2012, Gurugram (India), Acquired	Provider of end-to-end delivery services for e-commerce companies	$324M	Warburg Pincus, British International Investment ... & 51 others	73/100
3rd	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Tiger Global Management & 32 others	73/100
4th	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Union Square Ventures ... & 26 others	72/100
5th	BILT 2014, Grapevine (United States), Series B	Developer of an app providing 3D assembly instructions for consumer goods	$32.1M	Silverton Partners, Rock Creek Capital & 5 others	72/100
6th	Fynd 2012, Mumbai (India), Acquired	Platform powering online and in-store retail operations using AI-driven tools	$16M	Kae Capital, Kalysta Capital & 91 others	72/100
7th	Prozo 2014, Gurugram (India), Series A	Online platform offering wholesale and business-focused e-commerce solutions	$20.2M	Sixth Sense Ventures, Earlsfield Capital ... & 31 others	70/100
8th	Anchanto 2011, Singapore (Singapore), Series C	Developer of e-commerce software and supply chain management solutions	$16.1M	MDI Ventures, Innosight Ventures & 13 others	70/100
9th	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	70/100
10th	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, SoftBank Vision Fund ... & 29 others	69/100
25th	NewStore 2015, Boston (United States), Series B	Provider of omnichannel platform with fulfillment and customer engagement services	$173M	Activant Capital, General Catalyst & 5 others	64/100