NewStore
Mobile based shopping retailer experience platform
- 201-500 employees
- Retail
- B2B
- Mobile
- Leather District, Boston, MA
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Company mission
To bring joy back to the shopping experience.
-9% employee growth in 12 months
Our take
With many shoppers and retailers becoming increasingly dependent on smartphone technology, creating a shopping experience that integrates this technology blends the best of both worlds. NewStore has created an iPhone based system that allows retailers and shoppers to experience mobile shopping experiences through the endless aisle, mobile checkout, store fulfillment, real-time inventory, and clienteling.
New Store integrates a variety of components to improve the online shopping and e-commerce experience. Endless Aisle allows sales associates to access inventory from any distribution center. NewStore also improves inventory management and store fulfillment, increasing convenience and inventory visibility. Mobile Checkout features allow sales associates to maintain client relations throughout the purchasing experience.
New Store’s approach to improving the online shopping experience has caught on with a variety of retailers including 5 star nutrition, Burton Snowboards and Outdoor voices.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Catered Lunches
- Relocation Support
- 401K Plan
- Education Budget
- Generous PTO Policy
- Phone Package
- Flexible Work Hours
- Stock Options
- Fully-Stocked Kitchen
- Team Events
- Full Insurance Packages
- Paid Parental Leave
Funding (last 2 of 7 rounds)
Jul 2021
$45m
SERIES B
Jan 2020
$20m
LATE VC
Total funding: $175.4m
This company has top investors
Leadership
Stephan Schambach
(CEO)Stephan is a serial entrepreneur with a proven track record of creating and growing successful tech companies in the United States and Europe. Under their leadership and vision, they brought Intershop and Demandware to IPOs with multi-billion dollar market caps. Stephan has won numerous awards around the world for their technology and entrepreneurial leadership. They are also an investor in several software and green-tech startups