See other companies on Welcome to the Jungle

NewStore

Mobile based shopping retailer experience platform

NewStore logo
201-500 employees
  • Retail
  • B2B
  • Mobile
Leather District, Boston, MA

Company mission

To bring joy back to the shopping experience.

Top investors

-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 headshot

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

Company values

  • Shared Success - Act on behalf of the entire company, not just your own teams. Walk in the shoes of our customers, team members, and partners. We are experts in our field and we find solutions by compromising and making tough decisions together. When our customers win, we win. When our team members win, we win. Together we win.
  • Integrity - Be present, observe, and respectfully challenge ideas by asking questions, even when doing so is uncomfortable. Ensure that once a decision is made, we commit and we hold each other accountable. Every word and action comes from a place of care, ensuring debate around ideas and not people. We grow together.
  • Innovation - Take smart risks, learn from them, and share your learnings. We leave our comfort zones together. Be curious and inquire if this can be done better now. Seek constant improvement and disrupt current processes and ways of working through various perspectives. Everyone is capable of coming up with new ideas and making a difference.

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 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