NewStore revenue hit $26.7M in 2024

NewStore generates revenue from customers

NewStore

Boston, Massachusetts, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How NewStore hit $26.7M revenue with a 232 person team in 2023.

NewStore operates a platform for retailers to run their stores on the iPhone.

Founded

2015

Founded

Revenue

$26.7M

2023 Revenue

YOY

18.4%

YOY

Funding

$175.4M

Funding

NewStore Revenue

In 2023, NewStore revenue run rate hit $26.7M in revenue.

  • 2023

    NewStore hit $26.7M in revenue in 2023

  • 2021

    NewStore hit $19.5M in revenue in 2021

  • 2015

    NewStore launched in 2015 with $0 revenue

NewStore Funding History

  • 2021

    NewStore raised a of in July, 2021

  • 2020

    NewStore raised a of in January, 2020

  • 2018

    NewStore raised a of in May, 2018

  • 2017

    NewStore raised a of in July, 2017

  • 2016

    NewStore raised a of in January, 2016

  • 2015

    NewStore raised a of in July, 2015

  • 2015

    NewStore raised a of in February, 2015

FUNDING DATE ROUND AMOUNT VALUATION
July, 07 2021
January, 12 2020
May, 18 2018
July, 18 2017
January, 01 2016
July, 30 2015
February, 02 2015

Team

NewStore has 232 total employees and 16 sales reps that carry a quota. an engineering team of 82 and a marketing team of 3.

DISTRIBUTION QTY
Total team size 232
Engineer 82 (35%)
Sales 16 (7%)
Marketing 3 (1%)

Founder / CEO

Stephan Schambach

Stephan is a serial entrepreneur with a proven track record of creating and growing successful tech companies in the United States and Europe. Under his leadership and vision, he brought Intershop and Demandware to IPOs with multi-billion dollar market caps.

Q&A

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Customers

Churn

NewStore Executives

Name Position Working Email Personal Email
Stephan Schambach CEO [email protected] -

NewStore Employees

Name Position Working Email Personal Email
Stephan Schambach CEO [email protected] -

Frequently Asked Questions about NewStore

  • When was NewStore founded?

    NewStore was founded in 2015.

  • How much revenue does NewStore generate?

    NewStore generates $26.7M in revenue.

  • Who is the CEO of NewStore

    The CEO of NewStore is Stephan Schambach.

  • How much funding does NewStore have?

    NewStore raised $175.4M.

  • How many employees does NewStore have?

    NewStore has 232 employees.

  • Where is NewStore headquarters?

    NewStore is headquartered at Boston, Massachusetts, United States

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