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Founded Year

2015

Stage

Series B - IV | Alive

Total Raised

$183.48M

Last Raised

$46.7M | 2 yrs ago

About NewStore

NewStore offers an omnichannel platform for retailers. It offers order management solutions, inventory management solutions, point of sale (POS) solutions, and more. It was formerly known as GoodsCloud. NewStore was founded in 2015 and is based in Boston, Massachusetts.

Headquarters Location

60 South Street Suite 910

Boston, Massachusetts, 02111,

United States

+1 888 983 0496

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ESPs containing NewStore

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / In-Store Tech

The omnichannel store management platforms market aims to transform traditional brick and mortar stores into multi-purpose centers that deliver personalized in-store and remote shopping experiences. These platforms integrate with a retailer's existing technology stack, enabling them to achieve a single customer view across all channels and improve brand loyalty. The market offers solutions that au…

NewStore named as Leader among 11 other companies, including Scandit, Treez, and PredictSpring.

NewStore's Products & Differentiators

    Point of Sale

    modern, mobile, internationally compliant omnichannel POS

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Expert Collections containing NewStore

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

NewStore is included in 8 Expert Collections, including E-Commerce.

E

E-Commerce

10,570 items

S

Store tech (In-store retail tech)

2,252 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

S

Supply Chain & Logistics Tech

4,547 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

P

Payments

2,779 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

C

Conference Exhibitors

5,302 items

F

Fintech

8,095 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

NewStore Patents

NewStore has filed 6 patents.

The 3 most popular patent topics include:

  • Banking technology
  • Mobile payments
  • Online payments
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/28/2018

7/5/2022

Payment systems, Payment service providers, Mobile payments, Banking technology, Online payments

Grant

Application Date

12/28/2018

Grant Date

7/5/2022

Title

Related Topics

Payment systems, Payment service providers, Mobile payments, Banking technology, Online payments

Status

Grant

Latest NewStore News

Canada goes checkout-free: RTIH’s biggest retail technology news stories of the week

Sep 29, 2023

2. Getir and Uber Eats shake hands on pan-European rapid grocery delivery partnership This will go live in UK stores today, and across other European countries in the coming weeks, providing Uber Eats users with access to over 2,000 products, with deliveries expected to be made in minutes. As part of the partnership, Uber Eats customers will also have the option to shop from Gorillas stores in the near future. The roll-out of Getir stores onto the Uber Eats app will be completed in a few weeks from now, when it is claimed millions of users across Europe will be able to have groceries delivered on-demand via the tie up. Orders will be fulfilled by Getir couriers. 3. Retail technology big hitters: introducing the 2023 RTIH Innovation Awards judging panel We’re pleased to announce our judging panel for the 2023 RTIH Innovation Awards , with a stellar line up coming from the likes of Starbucks, Boots, Just Hotter, IGD, EY, Marie Curie, Selfridges, and Situ Live. 2023 judges as follows: Peter Waugh, Director, International Digital (EMEA, LAC & AP), Starbucks Carole Kingsbury, Former Director of IT, Ted Baker Christine Russo, Industry Analyst and Retail Influencer Paula Bobbett, Chief Digital Officer, Boots Sarah Curran, Founder & Chief Menopause Officer, Just Hotter Warren Richmond, Founder and CEO, Situ LIve Matt Bradley, Director and Founder, Retail Technology Show Scott Thompson, Editor and Founder, Retail Technology Innovation Hub Toby Pickard, Global Insight Leader, IGD Matt Taylor, Technology Transformation Leader at EY, Retail and Consumer Products Amodini Chhabra, Investor, Compass Digital Ventures Gary Newbury, Supply Chain Advisor and Delivery Executive Nadine Neatrour, Marketing Director, Selfridges David Polinchock, Co-Founder/President, Unified Brand Experience Lab DON’T DELAY, ENTER TODAY! The fifth edition of the RTIH Innovation Awards is now open for entries. Deadline for 2023 submissions is Friday, 27th October, with winners being revealed at an exclusive event at the Barbican Centre in central London on Wednesday, 29th November. Entries are free and you can submit in multiple categories. For FAQs and entry forms, click here . We're pleased to announce that the 2023 RTIH Innovation Awards are now open for submissions! It's free to enter, with a deadline of early November and winners being announced at an awards ceremony in central London during December @AwardsRtih #retailtech https://t.co/tuEFF9gIE7 4. Amazon Just Walk Out technology expands to Canada, building on US, UK and Australian roll-outs Amazon’s Just Walk Out technology has landed in Canada . It will first become available at two Canadian arenas - Scotiabank Saddledome, home of the NHL’s Calgary Flames on 29th September, and Scotiabank Arena, home of the NHL’s Toronto Maple Leafs and the NBA’s Toronto Raptors on 10th October. It will be available at Market 213 in Scotiabank Saddledome and at Grains and Greens (100 Level) and Molson Market (300 Level) locations in Scotiabank Arena. To enter the store, fans use their credit or debit card at the entry gate. Just Walk Out technology associates the shopper with their payment instrument, and detects the items taken from or returned to store shelves. When guests have completed their visit, they leave and the payment instrument will be charged for the items they took with them. Shortly after exiting, customers will be able to access their receipt online. 5. La-Z-Boy works with 3D Cloud by Marxent as it taps web-based augmented technology Furniture retailer La-Z-Boy reports that 3D product configuration and WebAR OnDemand technology is now available on its website. Powered by 3D Cloud by Marxent, the initiative is part of La-Z-Boy's Century Vision strategic plan. It says that the upgraded product configurators and the addition of appless AR provide an immersive brand experience that bridges online product research with the in-store experience. With over 29 million possible configurations available to consumers, WebAR OnDemand aims to bring a new level of convenience to shoppers who want to research, configure, and plan furniture purchases online before visiting a physical retail location. The approach uses 3D Cloud WebAR OnDemand to automate 3D content creation and deploy WebAR at scale. ⚡️Big things are happening at La-Z-Boy! Introducing Next-Gen 3D Product Configuration with WebAR OnDemand™, powered by 3D Cloud™ by Marxent. 🚀Explore, customize, and envision the perfect space. Read the full press release below. https://t.co/DCZfCtH2SX pic.twitter.com/oqELL8B0CZ 6. ALDI Nord taps shopreme technology as it tests out self-checkout solutions in Dutch stores shopreme is working with ALDI Nord on a project across several stores in the Netherlands that involves scan and go, self-checkout kiosks and exit terminals. The initiative marks the first instance of ALDI Nord testing self-checkout solutions in its stores. It includes integrating the shopreme SDK into the ALDI customer app. Customers can now use the app to scan products and make payments using such methods as iDEAL, debit cards, credit cards, Google Pay and Apple Pay. This process culminates with issuing a digital receipt within the app, enabling customers to leave the store by scanning an exit code at the shopreme vector terminal which opens the checkout gate. An alternative options sees customers scan their products at the shopreme matrix self-checkout kiosk. This dispenses an exit code receipt that opens the vector exit terminal to leave the store after payment. 7. British fashion retailer AllSaints embraces NewStore mobile first vision with mPOS and app roll-outs AllSaints is set to roll-out NewStore’s mobile Point of Sale (mPOS) in more than 200 stores globally. The British fashion retailer previously selected NewStore to replace its homegrown direct-to-consumer mobile app. "Our goal has always been to create customer journeys that are effortless and contemporary. To do this, we needed a modular yet comprehensive omnichannel platform that could empower us to innovate and adapt," says James Reid, Chief Innovation Officer, AllSaints. "We originally selected NewStore to build our consumer app, but that was just the beginning. By expanding our partnership, we are elevating the overall customer experience and future-proofing our technology strategy at the same time." Featured

NewStore Frequently Asked Questions (FAQ)

  • When was NewStore founded?

    NewStore was founded in 2015.

  • Where is NewStore's headquarters?

    NewStore's headquarters is located at 60 South Street, Boston.

  • What is NewStore's latest funding round?

    NewStore's latest funding round is Series B - IV.

  • How much did NewStore raise?

    NewStore raised a total of $183.48M.

  • Who are the investors of NewStore?

    Investors of NewStore include Activant Capital, General Catalyst, Stephan Schambach and Salesforce Ventures.

  • Who are NewStore's competitors?

    Competitors of NewStore include Mercaux, Omniful, StockAgile, XY Retail, PredictSpring and 16 more.

  • What products does NewStore offer?

    NewStore's products include Point of Sale and 3 more.

  • Who are NewStore's customers?

    Customers of NewStore include Untuckit, Decathlon, GANNI and Goorin Bros.

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Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare NewStore to Competitors

Nextail Logo
Nextail

Nextail operates as a cloud-based software platform. It uses analytics and optimization algorithms based on fast fashion paradigms to improve inventory allocation and store operations. It provides business-to-business (B2B) services to the retail industry globally. It was founded in 2014 and is based in Madrid, Spain.

Union Crate Logo
Union Crate

Union Crate aims to automate supply chain management using predictive analytics and strategic data to simplify digital transformation.

PredictSpring Logo
PredictSpring

PredictSpring operates as an omnichannel commerce platform. It offers store fulfillment, order management, inventory management, and more. It serves apparel and footwear, health and beauty, home furnishings, wineries, watches, and other sectors. The company was founded in 2013 and is based in Los Altos, California.

RELEX Logo
RELEX

RELEX provides an integrated retail and supply chain planning system. The company offers a platform for demand planning, merchandising, supply chain, retail operations and more. It serves retail enterprises globally. The company was formally known as RELEX Solutions. It was founded in 2005 and is based in Helsinki.

Mercaux Logo
Mercaux

Mercaux provides omnichannel store platforms. It empowers retailers to deliver shopping experiences both in-store and remotely. It uses assisted selling and self-service digital solutions to increase the in-store experience. The company was founded in 2013 and is based in London, United Kingdom.

Vekia Logo
Vekia

Vekia creates supply chain visibility software solutions for retailers. It provides predictive analytics for retailers to increase profit margins by placing the right product in the right place, at the right time. The company focuses on sales forecasting and supply chain optimization, customer load forecasting, and more for retail. It was founded in 2008 and is based in Lille, France.

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