# NewStore funding: rounds and investors

> NewStore has raised $133M across 3 rounds since 2015. Investors include General Catalyst, Salesforce Ventures and Activant Capital. Every round with its source.

Source: https://millionrounds.com/company/newstore (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *NewStore*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce

Funding summary Updated 26 Oct 2026

**$133M** raised across 3 rounds since 2015, from 3 sources

**$38M** Series A **$50M** Series B **$45M** Series B

- **Latest round:** Series B, $45M Jul 2021
- **Biggest round:** $50M Series B · Jul 2017
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2017 2018 2019 2020 2021

**$38M** Series A

**$50M** Series B

**$45M** Series B

- **First round:** Series A, $38M
- **Biggest round:** $50M
- **Usual gap between rounds:** 3.9 years

## The rounds

- **Jul 2021** Series B **$45M** *2 new* *1 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) Source recorded SEC filing: $47M sold, first sale Jun 2021
- **Jul 2017** Series B **$50M** *2 new* Activant Capital/ General Catalyst Stephan Schambach Reported by FinSMEs SEC filing: $50M sold, first sale Apr 2017
- **Sept 2015** Series A **$38M** *2 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Stephan Schambach](https://millionrounds.com/fund/stephan-schambach) From a historical funding record SEC filing: $30M sold, first sale Jul 2015

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Joel Abdinoor** Executive Officer i
- **Stephan Schambach** Executive Officer, Director i

On the board, as filed i *Carol Meyrowitz* *Jeff Barnett* *Larry Bohn* *Sharen Jester Turney* *Steven Sarracino*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2015 **Series B** 2017 **Series B** 2021 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) [Stephan Schambach](https://millionrounds.com/fund/stephan-schambach) Activant Capital/ General Catalyst Stephan Schambach

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Activant Capital](https://millionrounds.com/fund/activant-capital) VC firm **1** round

[Stephan Schambach](https://millionrounds.com/fund/stephan-schambach) Angel **1** round

Activant Capital/ General Catalyst no record of our own yet **1** round

Stephan Schambach no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=newstore).

## Also claim to have backed them

This firm lists NewStore as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[EnjoyVenture](https://millionrounds.com/fund/enjoyventure) VC firm Per its own site

## Quick answers about NewStore

### Who invested in NewStore?

NewStore's investors include General Catalyst, Salesforce Ventures, Activant Capital, Stephan Schambach and Activant Capital/ General Catalyst, and 1 more on record.

### How much has NewStore raised?

NewStore has raised $133M across 3 rounds since 2015.

### When did NewStore last raise?

NewStore's most recent round was a Series B of $45M in Jul 2021.

### What was NewStore's biggest round?

NewStore's largest round on record is $50M (Series B), in Jul 2017.

### Who backed NewStore first?

NewStore's first round on record, in Sept 2015, was backed by General Catalyst and Stephan Schambach.

### What stage is NewStore at?

NewStore's latest named round is a Series B, in Jul 2021.

### Where is NewStore based?

NewStore is based in the United States.

## Companies like NewStore

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)[**Santé** $23M · Oct 2026](https://millionrounds.com/company/sante)[**Siena AI** $23M · Oct 2026](https://millionrounds.com/company/siena-ai)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)

## Find investors like these

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