# NEW'EE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-ee

- Industry: Consumer Products
- Headquarters: Limoges, France
- Website: www.newee.fr
- Total disclosed funding: $1.6M
- Latest round: Series A (May 26, 2018)
- Investors on record: 3

## About

NEW'EE is a French company specializing in e-commerce solutions, providing a powerful platform for building and managing online retail stores aimed at small to medium-sized enterprises and individual entrepreneurs.Founded in 2011 in Limoges, France, NEW'EE focuses on e-commerce solutions. The company's journey includes four notable deals, with the latest funding round occurring on November 23, 2021, where they raised EUR 476,625 from unspecified investors. The total amount raised to date is EUR 477,000, and the current company valuation stands at EUR 4.772 mn.NEW'EE specializes in e-commerce solutions, offering a robust platform designed to facilitate the creation and management of online retail stores. Their core product is a comprehensive e-commerce software that enables users to build customized websites tailored to various business needs, from inventory management to payment processing. The platform caters to clients such as small and medium-sized enterprises (SMEs) and individual entrepreneurs aiming to establish a strong online presence, serving markets in North America, Europe, and parts of Asia.For the most recent year reported, NEW'EE generated a revenue of EUR 479,580.5 with an EBITDA of EUR -324,470.5, reflecting the financial dynamics of their subscription-based model which includes tiered pricing plans tailored to different user needs.Following their most recent funding deal in November 2021, NEW'EE plans to utilize the raised EUR 476,625 to enhance product offerings and expand into new markets. The company is expected to introduce new features and services on its platform, aiming for a broader reach in Europe and potential entry into Asian markets within the next 12-18 months.

## Funding rounds

- Series A, May 26, 2018, $1.6M — Aquitaine Création Investissement, Galia Gestion, Nouvelle-Aquitaine Co-Investment

## Investors

- Aquitaine Création Investissement (https://capitalatlas.ai/funds/aquitaine-creation-investissement) — Series A
- Galia Gestion (https://capitalatlas.ai/funds/galia-gestion) — Series A
- Nouvelle-Aquitaine Co-Investment (https://capitalatlas.ai/funds/nouvelle-aquitaine-co-investment) — Series A