New Stand
Latest round
- Series B
Last raised
- Jun 2021
Total raised
- $40M
Investors
- 4
About New Stand
Based in the US, New Stand Inc.New Stand Inc. was founded in 2015 and is headquartered in New York, US. The company specializes in enhancing workplace experiences by providing tailored office solutions. The firm’s founder, Lex Kendall, has a history of entrepreneurial ventures, although specific details on prior companies are not provided.New Stand specializes in enhancing workplace experiences by providing a curated selection of products and services tailored to modern offices. Their core offerings include premium coffee sourced from local roasters, seasonal grab-and-go meals customized for individual office requirements, and a diverse range of health-focused snacks. Additionally, they provide catering services for special events and everyday lunches. Their innovative vending solutions utilize computer vision technology to enable frictionless purchasing experiences, complemented by modular fixtures designed for various office spaces.New Stand generates revenue through direct service contracts and partnerships with businesses seeking to enhance employee experiences. The firm conducts B2B transactions, offering tailored services such as coffee, meals, snacks, and catering solutions to corporate clients. Pricing structures are customized to the specific services rendered, allowing clients to opt for subscription models or one-time catering engagements. The company has strategic plans to introduce new product offerings, although specific details on these products have not been disclosed. New Stand is also exploring opportunities to enter new geographic markets, focusing on expansion within more major metropolitan areas in the United States. This growth strategy aims to further enhance their workplace solutions and increase their market presence.
Who invested in New Stand
4 investors across 1 round
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Funding rounds
Series B
Jun 3, 2021
Amount
$40M
Investors
Questions about New Stand
Who invested in New Stand?
New Stand has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has New Stand raised?
New Stand has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did New Stand last raise money?
New Stand's most recent round on record is a Series B, in Jun 2021.
What does New Stand do?
Based in the US, New Stand Inc.
Where is New Stand headquartered?
New Stand is headquartered in New York, US.
Which VCs invest in companies like New Stand?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at New Stand's stage. Their profiles are linked below.
VCs backing retail startups at Series B
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