New Stand

New Stand

Improving workplace culture and providing convenience and care for employees. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€145—218m (Dealroom.co estimates Jun 2021.)
New York City New York (HQ)
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DateInvestorsAmountRound

$2.2m

Angel

$5.9m

Series A

N/A

-
N/A

$16.0m

Series A

$5.6m

Series A
*

$40.0m

Series B
Total Funding€63.3m

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New Stand operates in the employee engagement and workplace culture market, providing a comprehensive platform designed to enhance the work environment. The company serves businesses looking to improve their office culture and employee satisfaction. New Stand's core offering includes a modular market that delivers customizable snacks, content, and experiences directly to workplaces. Additionally, the New Stand app allows employees to shop, read, game, gift, and more, creating a multifaceted engagement experience. The business model revolves around a subscription service where companies pay for the delivery of these amenities and access to the app. Revenue is generated through these subscriptions and potential in-app purchases. New Stand's target clients are medium to large enterprises aiming to boost employee morale and productivity. The company leverages its in-house content creation team to produce engaging and relevant material, ensuring a steady stream of fresh content for users. By focusing on improving the day-to-day work experience, New Stand aims to create a more connected and motivated workforce.

Keywords: employee engagement, workplace culture, modular market, customizable snacks, content creation, app-based services, productivity, employee satisfaction, subscription model, in-app purchases.