Tech Company Financing Transactions
New Stand Funding Round
New Stand closed a $40 million Series B investment round on 6/4/2021. Backers included Brookfield Property Partners, Fantail Ventures and Maywic Select Investments.
Transaction Overview
Company Name
Announced On
6/4/2021
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
The company is planning to use its new capital primarily toward expanding into new spaces, office and otherwise. Currently, it's in about 20 locations.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
306 Bowery
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Website
Email Address
Overview
We've reimagined the traditional newsstand at work and on-the-go with a spirit of service, style, and modern convenience. At New Stand, we upgrade the basics, find reliable ways to solve life's daily challenges, and help you discover something new.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Deitchman
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About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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