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Serial Entrepreneur. College Dropout. Never been employed. Founded several tech companies resulting in two IPO's with multi-billion dollar market caps and a $2.8B exit. Author of Makeover: How Mobile Flipped the Shopping Cart.Throughout his career, Stephan has created enormous value by capitalizing on the major turning points in ecommerce. As the future of retail shifts to mobile, his most recent venture - NewStore - takes advantage of this next major inflection point. NewStore transforms brick and mortar shopping into app-powered, digitally connected retail experiences. The first to provide Omnichannel-as-a Service, NewStore integrates cloud-based order management and Mobile POS.Prior to NewStore, Stephan founded Demandware in 2004 and invented the first cloud-based eCommerce service. Demandware provides the leading ecommerce platform offering the industry's leading merchandising tools, total control for merchandisers & web developers, automated software upgrades and unlimited scalability & performance - as an on-demand service. The platform services more than 1600 high-growth branded websites and is growing business significantly in the North America, Europe and Asia. In March 2012, Demandware began trading on the New York Stock Exchange. The company was sold to Salesforce.com for $2.8 billion in Q2 2016 and is now known as Salesforce CommerceCloud. In the early 1990s, he was among the first to recognize ecommerce as a major software market. His company Intershop independently invented some of today's essential ecommerce industry standards and produced the first integrated ecommerce software package. He founded Intershop in 1992 and served as CEO until 2003. Stephan brought the company public on the Frankfurt Stock Exchange's Neuer Market in 1998 and it became NASDAQ listed in 2000.
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Founder And CeoNewstore, Inc.Boston, Ma, Us
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Chairman And InvestorOrca Jan 2022 - PresentOslo, NoOrca is navigation for the modern boater. Meticulously designed to help you plan and find your way at sea, without getting in your way. -
Founder, ChairmanNewstore, Inc. Jan 2015 - PresentBoston, Ma, UsNewStore provides Omnichannel-as-a-Service for retail brands worldwide that want to accelerate their digital transformation. Built for speed and flexibility, NewStore allows brands to easily deliver amazing shopping experiences that store associates and consumers love. Its mobile-first, modular cloud platform includes POS, order management, clienteling, inventory, and native consumer apps. NewStore customers such as Lego, Fossil, Clarks, Burton, Faherty Brand, G-Star RAW, Marine Layer, Scotch & Soda, UNTUCKit, and Vince benefit from the most complete, global omnichannel retail solution available. The company is backed by General Catalyst, Activant Capital, and Stephan Schambach. Stephan served as CEO until May 2024 and is now the Chairman of the board.
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Chairman & Principal InvestorTorqeedo May 2014 - Oct 2017Wessling, Bayern, DeTorqeedo is the market leader in the fast growing electric marine propulsion market. The company provides an award-winning range of green boating products such as electrical outboards motors, electrical propulsion solutions for boats and diesel-hybrid propulsion solutions for yachts.As a sailing enthusiast, Stephan built one of the first fully functional hybrid electric sailing catamarans. He founded the company "Moonwave Systems" to commercialize the propulsion solution, which then was sold to Torqeedo where Stephan became the lead investor in the combined company.As Chairman of the board and lead investor, Stephan supports the management in growing Torqeedo into "Tesla for boats".Torqeedo was acquired for $100MM by Deutz, a German diesel engine manufacturer, in 2017. In 2024, Torqeedo was bought out from Deutz by Yamaha. -
Founder, Ceo, Chairman, DirectorDemandware Feb 2004 - Aug 2015San Francisco, California, UsIn 2004, Stephan founded Demandware and invented the first cloud-based eCommerce service. Demandware provides the leading on-demand eCommerce platform offering the industry's leading merchandising tools, total control for merchandisers & web developers, automated software upgrades and unlimited scalability & performance - as an on-demand service. The company services more than 1000 high-growth branded websites such as Adidas, Barneys, Columbia Sportswear, L'Oreal, Procter & Gamble, Puma, Hugo Boss, S.Oliver, Panasonic and is growing business significantly in the North America, Europe and Asia. Demandware went public on March 15 on NYSE (NYSE: DWRE), making it Schambach's 3rd public offering. Stephan served as CEO, Executive Chairman, and Chairman of the Board. The company was sold to Salesforce.com for $2.8 billion in Q2 2016 and is now known as Salesforce Commerce Cloud. -
Founder And CeoMoonwave Systems Gmbh Apr 2013 - May 2014As a sailing enthusiast, Stephan built one of the first fully functional hybrid electric sailing catamarans. He founded the company "Moonwave Systems" to commercialize the propulsion solution, which then was sold to Torqeedo where Stephan became the lead investor in the combined company.
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Founder And CeoIntershop Communications Dec 1995 - Feb 2004Jena, DeFounded and built one of the first and largest software companies soley dedicated to eCommerce and multi-channel selling on the internet.Closed first significant accounts, Siemens Nixdorf and Hewlett Packard. Negotiated a $20 Million contract with Deutsche Telekom and won them as a significant early investor Took Intershop public on the Neuer Markt, the high tech segment of the Frankfurt Stock Exchange. Listed company on NASDAQ in a secondary public offering raising $100 million, ultimately reaching a $14b market value. Recruited former CEO of Compaq, Eckhard Pfeiffer, as chairman of the board. Intershop consistently ranks among the top four US eCommerce companies in market share.Revenues reached 123m with more than 1000 employees in 17 offices globally.Intershop's flagship product, Enfinity, sold and deployed in over 300 enterprise customers by 2000, including HP, Sony, Daimler Chrysler, BMW, Bosch, TRW, DeutscheTelekom, Bertelsman and the Otto Group.Stephan left the company in 2004 to start Demandware. -
Founder And CeoNetconsult Jan 1992 - Dec 1995Founded the first successful software company in former East Germany, where software had never before been purchased, only copied.Developed Archive 2000, a document imaging software specifically targeting the needs of restructured government institutions after German reunification.Recognizing the potential of eCommerce, changed the direction of the company as competition stiffened in the document imaging software sector.Built and ran one of the first eCommerce sites for a leading computer parts distributor in Germany. 20,000 items were offered for sale via the Internet, immediately increasing sales.
Stephan Schambach Skills
Stephan Schambach Education Details
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Harvard Business SchoolOpm
Frequently Asked Questions about Stephan Schambach
What company does Stephan Schambach work for?
Stephan Schambach works for Newstore, Inc.
What is Stephan Schambach's role at the current company?
Stephan Schambach's current role is Founder and CEO.
What is Stephan Schambach's email address?
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What is Stephan Schambach's direct phone number?
Stephan Schambach's direct phone number is +4917279*****
What schools did Stephan Schambach attend?
Stephan Schambach attended Harvard Business School.
What are some of Stephan Schambach's interests?
Stephan Schambach has interest in Mobile, Clean Technology, Health Care, Consumer Internet, Enterprise Software.
What skills is Stephan Schambach known for?
Stephan Schambach has skills like E Commerce, Enterprise Software, Start Ups, Entrepreneurship, Management, Saas, Leadership, Cloud Computing, Strategy, Venture Capital, Strategic Partnerships, Multi Channel Marketing.
Who are Stephan Schambach's colleagues?
Stephan Schambach's colleagues are Rafael Farias, Jesse Singleton, Dibyojyoti Pal, ⚡️ Stef Sopterean, Mayank Gupta, Antonio Peral Pereira, Maya Dav'e.
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