E-commerce logistics company Stord announced Tuesday that it has raised $250 million at a valuation of $3 billion. As a result, the valuation was double that of the previous year’s round.
The new funding was led by Strike Capital with participation from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared and Bond.
Stord was founded in 2015 by CEO Sean Henry and CTO Jacob Boudreau while they were still students at Georgia Tech. Run by two young founders, the company soared through the frothy pandemic era of VC funding and achieved unicorn status in 2021.
The startup survived the ensuing winter of VC funding, raising a $200 million mega round in 2025, also led by Strike Capital, at a valuation of $1.5 billion. To date, it has raised a total of approximately $775 million.
Stord provides physical warehouse networking and inventory management software for e-commerce. The company promotes itself as a kind of anti-Amazon, giving brands “speed to compete” while maintaining relationships with customers. In this age of AI, this Atlanta-based fulfillment startup is making a comeback, especially after adding an AI interface to its software. This was recently highlighted by Google at the tech giant’s Cloud Next conference in April.
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