E-commerce logistics company Stord raises $250 million funding round at $3 billion valuation announced Tuesday This has doubled its valuation from a year ago.
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 then-college students CEO Sean Henry and CTO Jacob Boudreau while they were still at Georgia Tech. Driven by two young founders, it was growing rapidly during the frothy pandemic-era of VC funding, Achieving Unicorn status in 2021.
The startup also survived the subsequent VC funding winter and raised a mega round of $200 million led by Strike Capital in 2025, taking its valuation to $1.5 billion. It has raised a total of about $775 million to date.
Stord provides a network of physical warehouses and inventory management software for e-commerce. It bills itself as a kind of anti-Amazon, giving brands “the speed to compete” while maintaining their customer relationships. In this AI age, the Atlanta-based fulfillment startup is gaining attention again, especially after adding an AI interface to its software. it was recently Highlighted by Google At the tech giant’s Cloud Next conference in April.
