E-commerce logistics firm Stord has raised a $250 million spherical at a $3 billion valuation, it announced Tuesday. This doubles its valuation from a year-ago spherical.
The brand new funding was led by Strike Capital with participation from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond.
Stord was based in 2015 by then-college college students CEO Sean Henry and CTO Jacob Boudreau whereas they had been nonetheless at Georgia Tech. It was hovering alongside, run by the 2 younger founders, by way of the frothy pandemic-era of VC funding, hitting unicorn status in 2021.
The startup survived the following VC funding winter and in 2025, raised a $200 million mega spherical, additionally led by Strike Capital, that introduced it to a $1.5 billion valuation. It has now raised a complete of about $775 million up to now.
Stord presents a community of bodily warehouses and stock administration software program for e-commerce. It payments itself as a kind of anti-Amazon, giving manufacturers “the velocity to compete” whereas nonetheless proudly owning their buyer relationships. On this AI age, the Atlanta-based success startup is gaining consideration once more, particularly after it added an AI interface to its software program. It was lately highlighted by Google on the tech large’s Cloud Subsequent convention in April.
