E-commerce logistics company Stord announced it has raised $250 million at a $3 billion valuation. This figure is double the company's value from last year. The new funding round was led by Strike Capital, with participation from funds such as Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond. This is reported by Techcrunch.com reports.
Stord was founded in 2015 by Georgia Tech students Sean Henry (CEO) and Jacob Boudreau (CTO). As a result of the venture capital influx during the pandemic, the startup achieved "unicorn" status in 2021. Despite subsequent market downturns, the company completed a $200 million round led by Strike Capital in 2025, reaching a valuation of $1.5 billion.
To date, Stord has raised a total of approximately $775 million. The company offers a network of physical warehouses and inventory management software for e-commerce brands. It positions itself as an alternative to the Amazon system, providing brands with competitive speed while maintaining direct relationships with customers.
In the era of artificial intelligence, this Atlanta-based startup has once again come into the spotlight. Its reputation grew especially after adding an AI interface to its software. Recently, at the Google Cloud Next conference in April, the tech giant Google specifically highlighted Stord's operations.
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