E-commerce logistics company Stord has raised a $250 million round at a $3 billion valuation, announced Tuesday. This doubles its valuation compared to the previous year.
The new financing 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-CEO of Undergraduates Sean Henry and CTO Jacob Boudreau while they were still at Georgia Tech. It was flying, led by the two young founders, through the frothy pandemic era of venture capital funding, reach unicorn status in 2021.
The startup survived the following winter of venture capital funding and, in 2025, raised a $200 million mega round, also led by Strike Capital, that took it to a $1.5 billion valuation. To date it has raised a total of about $775 million.
Stord offers a network of physical warehouses and inventory management software for e-commerce. It presents itself as a kind of anti-Amazon, giving brands “the speed to compete” while still owning their relationships with customers. In this era of AI, the Atlanta-based compliance startup is gaining attention again, especially after it added an AI interface to its software. it was recently featured by google at the tech giant’s Cloud Next conference in April.
