TechCrunch
E-commerce logistics company Stord announced today that it has successfully raised $250 million in its latest funding round, achieving a valuation of $3 billion. This significant milestone marks a doubling of the company’s valuation from the previous year.
The funding round was led by Strike Capital, with notable participation from esteemed investors such as Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond.
Founded in 2015 by CEO Sean Henry and CTO Jacob Boudreau during their time as college students at Georgia Tech, Stord quickly gained traction in the market. The company flourished during the pandemic-driven surge in venture capital funding, reaching unicorn status in 2021.
After navigating the challenges of a tightened funding climate, Stord raised a substantial $200 million in a round led once again by Strike Capital in 2025, elevating its valuation to $1.5 billion. To date, the company has amassed approximately $775 million in total funding.
Stord specializes in providing a robust network of physical warehouses coupled with inventory management software tailored for e-commerce businesses. The company positions itself as an alternative to Amazon, enabling brands to maintain direct customer relationships while gaining the agility needed to compete effectively. In the current AI-driven landscape, Stord has renewed attention following the integration of an AI interface into its software. This innovation was notably recognized by Google during its Cloud Next conference held in April.
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