E-commerce logistics company Stord has successfully raised $250 million in a funding round, bringing its valuation to an impressive $3 billion. This marks a significant increase from its previous valuation just a year ago.
The latest funding round was spearheaded by Strike Capital, with contributions from notable investors including Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond.
Founded in 2015 by Sean Henry and Jacob Boudreau while they were students at Georgia Tech, Stord has rapidly evolved in the logistics space. The company achieved unicorn status in 2021, benefiting from the surge in venture capital during the pandemic.
Despite facing challenges in the funding landscape, Stord managed to raise $200 million in 2025, also led by Strike Capital, which elevated its valuation to $1.5 billion. To date, the company has secured approximately $775 million in total funding.
Stord differentiates itself by providing a network of physical warehouses combined with inventory management software, positioning itself as a competitor to Amazon. The company emphasizes enabling brands to maintain their customer relationships while enhancing their operational speed.
Recently, Stord has garnered renewed interest, particularly following the integration of an AI interface into its software. The startup was notably featured by Google during its Cloud Next conference in April, highlighting its innovative approach in the logistics sector.