Amazon fulfillment competitor Stord raises $250M at $3B valuation

In Brief

E-commerce logistics institution Stord has raised a $250 cardinal circular astatine a $3 cardinal valuation, it announced Tuesday. This doubles its valuation from a year-ago round.

The caller backing was led by Strike Capital with information from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond.

Stord was founded successful 2015 by then-college students CEO Sean Henry and CTO Jacob Boudreau portion they were inactive astatine Georgia Tech. It was soaring along, tally by the 2 young founders, done the frothy pandemic-era of VC funding, hitting unicorn presumption successful 2021.

The startup survived the consequent VC backing wintertime and successful 2025, raised a $200 cardinal mega round, besides led by Strike Capital, that brought it to a $1.5 cardinal valuation. It has present raised a full of astir $775 cardinal to date.

Stord offers a web of carnal warehouses and inventory absorption bundle for e-commerce. It bills itself arsenic a benignant of anti-Amazon, giving brands “the velocity to compete” portion inactive owning their lawsuit relationships. In this AI age, the Atlanta-based fulfillment startup is gaining attraction again, particularly aft it added an AI interface to its software. It was precocious highlighted by Google astatine the tech giant’s Cloud Next league successful April.

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