Tech

Stord raises $250 million at $3 billion valuation in latest funding round

The Atlanta-based warehouse network and software provider has now raised approximately $775 million in total, positioning itself as an alternative to Amazon’s fulfilment ecosystem.

Author
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: TechCrunch · original
Amazon fulfillment competitor Stord raises $250M at $3B valuation
E-commerce logistics firm doubles previous valuation with new capital injection led by Strike Capital

E-commerce logistics company Stord has raised a $250 million funding round at a $3 billion valuation, the firm announced on Tuesday. The latest investment doubles the company’s valuation from a round conducted 12 months ago, marking a significant step in its capitalisation journey since the pandemic-era venture capital boom.

The round was led by Strike Capital, with participation from a consortium of major investors including Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond. This latest injection brings Stord’s total funding to approximately $775 million since its inception.

Founded in 2015 by Sean Henry and Jacob Boudreau while they were students at Georgia Tech, the company achieved unicorn status in 2021, valuing the firm at over $1 billion. Stord navigated the subsequent venture capital funding winter and secured a $200 million mega round in 2025, also led by Strike Capital, which valued the company at $1.5 billion.

Based in Atlanta, Stord operates a hybrid model combining physical warehouse networks with inventory management software. The firm describes itself as an "anti-Amazon" alternative, aiming to help brands maintain direct customer relationships while leveraging Stord’s physical infrastructure to compete on speed and efficiency.

The company has recently integrated an AI interface into its platform, drawing renewed attention in the technology sector. Stord was highlighted by Google at its Cloud Next conference in April, underscoring the growing interest in its software capabilities alongside its logistical operations.

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