Amazon fulfillment competitor Stord raises $250M at $3B valuation
E-commerce logistics company Stord has successfully raised $250 million, achieving a valuation of $3 billion. This funding round, led by Strike Capital, marks a significant increase in the company's valuation from the previous year. Stord aims to provide brands with a competitive edge against Amazon by offering a network of warehouses and inventory management software.
- ▪Stord was founded in 2015 by Sean Henry and Jacob Boudreau while they were students at Georgia Tech.
- ▪The company has raised a total of approximately $775 million to date.
- ▪Stord positions itself as an alternative to Amazon, emphasizing speed and customer relationship ownership for brands.
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In Brief Posted: 5:00 AM PDT · May 26, 2026 Image Credits:Stord Julie Bort Amazon fulfillment competitor Stord raises $250M at $3B valuation E-commerce logistics company Stord has raised a $250 million round at a $3 billion valuation, it announced Tuesday. This doubles its valuation from a year-ago round. The new funding 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-college students CEO Sean Henry and CTO Jacob Boudreau while they were still at Georgia Tech. It was soaring along, run by the two young founders, through the frothy pandemic-era of VC funding, hitting unicorn status in 2021.
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