Stord, an e-commerce logistics company competing with Amazon fulfillment, raised $250 million at a $3 billion valuation, the company announced Tuesday. The new round doubles Stord’s valuation from last year.
Strike Capital led the funding round, with support from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond.
CEO Sean Henry and CTO Jacob Boudreau founded Stord in 2015 while studying at Georgia Tech. The startup grew rapidly during the pandemic-era venture capital boom and reached unicorn status in 2021.
After surviving the venture capital downturn, Stord secured a $200 million funding round in 2025, also led by Strike Capital, which pushed its valuation to $1.5 billion. To date, the company has raised about $775 million.
Stord operates a network of warehouses and inventory management software for e-commerce brands. The company positions itself as an alternative to Amazon fulfillment by helping brands deliver products quickly while maintaining direct customer relationships.
The Atlanta-based startup has gained renewed attention after adding an AI-powered interface to its software platform. Google recently featured Stord at its Cloud Next conference in April.
