What is Stord?
Stord operates as a comprehensive supply chain solutions provider, offering a suite of services that encompass warehousing, transportation, and fulfillment. Its technology stack includes Order Management System (OMS) and Warehouse Management System (WMS) software, designed to cater to high-volume, omnichannel mid-market and enterprise brands. By leveraging Stord's platform, brands can enhance customer delivery experiences at scale while optimizing operational costs and efficiency. The company's client roster includes notable names such as Athletic Greens, Native, Tula, American Giant, Branded, and Thrasio. Stord's leadership team comprises former operators from industry giants like Amazon, XPO, and Manhattan Associates, bringing deep operational expertise to the Atlanta-based company.
How much funding has Stord raised?
Stord has raised a total of $570.7M across 5 funding rounds:
Angel/Seed
$2.4M
Series A
$12.3M
Series B
$31M
Series C
$65M
Series D
$210M
Angel/Seed (2018): $2.4M with participation from Susa Ventures, Revolution’s Rise of the Rest Seed Fund, and Dynamo
Series A (2019): $12.3M, investors not publicly disclosed
Series B (2020): $31M supported by Kleiner Perkins Caufield & Byers, Susa Ventures, Dynamo, Karen Page, and Jeffrey Raider
Series C (2021): $65M featuring Susa Ventures, Salesforce Ventures, Lineage Logistics, BOND, Dynamo Ventures, and Founders Fund
Series D (2022): $210M backed by Founders Fund, Strike Capital, Kleiner Perkins, Sozo Ventures, 137 Ventures, and Franklin Templeton Investments
Key Investors in Stord
Founders Fund
Founders Fund is a venture capital firm that invests in companies across all sectors and stages, with partners who have been founders and early funders of major tech companies like SpaceX and Airbnb. They offer a founder-friendly investment strategy with significant support.
Kleiner Perkins
Kleiner Perkins is a venture capital firm focused on investing in early and growth-stage technology and life science companies, providing both capital and operational support from seed through IPO.
Susa Ventures
Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, aiming to build billion-dollar companies and providing capital and community without taking board seats.
What's next for Stord?
The substantial enterprise-level investment in Stord signals a strategic push towards further scaling its operations and technological advancements. This capital infusion is likely to fuel expansion into new markets, enhance its existing service offerings, and potentially drive further innovation in supply chain technology. With a focus on providing a competitive advantage through optimized logistics, Stord is well-positioned to capitalize on the growing demand for efficient and scalable supply chain solutions. The company's trajectory suggests a continued focus on empowering brands to manage their supply chains seamlessly and cost-effectively, potentially leading to further market consolidation or strategic partnerships.
See full Stord company page
