computer-science
Amazon fulfillment competitor Stord raises $250M at $3B valuation
Key takeaways
- E-commerce logistics company Stord has raised a $250 million round at a $3 billion valuation, it announced Tuesday.
- 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.
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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