Amazon fulfillment competitor Stord raises $250M at $3B valuation

Source: TechCrunch

Posted: 5:00 AM PDT · May 26, 2026

Image credit: Stord

Funding round

E‑commerce logistics company Stord announced a $250 million financing round at a $3 billion valuation. The round was led by Strike Capital with participation from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond. This valuation doubles the company’s worth from the round raised a year earlier.

Company background

• Founded: 2015 by Georgia Tech students Sean Henry (CEO) and Jacob Boudreau (CTO).
• Growth: Reached unicorn status in 2021 after a $90 million round led by Kleiner Perkins.
• Survival: Weathered the post‑pandemic VC funding slowdown and secured a $200 million “mega round” in 2025 (also led by Strike Capital), bringing the valuation to $1.5 billion.
• Total capital raised to date: Approximately $775 million.

Product and positioning

Stord operates a network of physical warehouses combined with inventory‑management software tailored for e‑commerce brands. The company markets itself as an “anti‑Amazon,” offering brands the speed to compete while allowing them to retain direct customer relationships.

Recent highlights

• AI integration: Added an AI interface to its fulfillment software, attracting renewed interest.
• Google Cloud Next 2026: Featured by Google at its Cloud Next conference in April 2026.
  • Read more: The most interesting startups showcased at Google Cloud Next 2026

References

• Official announcement:
• Unicorn milestone (2021):