Atlanta-based logistics startup Stord announced the completion of a late-stage financing round that brought in nearly $250 million and placed the company's valuation at $3 billion. The capital raise coincides with the creation of Stord Labs, a research arm intended to apply advanced intelligence and automation tools to live warehouse and fulfillment operations.
The Series F round was led by existing investors and included participation from Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton and Baillie Gifford. The new valuation marks a twofold increase from the $1.5 billion valuation Stord reported roughly a year ago, when it raised around $200 million in a Series E round.
Stord offers a supply chain platform that blends physical logistics services - including warehousing and fulfillment - with enterprise software powered by artificial intelligence. The company operates more than 100 fulfillment locations and lists clients such as nutrition brand AG1, travel goods maker Monos and apparel company True Classic among those using its services.
Stord Labs will serve as a testing ground for agentic AI, robotics and automation, running experiments against real fulfillment data to seek improvements in warehouse performance and operational efficiency. Company leadership has framed the initiative as a way to accelerate the integration of software and automation into everyday fulfillment workflows.
Sean Henry, the company's founder and CEO, described Stord as providing independent brands with an integrated commerce platform that brings together fulfillment, software and AI. That positioning reflects an emphasis on giving smaller and mid-sized brands access to technology and logistics capabilities to support e-commerce growth.
Financially, Stord said its revenue has expanded by more than tenfold over the past four years. Within that growth trajectory, the company's software business has been growing faster than its overall operations, a trend the company attributes to broader adoption of its AI-enabled e-commerce fulfillment platform.
Investors backing the Series F round signaled support for platforms that supply independent brands with the technological infrastructure they need to compete with larger e-commerce marketplaces such as Amazon. The funding and the launch of Stord Labs together underscore the company’s strategy of pairing physical logistics capacity with software and automation capabilities.
Summary
Stord raised nearly $250 million in a Series F round at a $3 billion valuation and launched Stord Labs to develop and test agentic AI, robotics and automation using live fulfillment data. The round was led by existing investors and follows a previous Series E about a year ago.