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

E-commerce logistics company Stord has raised $250 million in a round worth $3 billion, he announced Tuesday. This doubles his tally from a year ago.

The new fund 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 college student CEO Sean Henry and CTO Jacob Boudreau while still at Georgia Tech. It was growing, driven by two young founders, through the VC funding boom, hit unicorn status in 2021.

The startup survived the VC winter and in 2025, it raised $200 million, also led by Strike Capital, resulting in a valuation of $1.5 billion. It has now raised nearly $775 million to date.

Stord provides a network of warehouses and inventory management software for e-commerce. It bills itself as the anti-Amazon brand, giving the brand “competitive speed” while maintaining customer relationships. In this age of AI, an Atlanta-based startup is gaining traction, especially after adding AI features to its software. It happened recently displayed by Google at the Cloud Next technology conference in April.