Stord, an Atlanta, U.S-based cloud supply chain leader, raised $90 million in Series D funding led by Kleiner Perkins.
Lux Capital, D1 Capital, Palm Tree Crew, and existing investors, including BOND, Dynamo Ventures, Founders Fund, Lineage Logistics, and Susa Ventures. In addition, Michael Rubin, Fanatics founder and founder of GSI Commerce, Carlos Cashman, CEO of Thrasio, Max Mullen, co-founder of Instacart, and Will Gaybrick, CPO at Stripe, also participated in the round.
The new funding values the company at $1.1 billion and comes just six months after its $65 million Series C. Stord has raised $205 million in total funding.
Company: STORD, Inc.
Raised: $90.0M
Round: Series D
Funding Month: September 2021
Lead Investors: Kleiner Perkins
Additional Investors: Lux Capital, D1 Capital, Palm Tree Crew, BOND, Dynamo Ventures, Founders Fund, Lineage Logistics, and Susa Ventures, Michael Rubin, Carlos Cashman, Max Mullen, and Will Gaybrick
Company Website: http://www.stord.com/
Software Category: Cloud supply chain
About the Company: Stord is the cloud supply chain enabling companies to compete and grow with world-class logistics – including warehousing, freight, and fulfillment – in a single, integrated platform that's available exactly when and where they need it. Hundreds of B2B and B2C companies like BodyArmor, Advance Auto Parts, and Dollar General use Stord to make their supply chains perform with the speed, flexibility, and ease of the cloud. Led by former operators from Amazon, XPO, and Manhattan Associates, Stord is headquartered in Atlanta and backed by Kleiner Perkins, BOND, Founders Fund, Lux Capital, D1 Capital, Palm Tree Crew, Salesforce Ventures, Susa Ventures, and Lineage Logistics.
Source: https://www.prnewswire.com/news-releases/stord-raises-90-million-series-d-at-a-1-1-billion-valuation-and-acquires-fulfillment-works-to-bring-world-class-logistics-to-every-company-301376945.html