Stord raises $250 million at $3 billion valuation to deploy AI across fulfillment network

Stord Secures $250 Million to Challenge Amazon's Fulfillment Dominance

Stord, an e-commerce logistics platform, has closed a $250 million Series F funding round at a $3 billion valuation, the supply chain technology company announced Tuesday 1

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. This marks a dramatic doubling of the logistics company's valuation from $1.5 billion just a year ago, when it raised $200 million in its Series E round 2

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. The latest funding round was led by Strike Capital with participation from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond, bringing total capital raised since 2015 to more than $775 million 3

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Physical AI and Robotics Take Center Stage

Alongside the funding announcement, Stord launched Stord Labs, a dedicated research facility at its Atlanta headquarters designed to advance physical AI, robotics and automation systems before deploying them across its warehouse network 5

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. The lab will test agentic AI and robotics against live fulfillment data to streamline order handling, reduce costs, and push delivery speeds closer to what Amazon offers Prime members 2

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. CEO Sean Henry said the company is working with more than five robotics vendors, though he did not name them. "Our vertical integration and scaled network create compounding advantages that deliver better, faster, cheaper outcomes with every order we touch," Henry stated 5

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Revenue Growth Accelerates as Amazon Fulfillment Competitor

Stord's revenue has grown more than tenfold over the past four years, with the company pointing to 2023 as an inflection point that came roughly six months after the launch of ChatGPT 4

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. The software business tripled in 2025 and is expanding faster than the broader AI industry, driven by increasing adoption of its AI-powered supply chain platform 3

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. In Q1 2026, new bookings more than doubled from the prior quarter 4

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. The company currently operates nearly 100 warehouses globally and processes more than $15 billion in annual gross merchandise value across more than 1,000 customers 2

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Building Infrastructure for Independent Brands

Stord positions itself as an Amazon fulfillment competitor by offering independent brands the infrastructure to compete with next-day delivery without surrendering customer data or pricing control to Amazon's marketplace 2

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. The company combines physical warehouses with inventory management software and enterprise software to create an integrated commerce platform 1

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. Brands such as nutrition firm AG1, travel company Monos, and apparel firm True Classic use its platform for their direct consumer relationships 3

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. The company was recently highlighted by Google at the tech giant's Cloud Next conference in April after adding an AI interface to its software 1

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Aggressive Acquisition Strategy Expands Fulfillment Network

Stord has completed eight acquisitions to date, including the purchases of Ware2Go from UPS in 2025, Shipwire from CEVA Logistics in early 2026, and Pitney Bowes' e-commerce fulfillment operation 2

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. The Shipwire acquisition added 12 fulfillment locations to the network and provided a stronger presence in the European Union and the United Kingdom, along with access to CEVA Logistics' global warehouse network spanning more than 170 countries 5

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. The company now employs more than 4,000 employees 4

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Investor Confidence Signals Shift in Logistics Technology

The investor lineup reflects confidence in platforms that provide independent brands with technological infrastructure to challenge e-commerce giants. John Lagomarsino, co-founder and managing partner of Strike Capital, said Stord's commerce infrastructure turns fulfillment into a competitive advantage. "We believe the rise of agentic purchasing will increasingly favor platforms where software and physical operations are deeply integrated," Lagomarsino noted 5

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. Ilya Fushman, partner at Kleiner Perkins, which first backed Stord in 2019, said conviction has only grown as the company turns fulfillment into a source of speed, clarity and customer trust 5

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. Founders Fund, which recently closed a $6 billion fund, participated alongside Kleiner Perkins, which raised $3.5 billion for AI-focused funds in March 2

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. Amazon controls roughly 40 per cent of US e-commerce, leaving the other 60 per cent served by brands that overwhelmingly lack comparable delivery infrastructure 2

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