Stord Raises $90 Million Series D At A $1.1 Billion Valuation And Acquires Fulfillment Works To Bring World-Class Logistics To Every Company
Stord Raises $90 Million Series D At A $1.1 Billion Valuation And Acquires Fulfillment Works To Bring World-Class Logistics To Every Company
09/14/21, 10:22 PM
Location
atlantaMoney raised
$90 million
Round Type
series d
Stord, the cloud supply chain leader, announced $90 million in Series D funding led by Kleiner Perkins, with additional participation from Lux Capital, D1 Capital and 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, joined 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 Info
Location
atlanta, georgia, united states
Additional Info
With FulfillmentWorks, the company says it has increased its first-party warehouses, coupled with its network of over 400 warehouse partners and 15,000 carriers. We want every company to have world-class, Prime-like supply chains. This time, Stord has raised $90 million in a Series D round of funding at a post-money valuation of $1.125 billion — more than double the $510 million that the company was valued at when raising $65 million in a Series C financing just six months ago.