ATLANTA, GA, Stord has raised a $31M Series B funding round led by Founders Fund.
Stord has raised a $31M Series B led by Founders Fund. The Series B also included significant participation from existing investors Kleiner Perkins, Susa Ventures, and Dynamo, as well as participation from strategic investors such as Jeffrey Raider at Good Friends Fund (Co-Founder of Harrys and Warby Parker) and Karen Page at B-Capital (venture arm of Boston Consulting Group).
Stord's logistics network includes 500+ warehouses and 15k+ carriers, and provides brands a cloud-based platform that offers complex logistics services, with service levels typically only available for the largest brands, and with utility-like pay-as-you-go pricing that a brand can leverage from startup to enterprise-level scale.
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