The round was led by existing investors doubling down on the company's accelerating growth and expanding market leadership. The round included Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond, and Lux, among others. Alongside the raise, Stord announced Stord Labs, its dedicated environment for advancing physical AI and robotics. Stord is building what independent commerce has always needed and never had: the physical intelligence layer.

Stord is The Consumer Experience Company. Stord provides the fulfillment network, software, and AI that independent brands need to compete on the quality of their direct consumer relationships, from the delivery promise shown at checkout to the return that converts into a repurchase. Through Stord Labs, Stord is advancing the physical intelligence layer that makes its network faster, smarter, and more reliable with every order. With nearly 100 fulfillment locations worldwide, more than 1,000 customers, and over $15 billion in GMV processed annually, Stord's packages touch nearly one in four U.S. households every year.