Stord Pulls In $90M Series D Funding Round
Summary
The round was 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. 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 thats 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.