Sean Henry and Jacob Boudreau, who founded Stord while undergraduates at Georgia Tech, have doubled their company's valuation in a year. Stord announced a $250 million funding round on Tuesday, reaching a $3 billion valuation—up from $1.5 billion 12 months ago.
The round was led by Strike Capital, with participation from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond.
Stord hit unicorn status in 2021 during the pandemic VC boom. Unlike many startups that failed in the funding winter, the Atlanta-based firm survived and expanded. It operates a network of physical warehouses paired with inventory management software, positioning itself as an alternative to Amazon for brands seeking to maintain direct customer relationships.
The company recently added an AI interface to its software and was highlighted by Google at Cloud Next in April. In 2026, AI drives investor attention, and Stord is investing in the capability.
Henry and Boudreau have raised approximately $775 million to date.
The logistics space has drawn renewed focus as e-commerce competition intensifies and brands demand faster fulfillment without ceding control over customer relationships.
