Stord raises $250 million, launches Atlanta robotics and AI lab

Stord secured $250 million in fresh equity and lifted its valuation to $3 billion, a sharp jump that underscores how much capital is chasing companies that can offer brands an alternative to Amazon’s fulfillment machine. The Atlanta-founded logistics network said the new money will help launch Stord Labs, a physical intelligence lab in Atlanta built to develop and validate robotics and agentic AI against real orders.

The funding round came from a deep bench of investors: Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond and Lux. For Stord, the raise is less a bet on warehouse automation in the abstract than on whether large consumer brands want more control over their own supply chains, especially after years of shipping shocks, inventory swings and pressure to move faster without handing the entire customer relationship to a single platform.

Stord was founded in 2015 in Atlanta by Sean Henry and Jacob Boudreau while both were still connected to Georgia Tech. Henry built the company after seeing fragmented third-party logistics operations up close, and Stord has positioned that frustration as the core of its pitch: one network, one software layer and one place to coordinate fulfillment, transportation and inventory across channels. The company says its leadership now includes people drawn from Amazon, XPO, Ryder, Walmart and Manhattan Associates.

The valuation leap follows a year of rapid scale. In May 2025, Stord said it had raised more than $200 million at a $1.5 billion valuation and had achieved sustained profitability in 2024. It also said revenue had grown about 10 times over the prior four years, contracted revenue had increased 10 times since 2021, and it powered more than $6 billion of commerce. The company now says it has nearly 100 facilities, more than 1,000 customers, $15 billion in annual gross merchandise value and 8 billion data points a year.

Stord has also been buying capacity to widen its footprint. It acquired ProPack Logistics on April 5, 2024, then bought Pitney Bowes’ e-commerce fulfillment business on July 29, 2024, adding a 640,000-square-foot warehouse in Hebron, Kentucky, which it described as the largest in its network. In February 2026, Stord said it would assume Quiet Logistics’ Dallas fulfillment center from American Eagle Outfitters Inc. and become the preferred fulfillment provider for former Quiet customers. The message behind the capital is clear: independence in logistics is becoming a product brands are willing to pay for at scale.