Stord, a commerce-enabling leader providing high-volume fulfillment services and e-commerce technology for omnichannel brands, announced that it has raised more than $200 million in financing. This Series E equity funding is led by Strike Capital, with additional support via growth debt facility from Silicon Valley Bank (SVB), a division of First Citizens Bank, and ORIX USA. New investors, Baillie Gifford, NewView Capital, G Squared, and Georgia Tech Foundation, joined the round and existing investors, Kleiner Perkins, Franklin Templeton, Founders Fund, Bond, Sozo, 137, and Lux, also participated. And the funding round raised Stord’s valuation to $1.5 billion, reflecting the company’s growth trajectory.
Stord’s maturation from an asset-light fulfillment network to a comprehensive omnichannel commerce enablement provider saved online retailers hundreds of millions of dollars across parcel and other fulfillment fees. And since 2021, Stord has grown contracted revenue 10x, shipped billions of units, and dramatically improved the shipping experience for countless consumers while powering several billions of dollars of commerce and reaching around 11.5% of US households last year alone.
Major Milestones
Since 2021, Stord has achieved the following:
— 10x contracted revenue.
— Achieved sustained profitability in 2024.
— Bought and integrated ProPack Logistics and Pitney Bowes e-Commerce.
— Completed record-breaking Q1 2025, with the highest sales bookings to date.
— Expanded to 11 store fulfillment nodes across 13 buildings with a network of third-party centers around the world, including the United Kingdom and the European Union.
— Nearly doubled North American fulfillment footprint with strategic expansions into Canada and key markets in the United States.
— Delivered over 30 million packages to around 11.5% of US homes in 2024.
— Powered nearly 1% of Black Friday Cyber Monday US online sales in 2024.
— Enabled brands to reach 99% of households in two days or less with Stord.
— Reduced average customer product transit time by 1 day or more.
— Saved brands about $130 million in parcel fees in 2024 through scale and technological innovations.
— Added leading brands like Seed Health, Wild, Sundays for Dogs, Elysium, quip, Jolie, V Shred, AG1, and goodr to Stord’s growing portfolio of e-commerce customers.
Brands across a wide array of verticals and industries experienced massive tangible benefits:
1.) quip, an oral wellness company focused on pioneering design to produce better oral care products, avoided millions in potential parcel delay costs and streamlined both its B2B and DTC operations by consolidating fulfillment with a single provider, unlocking new opportunities for global growth.
2.) Alen Corporation, an innovator of HEPA air purifiers, dramatically improved consumer experiences by reducing order preparation time from five days to one, unlocking free two day shipping.
3.) Shower filter company Jolie sustainably grew revenue 6x year-over-year through improved order management and inventory data allowing for optimized order routing and faster delivery times.
4.) The Zero Proof, a leading non-alcoholic beverage online retailer and wholesaler, overcame expensive mispick errors and increased order volume and speed powering a 3.5x year-over-year growth.
What the funding will be used for: With this funding and the support of investors and customers, Stord will continue on its mission of leveling the commerce playing field, so that brands of all sizes can tap into industry-leading tools to deliver a seamless checkout through post-delivery experience on every order, every time, anywhere, and at scale.
With this funding round, Stord will also continue to scale its end-to-end commerce infrastructure and capabilities globally, double down on its organic growth after sustaining 4 quarters in a row of significant bookings beat, while accelerating AI-driven capabilities across its vertically integrated product stack. And it will also explore strategic acquisitions to further strengthen its market position.
KEY QUOTES:
“At Stord, we believe that every brand should have the tools to deliver the fast, affordable, and reliable shipping experiences that consumers have come to expect. Fast and free delivery, easy returns, and full visibility are no longer luxuries; they’re standard consumer expectations. This new funding allows us to double down on our mission to give brands the infrastructure and technology they need to surpass these industry standards, strengthen their margins, and grow on their own terms. We’re excited to keep helping our customers win in an increasingly competitive e-commerce market.”
“Stord is increasingly the market-leader for today’s brands who want a best-in-class consumer experience. Our scale, pricing, speed, trust, and reputation are spinning our flywheel faster than ever, and we are rapidly expanding our value for customers.”
Sean Henry, co-founder and CEO of Stord
“Looking at what Stord has accomplished and the vision ahead, it is clear that the market has been waiting for a solution like this, fit for the future of e-commerce. What makes the company special is how it combines software with efficient operations, and physical logistics, as one integrated service. As consumer expectations rise, brands will need scalable, end-to-end solutions to protect and grow market share in a crowded and dynamic landscape.”
Hendrik Borginon, private companies investment manager at Baillie Gifford
“As it is for all DTC brands, fulfillment is a critical part of the customer experience for Elysium. We have gone through a lot of pain over the years with fulfillment providers. With Stord, our customers are receiving products sooner—two days faster, on average—without any added cost. We have so many areas to think about, so finding a reliable partner for fulfillment is a big win.”
Dan Alminana, founder and COO at Elysium Health
“I’m excited for our next phase of profitable growth and efficiency gains, as we continue to leverage our scale with the incredible technology, team and capabilities at Stord.”
Jordan DeCicco, co-founder and interim CEO at Super Coffee
“Stord’s scale, rapid growth, and profitability are a rare combination, especially in this category, and underscore the uniqueness of their platform. Fulfillment and logistics are now critical extensions of the brand experience. Customers remember the delivery and unboxing experiences just as much as the product itself, and those moments directly influence brand loyalty and growth. Stord’s integrated software platform gives brands the visibility, flexibility, and performance they need to meet rising consumer expectations and turn fulfillment into a competitive edge.”
Nick Bunick, principal at NewView Capital
“Stord is redefining what it means to be an e-commerce partner, not just disrupting the industry, but becoming a trusted extension of every brand’s consumer experience. For brands, the Stord name stands for fast, cost-effective delivery, powered by intelligent algorithms that automatically optimize carrier selection. Over time, we believe end consumers will recognize Stord at checkout as a mark of reliability, knowing their orders will arrive quickly, securely, and hassle-free.”
John Lagomarsino, co-founder and general partner at Strike Capital
