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HomeFinTechStord: Raises $65M in Series C Funding USA

Stord: Raises $65M in Series C Funding USA

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  • Stord, an Atlanta, GA-based company delivering a cloud supply chain for retailers and ecommerce brands, raised $65m in Series C funding
  • The round led by Bond, which joined by Lineage Logistics, Salesforce Ventures, and existing investors Dynamo Ventures, Founders Fund, and Susa Ventures
  • The company intends to use the funds to continue to build its technology platform and logistics infrastructure
  • Stord is a logistics network that is giving brands a cloud-powered distribution solution to deliver products to consumers faster and more efficiently than they can on their own
  • Its software platform connected to an end-to-end logistics network of more than 500 warehouses and over 20,000 carriers that are within 100 miles of more than 95 percent of the US population
  • This year, the company expects to more than double its 2020 revenue and continue to expand its team

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