Stord
Stord Raises $90M in Series D
Stord Raises $90M in Series D
Stord has successfully raised $90M in a Series D at a $1.3B valuation led by Kleiner Perkins, Founders Fund, Susa Ventures, Dynamo Ventures, Bond Capital.
Company Overview
Stord is a Logistics company headquartered in 1170 Howell Mill Road, Atlanta, GA 30318, founded in 2015 with 600+ employees.
Cloud supply chain platform
Fundraising Details
- Amount Raised: $90M
- Round Type: Series D
- Valuation: $1.3B
- Date: 2024-08-09
- Investors: Kleiner Perkins, Founders Fund, Susa Ventures, Dynamo Ventures, Bond Capital
About Stord
Cloud supply chain platform The company is positioned in the Logistics sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 1170 Howell Mill Road, Atlanta, GA 30318
- Founded: 2015
- Team Size: 600+
- Industry: Logistics
What This Means
This funding round demonstrates strong investor confidence in Stord's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Logistics sector continues to attract significant investment as companies innovate to meet evolving market demands. Stord's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.3B valuation marks an important milestone for Stord, positioning the company among notable players in the Logistics industry.
Looking Ahead
With this new capital, Stord is well-positioned to execute on its growth strategy and continue building innovative solutions in the Logistics space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-08-09. For more information about Stord, visit their headquarters at 1170 Howell Mill Road, Atlanta, GA 30318.
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