Atlanta-based commerce fulfillment company Stord has closed a US$250m Series F funding round at a US$3bn valuation, led by existing investors including Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond and Lux.
The raise will accelerate Stord’s development of what it calls a “physical intelligence layer” for independent brands – combining fulfillment infrastructure, software and AI to help brands compete with Amazon’s Prime delivery experience.
Alongside the funding announcement, the company also launched Stord Labs, a dedicated facility at its Atlanta headquarters where agentic AI, robotics and advanced automation are developed and tested against live orders before being deployed across its network.
Stord currently operates nearly 100 fulfillment locations worldwide – around 20 Stord-operated sites and 80 partner sites – and handles over US$15bn in annual gross merchandise value (GMV). The company serves more than 1,000 brands including AG1, True Classic and Native, and says that its packages reach close to one in four US households each year. Revenue has grown more than 10x over the past four years, with its software business tripling in 2025 and software bookings more than doubling quarter-over-quarter in Q1 2026.
Sean Henry, founder and CEO of Stord, said, “For years, every independent brand has been left to figure out on their own how to compete against the consumer experience Amazon has spent decades and hundreds of billions building. Stord exists to level that playing field. We give independent brands the complete commerce stack: the fulfillment network, software and AI, to deliver a consumer experience that surpasses Prime.”
Stord Labs is central to the company’s next phase. The lab develops and validates new technologies on Stord’s live operating system, enabling innovations to be deployed across its facility network without re-integration. The company says its dataset – encompassing eight billion data points per year across nearly 100 facilities – means every order processed improves the network’s efficiency.
Ilya Fushman, partner at Kleiner Perkins, said, “The next defining infrastructure layer has to connect the physical network, the software and the intelligence layer behind every consumer experience. The company combines scaled fulfillment infrastructure, purpose-built software and AI trained by the patterns of millions of deliveries.”
Stord has completed eight acquisitions to date and employs more than 4,000 people, with over 200 focused on software engineering, product, data science and physical infrastructure.
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