Stord bags $250 million in Series F funding at $3 billion valuation in round led by Strike Capital
E-commerce logistics specialist Stord has announced a nearly $250 million Series F funding round at a $3 billion valuation. This included Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond, and Lux.
It says it will use the cash to accelerate its mission to give independent brands the complete commerce stack to own their direct consumer relationships.
"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. By every measure, independent brands have been losing,” says Sean Henry, Founder and CEO at Stord.
“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. Our vertical integration and scaled network create compounding advantages that deliver better, faster, cheaper outcomes with every order we touch. As AI and physical intelligence advance across our platform, that advantage for our customers is rapidly accelerating.”
“As True Classic scaled from a DTC brand into a true omnichannel business, Stord has been the fulfillment partner that made it possible. Their ability to manage complex kitting, multi-retailer compliance, and high-velocity D2C shipping from a single network gave us the operational backbone to grow without compromise. Meanwhile, we’ve become a top user of their AI features, which has accelerated our business insights and enabled our organisation to move faster than ever,” says Josh Bultz, COO at True Classic.
"Commerce infrastructure gets built once. From our earliest conversations with Sean Henry, it was clear Stord was assembling something rare: software, physical infrastructure, and AI combined in a way that turns fulfillment into a competitive advantage rather than a cost center. We believe the rise of agentic purchasing will increasingly favour platforms where software and physical operations are deeply integrated. Stord is building that infrastructure. That is why Strike is proud to deepen our partnership in this round,” says John Lagomarsino of Strike Capital.
“Modern commerce has created enormous operational complexity for brands,” comments Ilya Fushman, partner at Kleiner Perkins. “The next defining infrastructure layer has to connect the physical network, the software, and the intelligence layer behind every consumer experience. That’s what makes Stord so compelling. The company combines scaled fulfillment infrastructure, purpose built software, and AI trained by the patterns of millions of deliveries. We believed in that vision when Kleiner Perkins first backed Stord in 2019, and our conviction has only grown as Stord turns fulfillment into a source of speed, clarity, and customer trust.”
2026 RTIH Innovation Awards
E-commerce logistics will be a key focus area at the 2026 RTIH Innovation Awards.
The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world.
Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.
Check out our 2025 winners here.
Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.
In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”
“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”
He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”
Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.
