Stord raised $250 million in a Series F round valuing the company at $3 billion. The funding supports expansion of its warehouse network and investment in AI and robotics. Stord positions its advantage as fulfillment infrastructure that enables fast, reliable delivery, similar to Amazon’s next-day capability. The company operates nearly 100 warehouses globally and processes more than $15 billion in annual gross merchandise value across more than 1,000 customers. Stord has completed eight acquisitions, including Ware2Go, Shipwire, and an e-commerce fulfillment operation from Pitney Bowes. It also launched Stord Labs to test robotics and automation systems before deploying them across its network, aiming to streamline order handling, reduce costs, and improve delivery speed.
"Alongside the funding, Stord announced the launch of Stord Labs, a facility designed to test robotics and automation systems before deploying them across the warehouse network. Henry said the company is working with more than five robotics vendors but did not name them. The goal is to use AI and robotics to streamline order handling, reduce costs, and push delivery speeds closer to what A"
#logistics-technology #warehouse-automation #ai-and-robotics #supply-chain-fulfillment #venture-funding
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