Stord Raises $250 Million to Deploy Physical AI Across Fulfillment Network

Stord raised $250 million in a Series F funding round to continue expanding its combination of a fulfillment network, software and artificial intelligence that is designed to help brands compete in online commerce.

The round valued the company at $3 billion, Stord said in a Monday (May 26) press release.

That figure is up from the $1.5 billion valuation the company achieved in a May 2025 Series E round in which it raised $200 million.

Stord also announced in the Monday press release that it created Stord Labs, a dedicated environment in the company’s headquarters in which Stord will advance physical AI and robotics to help brands compete.

“Our vertical integration and scaled network create compounding advantages that deliver better, faster, cheaper outcomes with every order we touch,” Stord founder and CEO Sean Henry said in the release. “As AI and physical intelligence advance across our platform, that advantage for our customers is rapidly accelerating.”

Stord has more than 1,000 customers, has nearly 100 fulfillment locations worldwide, and processes over $15 billion in gross merchandise value each year, according to the release.

John Lagomarsino, co-founder and managing partner of Strike Capital, one of the investors in the Series F round, said in the release that Stord’s commerce infrastructure turns fulfillment into a competitive advantage.

“We believe the rise of agentic purchasing will increasingly favor platforms where software and physical operations are deeply integrated,” Lagomarsino said. “Stord is building that infrastructure.”

Ilya Fushman, partner at Kleiner Perkins, another investor in the round, said in the release: “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.”

Stord announced in January that it acquired Shipwire, the AI fulfillment subsidiary of CEVA Logistics, to expand its global logistics footprint and strengthen its technology platform.

The company said the move added 12 fulfillment locations to its network, gave it a stronger presence in the European Union and the United Kingdom, and provided it with access to CEVA Logistics’ global warehouse network spanning more than 170 countries through Shipwire’s existing agreements.

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