Funding round
Stord Seed
Stord, which works in omnichannel fulfillment services in Atlanta, raised $2.4M in a Seed round announced on 18 Apr 2018, led by Susa Ventures and Dynamo Ventures. 4 firms took part. It is Stord's first venture round on record.
$2.4M
Amount raised
Not disclosed
Post-money valuation
4
Investors
2 leads
Valuation
What this round says about the price
Stord did not disclose a valuation in this round. It is Stord's first venture round on record, 3 years after it was founded in 2015. It is under 1% of the $531M Stord has raised in the venture rounds on record. Stord raised again 12 months later: a Series A round of $12M in Apr 2019. Its next priced round, a Series D in Sep 2021, valued it at $1.10B.
Stord's funding rounds
Stord has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 18 Apr 2018, led by Susa Ventures and Dynamo Ventures $2.4M
- Series A 17 Apr 2019, led by Kleiner Perkins $12M
- Series B 4 Dec 2020, led by Founders Fund $31M
- Series C 31 Mar 2021, led by BOND $65M
- Series D 14 Sep 2021, led by Kleiner Perkins $90M$1.10B post-money
- Series E 16 May 2025, led by Strike Capital $80M$1.50B post-money
- Series F 26 May 2026, led by Kleiner Perkins $250M$3.00B post-money
- Debt not a venture round 8 Oct 2026, led by Citi $400M
Investors
Who put money in
Susa Ventures and Dynamo Ventures led the round with 2 other firms.
Lead investors
- backs 108 venture-backed companies new investor
- backs 27 venture-backed companies new investor
Also in the round
- backs 141 venture-backed companies new investor
- Engage Fund new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Seed rounds in Warehousing & Storage:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Warehousing & Storage | 9 Jan 2018 | $1.1M | not disclosed | VentureFriends |
| Warehousing & Storage | 1 Aug 2018 | $3.0M | not disclosed | Silverton Partners |
| Warehousing & Storage | 10 Apr 2017 | undisclosed | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Stord raise in its Seed round?
Stord raised $2.4M in its Seed round, announced in Apr 2018.
Who led Stord's Seed round?
Susa Ventures and Dynamo Ventures led it, with Revolution and Engage Fund.
What was Stord's valuation at the Seed round?
It was not disclosed.
Did Stord raise again after this round?
Yes: a Series A round in Apr 2019 of $12M.