Funding round
Stord Series C
Stord, which works in omnichannel fulfillment services in Atlanta, raised $65M in a Series C round announced on 31 Mar 2021, led by BOND. 6 firms took part. It is Stord's fourth venture round on record; the one before was a Series B in Dec 2020.
$65M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
Stord did not disclose a valuation in this round. It came 3 months after Stord's Series B. It is 12% of the $531M Stord has raised in the venture rounds on record. Stord raised again 6 months later: a Series D round of $90M in Sep 2021, at $1.10B post-money.
Stord's funding rounds
Stord has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 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 this round 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
BOND led the round with 5 other firms.
Lead investor
- BOND backs 91 venture-backed companies new investor
Also in the round
- Founders Fund backs 368 venture-backed companies new investor
- backs 108 venture-backed companies new investor
- backs 27 venture-backed companies new investor
- Lineage Logistics new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series C rounds in Warehousing & Storage:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Warehousing & Storage | 5 Apr 2021 | $27M | $124M | not named |
| Warehousing & Storage | 1 Dec 2020 | $70M | not disclosed | T. Rowe Price |
| Warehousing & Storage | 24 Sep 2020 | $200M | not disclosed | Taikang Insurance Group and HighLight Capital |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Stord raise in its Series C round?
Stord raised $65M in its Series C round, announced in Mar 2021.
Who led Stord's Series C round?
BOND led it, with Founders Fund, Susa Ventures, Dynamo Ventures, Lineage Logistics and Salesforce Ventures.
What was Stord's valuation at the Series C round?
It was not disclosed.
Did Stord raise again after this round?
Yes: a Series D round in Sep 2021 of $90M at $1.10B post-money.