Funding round
Stord Series D
Stord, which works in omnichannel fulfillment services in Atlanta, raised $90M in a Series D round announced on 14 Sep 2021, led by Kleiner Perkins, at a $1.10B post-money valuation. 15 firms took part. It is Stord's fifth venture round on record; the one before was a Series C in Mar 2021.
$90M
Amount raised
$1.10B
Post-money valuation
$1.01B pre-money
15
Investors
1 lead
8.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Stord at $1.10B after the new money. The $90M bought investors about 8.2% of the company. It came 6 months after Stord's Series C. It is 17% of the $531M Stord has raised in the venture rounds on record. Stord raised again 44 months later: a Series E round of $80M in May 2025, at $1.50B 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 31 Mar 2021, led by BOND $65M
- Series D this round 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
Kleiner Perkins led the round with 14 other firms.
Lead investor
- Kleiner Perkins backs 285 venture-backed companies new investor
Also in the round
- Lux Capital backs 194 venture-backed companies new investor
- D1 Capital new investor
- Palm Tree Crew new investor
- BOND backs 91 venture-backed companies new investor
- backs 27 venture-backed companies new investor
- Founders Fund backs 368 venture-backed companies new investor
- Lineage Logistics new investor
- backs 108 venture-backed companies new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
- Baillie Gifford new investor
- backs 43 venture-backed companies new investor
- G Squared backs 40 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- 137 Ventures backs 25 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
The closest in time: 2 in Warehousing & Storage, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| ElasticRun Warehousing & Storage | 28 Apr 2021 | $75M | $400M | Avataar Venture Partners and Prosus Ventures |
| Warehousing & Storage | 6 Jul 2022 | $119M | $1.00B | BlackRock |
| Fivetran Tech Companies | 20 Sep 2021 | $565M | $5.60B | Andreessen Horowitz |
| Commure Tech Companies | 16 Sep 2021 | $500M | $3.50B | Human Capital and Greenoaks Capital |
| Loans & Financing | 22 Sep 2021 | $400M | $2.00B | SoftBank Vision Fund and Warburg Pincus |
| Perfect Day Dairy Products - Farms & Stores | 30 Sep 2021 | $350M | $1.50B | Temasek and Canada Pension Plan Investment Board |
| Payment Processing & Point of Sale | 13 Sep 2021 | $250M | $4.00B | Thrive Capital and General Catalyst |
| CARSOME Automobile Dealers & Manufacturers | 1 Sep 2021 | $200M | $1.30B | not named |
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 D round?
Stord raised $90M in its Series D round, announced in Sep 2021.
Who led Stord's Series D round?
Kleiner Perkins led it, with Lux Capital, D1 Capital, Palm Tree Crew, BOND and Dynamo Ventures and 9 more.
What was Stord's valuation at the Series D round?
$1.10B post-money ($1.01B pre-money).
Did Stord raise again after this round?
Yes: a Series E round in May 2025 of $80M at $1.50B post-money.