Stord Raises $200M in Debt and Equity at a $1.5B Valuation in Series E Funding

Supply ChainPlatforms
Written By Rick Watson

Stord is a leading third-party logistics (3PL) provider that combines warehousing, fulfillment, and transportation with cloud-based technology to optimize supply chains for e-commerce and retail businesses.

Logistics startup Stord has announced that it has raised $200 million, a combination of debt and equity, at a valuation of $1.5 billion. According to reports, the equity raise was $80 million, and the debt raised was $120 million. The company is reportedly also looking at mergers and acquisitions, as third-party logistics is a volume-based sector. In 2024, Stord acquired the e-commerce fulfillment segment from Pitney Bowes for a reported $1.25 million.

Fortune: Exclusive: Stord raises $200 million in equity and debt to empower brands competing with Amazon

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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