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Stord
Digital warehouse and distribution network for supply chains
- 201-500 employees
- B2B
- Logistics
- Freight
- Supply Chain
- SaaS
- South Fulton, GA
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Company mission
To make supply chains a competitive advantage for customers.
-11% employee growth in 12 months
Our take
Product distribution models can be challenging to work with due to the many factors that must be considered in organizing this manually. Various warehouses may be required for facilitating the storage of raw materials, manufacturing chains, and shipping yards, and coordinating this with unification can be a complex job for small businesses.
Stord operates a network distribution model for the unification of storage and shipping, focusing on providing Amazon-inspired warehouse services for small businesses. This is achieved by designing bespoke technologies and systems for retail, manufacturing, medical, and other industries. Ultimately, this allows companies to manage storage, manufacturing, and order management within a single space.
Whilst eCommerce giants such as Amazon utilize integrated and uniform storage and delivery systems to boost efficiency and order fulfillment, Stord is making smart moves by bringing these systems to smaller companies. The startup claims that its bespoke solutions can help increase efficiency by decreasing the amount of manual inter-sector communication required, decreasing error rates, and increasing last-mile savings.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Health and Life Insurance
- Paid Parental Leave
- Mental Health Support
- Flexible PTO
- Wellness Reimbursement
Company values
- Bias towards action - Identifying where we can take steps forward, however small, leads us to better solutions faster
- Build for the long term - The work we undertake should leave a positive, lasting impact on customers, partners, employees and candidates
- Eternal optimism - Problems are opportunities to implement creative ideas and learn a new speciality
- Transparency and candor - We believe in fostering a work environment where everyone feels comfortable sharing feedback and opinions
- Empower others - We encourage autonomy and cross-functional collaboration; we hire great people so they can do great work
- Learn and iterate - There’s always room for improvement, so we’re prepared to continually refine new processes or services
Funding (last 2 of 7 rounds)
Aug 2022
$122.5m
LATE VC
May 2022
$120m
SERIES D
Total funding: $443.4m
This company has top investors
Leadership
Sean Henry
(CEO)Studied at Georgia Institute of Technology before spending 4 years at Premier Auto Management and one more year in Lean Management at Hühoco GmbH. They founded STORD in October 2015, serving as CEO ever since.