Stord Raises $250M to Deploy Physical AI Across Network
Stord Raises $250M to Deploy Physical AI Across Network
Publish Date: 2026-05-26 14:51:00
Source Domain: www.pymnts.com
- Stord raised $250 million in a Series F funding round, bringing its valuation to $3 billion.
- The company’s valuation has grown from $1.5 billion achieved in its Series E round which raised $200 million last year.
- Stord has over 1,000 customers, 100 fulfillment locations worldwide and processes over $15 billion in gross merchandise value annually.
- Stord launched Stord Labs to advance physical AI and robotics, aimed at improving brands’ ability to compete online.
- Investors praise Stord’s combination of software, AI and fulfillment network that offers distinct competitive advantages in online commerce.
- Stord acquired Shipwire to expand its global logistics network and technology, adding 12 more fulfillment locations, gaining European Union and UK presence, and access to CEVA Logistics’ global warehouse network.
