Venture Capital

Next Generation Distribution Provider Stord Raises $12.3M In Series A Funding

by posted 1year ago 53 views
read more. : Next-generation warehouse and distribution startup STORD has raised $12.3 million in Series A funding, led by Kleiner Perkins, along with existing investors that include Susa Ventures and Dynamo, among others. Since its inception in 2015, the startup has raised a total of $15 million to-date. Sean Henry, the CEO of STORD, released a statement explaining how distribution channels are currently broken and there is a need to bring visibility to the warehousing and last-mile space.