Sean Henry

He grew up in Atlanta. A 2025 profile by Georgia Tech’s Scheller College of Business writes that he opened an eBayeBayeBay Inc. is an online marketplace company headquartered in San Jose, California, United States, founded in 1995 by Pierre Omidyar; it started out with person-to-person online auctions and listed on Nasdaq in 1998. As of the end of 2025, it had 135 million active buyers, and its platform’s gross merchandise volume in 2025 was nearly $80 billion.Open the full entry account at seven to sell his Christmas presents; in his own account published by Entrepreneur in 2026 he says that he started selling products on eBay when he was about 8 years old and still has the same account, which shows “Member since 2003” at the top.⁠[1][2]

In his essay he recalls that when he sold his own Christmas presents he needed his parents to drive him to UPS and to help move the money from eBay into his bank account; later he also sold on AmazonAmazonAmazon is a publicly traded U.S. technology and retail company founded by Jeff Bezos in 1994, with its principal corporate offices in Seattle. Its businesses span e-commerce, logistics and fulfillment, digital advertising, membership and entertainment services, consumer electronics, and Amazon Web Services cloud computing.Open the full entry, and he put up signs in his neighborhood offering to buy junk, phones and computers, which he then resold.⁠[2]

Fortune writes in 2025 that as a third grader of eight he wanted wooden bats like the ones professional players use, and found an online manufacturer willing to make 25 kid-sized wooden bats for him. He says that his favorite television show growing up was How It’s Made and calls himself “obsessed with manufacturing and building things.” The article adds that as a child he sold unwanted gifts on eBay and as a teenager flipped auto parts online to pay for his car.⁠[3]

The Scheller College profile adds that as a child he also flipped electronics and launched a messaging app for sports arenas, which failed.⁠[1]

He attended The Galloway School in Atlanta, and while there he started an iPhone repair business and an online automobile advertising and marketing business.⁠[4]

A 2017 Scheller College profile writes that he had not considered the Georgia Institute of Technology (Georgia Tech) until he was invited to interview for the Dean’s Scholarship, and that he was impressed by the startup and innovation activity around the Scheller College of Business; he credits Craig Womack, then assistant dean and director of undergraduate programs, with his decision to attend, and said: “As a student with a love for business and emerging technology, I found a community I was eager to call home.”⁠[4]

Scheller College’s 2025 profile writes that he had planned to go to college farther from home, but a Dean’s Scholarship from Scheller together with Georgia’s HOPE and Zell Miller scholarships made staying local the better financial choice; a tour of ATDC and conversations with Craig Womack, by then associate dean of undergraduate programs, also shaped his decision. “I really wanted to go to a school that valued the outcome of education,” he said. In his essay he says that he chose Georgia Tech because he had a full-ride scholarship, had business contacts in Atlanta, and could take free classes at ATDC on fundraising, customer discovery and hiring.⁠[1][2]

In his essay he says that in the summer before he started at Georgia Tech he worked at an automotive manufacturer from which he had previously bought parts to resell, wanting to learn how its chief executive had built the business. Scheller College’s profile places this manufacturing company in Germany, writes that he returned from the summer job shortly before starting college, and says that he saw parallels between its operational problems and those he had faced running his own e-commerce business; Georgia Tech and FreightWaves describe the work as supply chain optimization at an automotive manufacturer in Germany, which showed him first-hand how fragmented and disconnected the technology of the third-party logistics industry was.⁠[2][1][5][6]

Scheller College’s profile writes that the rough idea for Stord came together over a family dinner the night he returned from Germany, when he was 18, and that in October 2015, about two months into his first semester, he launched Stord LLC. In his essay he says, “I was 18 the day I registered for Stord LLC,” and that he put $5,000 to $10,000 of his savings into the business; that was not enough to open a warehouse, so he approached existing warehouses, offering to bring them volume from many customers, backed by a regional network of partner warehouses across the country and by revenue and technology, and the warehouses agreed; he recalls their reaction as: “Absolutely. It sounds too good to be true.”⁠[1][2]

His co-founder is Jacob Boudreau, the chief technology officer. TechCrunchTechCrunchTechCrunch is an American technology news outlet founded in 2005 by Michael Arrington and Keith Teare and headquartered in San Francisco; it mainly covers technology companies, startups, and venture capital, and hosts events such as TechCrunch Disrupt. Its ownership passed successively through AOL, Verizon, and Yahoo, and in 2025 Regent announced its acquisition.Open the full entry writes that the two met while he was attending Georgia Tech and Jacob Boudreau was taking online classes at Arizona State while running a software development firm in Atlanta. A Georgia Tech article states that they launched Stord through Georgia Tech’s CREATE-X program, and Tech Square ATL likewise writes that Stord emerged from Georgia Tech’s CREATE-X incubator in 2015.⁠[7][8][9]

Transport Topics writes in 2018 that the two were 18 when they started and first developed a mobile app to help consumers find storage facilities; Hypepotamus writes in 2017 that the company first set out to enter the $163 billion storage industry with a storage listing app. On the founding year, Stord’s website, a 2019 Transport Topics article, Georgia Tech, a 2018 Forbes JAPAN article and the editor’s note of a 2026 Entrepreneur article give 2015 (the editor’s note adds that both were then students at Georgia Tech), while a 2019 Hypepotamus article gives 2016 and says that both were still in their teens.⁠[10][11][12][13][5][14][2][15]

In July 2016 Stord received its first outside investment, from the Dynamo Accelerator and Fund in Chattanooga, TennesseeTennesseeTennessee is a U.S. state in the southeast-central United States, with its capital at Nashville. It was admitted to the Union on June 1, 1796, as the 16th state, and the 2020 census (April 1, 2020) counted 6,910,840 residents.Open the full entry; FreightWaves’ speaker biography says he was part of the 2016 cohort of the Dynamo Accelerator Fund. Hypepotamus writes that in its first month at Dynamo the team broke down its progress and analyzed which parts of the business had worked, and mentors helped it see the warehousing problems faced by executives at GE, UPS and Ryder and that it was well positioned to disrupt warehousing; the original consumer storage model was viable but offered little added value, and the company was thought of as just another storage company, so the team changed its business model, although it was already profitable, from a storage listing app to a warehousing liaison.⁠[11][6]

He said that the pivot was a hard decision and that the team weighed three things: impact on the market, customer need, and what the company could do better than anyone else. Transport Topics writes that after meeting business advisers in a Dynamo-sponsored mentoring program, the two shifted to software that helps shippers manage inventory through a network of independent warehouses and distribution centers.⁠[11][10]

In December 2016 Stord closed a larger round led by the Atlanta investor Chris Klaus, whom the team had met through Startup Summer at Georgia Tech; a 2019 Georgia Tech article likewise says that he met Chris Klaus at Georgia Tech. By February 2017 Stord had raised just under $250,000 in angel and pre-seed funding; Forbes JAPAN writes in 2018 that the company had got by on about $230,000 since its founding in 2015.⁠[11][8][14]

Hypepotamus writes on February 7, 2017, that Stord matched warehouses that had unused capacity with small businesses and handled everything on the customer side, from inventory management to billing; the company earned a margin of 10 to 15 percent on each transaction, and typical contracts ranged from $5,000 to $15,000 in monthly recurring revenue. Hypepotamus’ articles of 2020 and 2021 date Stord’s move into warehouse logistics to 2017.⁠[11][16][17]

He was still a Georgia Tech student at the time; he scheduled his classes early in the morning and worked at the company for the rest of the day, and said that the team regularly worked more than 40 hours a week. Georgia Tech, he said, supported the company through ATDC courses in Tech Square, networking with other student founders who had succeeded while at Tech, the Startup Summer class, and places such as ATDC, Switchyards, TSL and the Garage, where he met mentors and advisors.⁠[11]

In a profile of December 2017, Scheller College called him a Dean’s Scholar and third-year undergraduate business student and wrote that he had been named to ForbesForbesForbes is an American business media brand that began with Forbes magazine, founded by B.C. Forbes in 1917. It is known for rankings such as the Forbes 400, the World’s Billionaires list and 30 Under 30, and operates Forbes.com, ForbesLive events and licensed editions in 81 countries. Since 2014 a majority stake has been held by the Hong Kong investment group Integrated Whale Media; a 2021 plan to list on the New York Stock Exchange through a special purpose acquisition company was terminated in 2022. It is headquartered in Jersey City, New Jersey.Open the full entry’ 2018 30 Under 30 list for Manufacturing and Industry and to Inc. magazine’s 2017 list of 50 Young Entrepreneurs, and ranked in the top 30 of Inc.’s America’s Top Emerging Companies of 2017. “We want to transform global warehousing and distribution,” he said at the time. The profile adds that he planned to take operations and supply chain management classes in his junior and senior years, and that Stord’s offices were down the street from Scheller College.⁠[4][18]

Stord’s news release of December 2019 and a 2018 Forbes JAPAN article both state that he and Jacob Boudreau were both named to Forbes’ 2018 30 Under 30 list.⁠[19][14]

On April 18, 2018, Stord closed a $2.4 million seed round. Forbes JAPAN writes that he was 21 when he completed the round, about when his university classmates were finishing their junior year, and that Jacob Boudreau was 20; Stord did not own warehouses but developed software connecting companies with on-demand warehouses, tracking available space in warehouses across the country, including towns of about 6,000 people, so that customers could have local distribution points without owning warehouses; the company was based in Atlanta, a growing logistics hub, rather than in a city where traditional investors cluster. Its seed investors included Revolution’s Rise of the Rest Seed Fund (launched in 2017 by Steve Case, Jeff BezosJeff BezosJeff Bezos is an American entrepreneur and investor who founded Amazon in 1994, led it as chief executive for many years, and became its executive chair in 2021. He also founded the spaceflight company Blue Origin, bought The Washington Post in 2013, and set up philanthropic funds including the Bezos Earth Fund.Open the full entry, Howard Schultz and others to invest up to $1 million in companies outside Silicon Valley), Susa Ventures, Dynamo and Engage. JD VanceJD VanceJD Vance (born 1984) is an American politician and author, a Republican who served as a U.S. senator from Ohio and has been the 50th vice president of the United States since 2025.Open the full entry, the fund’s managing partner and author of Hillbilly Elegy, judged that Stord could succeed through customer relationships and software without holding physical assets. The article puts Stord’s 2017 revenue at nearly $1 million, with more than $4 million expected for 2018, and its staff at seven.⁠[14]

Transport Topics writes that the round was led by Dynamo, with Susa Ventures, Rise of the Rest, Engage Ventures and Chris Klaus, founder of Internet Security Systems, among the other investors; Ted Alling, a Dynamo partner, said: “Sean and Jacob have proven their mettle from day zero.” A Scheller College article calls him a Dean’s Scholar and undergraduate business student writes that Stord pairs excess capacity in third-party facilities with businesses, and quotes him: “We provide instant access to warehouses and supply chains on a consolidated dashboard.”⁠[10][18]

On the size of the seed round, a 2019 Transport Topics article gives $2.6 million and says the money came from the venture capitalist Tom Noonan. Hypepotamus writes in 2019 that Stord had five employees at the start of 2018.⁠[13][15]

In April 2019 Stord announced its Series A round. Hypepotamus writes that it raised $12.3 million, led by Kleiner Perkins, with the existing investors Susa Ventures and Dynamo participating along with Adam Ghetti, founder of Ionic Security, Service Provider Capital and Tom Noonan of TechOperators, and that Kleiner Perkins partner Ilya Fushman joined Stord’s board. Transport Topics, on April 11, 2019, gives $12.4 million and names investors including Tom Noonan, Chris Klaus, Dynamo, Rise of the Rest Fund and Engage Ventures; TechCrunch also writes in 2021 that Kleiner Perkins led Stord’s $12.4 million Series A in 2019.⁠[15][13][7]

He said that Stord had to pair high-growth technology with stable logistics experience for its customers, and that Kleiner Perkins “aligns with our enterprise clients.” Hypepotamus writes that Stord landed enterprises with small purchases and expanded from there, growing its existing customers’ business by more than 2,000 percent in 2018; that it aggregated independent warehouse operators as a universal backend giving businesses a nationwide network, and called its model “networked distribution.” The article states that its clients included more than five Fortune 500 and two Fortune 100 companies and that it had moved into freight by integrating with truck tracking software; Stord’s own figures put revenue growth at tenfold over the previous year and that headcount had risen from five at the start of 2018 to 30, with a move to a Midtown office and plans to hire 50 more that year, mainly in technology and product. He said that the company had significant runway, but with large clients in the pipeline and growing demand it wanted to move faster.⁠[15]

Transport Topics writes that Tom Noonan announced a follow-on investment in a statement the previous December, alongside which Stord announced plans to double its headcount to meet demand for its software and services; it adds that the two met at the Georgia Institute of Technology and started Stord in 2015, and that the Dynamo incubator in Chattanooga, Tennessee, helped Stord develop its product and test ideas with local transportation companies.⁠[13]

In an article of May 1, 2019, Georgia Tech still calls him an undergraduate and Dean’s Scholar at the Scheller College of Business and writes that Stord, which had announced a $12.3 million round in early April, planned to expand its warehousing and transportation network and hire more than 50 people over the following year. The article states that he had been named to Supply & Demand Chain Executive’s Pros to Know list, and that in 2019 Stord was named one of the Technology Association of Georgia’s Top 10 Most Innovative Companies, placed on Atlanta Inno’s 50 on Fire list, and ranked by the Atlanta Business Chronicle as the 13th fastest-growing company, with a Pacesetter Award. Karthik Ramachandran, associate professor of operations management and sustainability, said: “As a faculty member associated with both CREATE-X and Scheller, I am doubly proud of Sean.”⁠[8]

On July 10, 2019, the Thiel Foundation announced its 2019 class of 22 Thiel Fellows, and he was among them. The announcement gives him as from Atlanta, Georgia, working in logistics technology on STORD, which it describes as offering networked, flexible, on-demand warehousing, freight and software services to shorten transit times and optimize supply chains. The announcement states that the Thiel FellowshipThiel FellowshipThe Thiel Fellowship is a two-year grant program started by investor Peter Thiel and run by the Thiel Foundation that funds young people who skip or stop out of college to build new things instead. The program has been criticized by figures in education for encouraging young people to leave college.Open the full entry, launched in 2011, supports young people who start companies instead of attending college, and that fellows receive $100,000 over the two-year program, along with mentorship from the Thiel Foundation’s network of technology founders, investors and scientists.⁠[20]

Scheller College’s 2025 profile writes that in his first weeks of class he registered the business, built a pitch deck and applied for the Thiel Fellowship; the fellowship requires leaving school, and he left before learning whether he had been accepted. After a difficult semester, the profile continues, he explained to Craig Womack that he could not manage both school and his growing business, and Craig Womack encouraged him to pursue entrepreneurship and said that he could reapply later. In his essay he recalls that early on it was hard to convince people to work for a 19-year-old still taking classes, and hard to raise money; one angel investor’s response was: “Well, if I give you $200,000, I don’t know why the company’s worth any more than $200,000.” He then dropped out of college, he says: “I became a Thiel Fellow and went all-in on Stord.”⁠[1][2]

Stord’s website and FreightWaves’ speaker biography both state that he is a Thiel Fellow.⁠[12][6]

On December 3, 2019, Stord announced that he and Jacob Boudreau had been named All-Star Alumni in the Manufacturing and Industry category of Forbes’ 2020 30 Under 30 list. The release states that since 2018 the company had raised a $12.3 million Series A, grown its team by more than 152 percent in 2019, moved out of a coworking space into the Historic Biltmore, and was adding new team members and industry leaders.⁠[19]

Stord’s website biography and a 2022 Georgia Tech article instead say that he was named to the 2019 Forbes 30 Under 30 list.⁠[12][5]

TechCrunch writes that Stord launched its software business in January 2020 and grew it by 900 percent that year, making it one of its fastest-growing units, and that companies could buy the software to get the same visibility into their own logistics; “We built software to run our logistics and network of hundreds of warehouses,” he said. Stord grew by more than 300 percent in 2020, its third straight year at that rate, and expected to do so again in 2021.⁠[7]

Hypepotamus writes that during 2020 Stord built out its software, added freight and last-mile logistics, expanded into e-commerce fulfillment and, in the summer, acquired Cove Logistics of Missouri; over the year its team grew from 40 to 125 people and its shipment volume rose by 15,000 percent. “2020 was a critical year for supply chains,” he said, as pandemic disruption and rising e-commerce volume pushed brands to look for cost-effective, quick and agile ways to reach customers.⁠[16]

In December 2020 Stord announced a $31 million Series B round led by Founders FundFounders FundFounders Fund is a venture capital firm founded in San Francisco in 2005 by Peter Thiel and his former PayPal colleagues Ken Howery and Luke Nosek. Run by partners who were entrepreneurs themselves, it argues that founders should keep more control and is known for betting on difficult technology projects in areas such as space, defense, and artificial intelligence. It was Palantir’s first institutional investor, has invested in SpaceX many times since 2008, and its other notable investments include Facebook, Airbnb, Stripe, and Anduril; as of March 2026 it had raised nine early-stage funds and four growth funds.Open the full entry, with Dynamo, Kleiner Perkins, Susa Ventures, Good Friends Fund and B-Capital participating. Hypepotamus writes that Stord, headquartered in Midtown Atlanta, had built a “Cloud Supply Chain” and distribution network; that it got its start in Dynamo Ventures’ accelerator program in Chattanooga, with Dynamo’s Santosh Sankar saying, “We were the first check investor in Stord”; and that the company had about 50 open positions, mostly in Atlanta. In a statement on Stord’s blog he said that giants such as Amazon had built their logistics networks in-house while the average brand struggled to compete, and that “our mission is to provide our best-in-class logistics network and software to shippers,” helping them “build fast, scalable, technology-driven supply chains” at a fraction of the cost and in less time than building them on their own.⁠[16]

On September 14, 2021, Stord announced a $90 million Series D round led by Kleiner Perkins at a post-money valuation of $1.125 billion, more than double the $510 million valuation of its $65 million Series C about six months earlier. TechCrunch writes that this was Stord’s third raise since December 2020, bringing its funding since its founding in 2015 to $205 million; the other investors included Lux CapitalLux CapitalLux Capital is a U.S. venture capital firm founded in 2000 by Peter Hébert, Josh Wolfe and Robert Paull, with offices in New York and Silicon Valley. Focused on emerging science and technology, the firm backs companies in fields including life sciences, artificial intelligence, robotics, manufacturing, aerospace and defense through fund investments and by helping to found companies.Open the full entry, D1 Capital, Palm Tree Crew, BOND, Dynamo Ventures, Founders Fund, Lineage Logistics and Susa Ventures, and the individual investors included Michael Rubin (Fanatics, GSI Commerce), Thrasio CEO Carlos Cashman, Instacart co-founder Max MullenMax MullenMax Mullen is an entrepreneur and angel investor, one of the three co-founders of the online grocery delivery platform Instacart, who has invested as an angel in the business payments platform Routable.Open the full entry and Stripe chief product officer Will GaybrickWill GaybrickWill Gaybrick is a president of the payments company Stripe, which he joined in 2015 as its first chief financial officer after serving as a general partner at the venture firm Thrive Capital.Open the full entry; earlier backers included BoxGroup, Susa Ventures, Dynamo, Revolution and Rise of the Rest Seed Fund, among others. Hypepotamus dates the Series C to the third quarter of 2021, gives the valuation after the Series D as $1.1 billion, and writes that investors approached Stord about both rounds.⁠[7][17]

TechCrunch writes that he was 24 and Jacob Boudreau 23 at the time, and that each had dropped out of his school to focus on growing the business; Ilya Fushman, a Kleiner Perkins partner and Stord board director, said that he had shown “amazing maturity and vision” when Kleiner Perkins first invested in 2019. Tech Square ATL writes that in 2021 Stord became the fifth Atlanta startup to reach a $1 billion valuation. Stord’s website biography states that in 2021 Forbes recognized him as the youngest CEO of a $1 billion-plus company; a Georgia Tech article gives the youngest CEO of a $1 billion-plus private company.⁠[7][9][12][5]

TechCrunch writes that about two months before the funding announcement Stord opened a 386,000-square-foot fulfillment center in Atlanta with warehouse robotics and automation; “It was the first time we were in a building ourselves running it end to end,” he said. Hypepotamus writes that more customers expanding into omnichannel fulfillment and wanting to use Stord’s fulfillment and distribution centers led to Stord’s first Fulfillment Center and Innovation Hub, which opened earlier that month; the 386,000-square-foot facility uses robotic fulfillment technology developed in partnership with Locus Robotics, a MassachusettsMassachusettsMassachusetts (officially the Commonwealth of Massachusetts) is a state in the New England region of the northeastern United States; its capital and largest city is Boston. One of the original 13 states, it ratified the U.S. Constitution on February 6, 1788, the sixth state to do so. Its population in the 2020 census (April 1, 2020) was 7,029,917.Open the full entry company backed by Tiger Global Management.⁠[7][17]

Alongside the Series D, Stord acquired Fulfillment Works, a 22-year-old ConnecticutConnecticutConnecticut is a U.S. state in the New England region. Its capital is Hartford and its largest city is Bridgeport (2010 census). It entered the Union on January 9, 1788, as the 5th state, and had a population of 3,605,944 in the 2020 census (April 1, 2020).Open the full entry company experienced in direct-to-consumer fulfillment, for an undisclosed price; TechCrunch writes that Fulfillment Works had warehouses in NevadaNevadaNevada is a state in the western United States bordered by Oregon, Idaho, Utah, Arizona, and California; its capital is Carson City. It was admitted to the Union on October 31, 1864, as the 36th state, and its population in the 2020 census (April 1, 2020) was 3,104,614.Open the full entry and Connecticut and that Stord thereby had more first-party warehouses and a network of more than 400 warehouse partners and 15,000 carriers. Hypepotamus writes that Fulfillment Works’ co-founder and CEO, Amy Cooper, joined Stord as head of accounts and operations; he said that its more than 20 years of consumer e-commerce experience would inform Stord’s operations, and: “It’s different to run a third-party network than be the one running the building yourself.”⁠[7][17]

TechCrunch writes that Stord passed $100 million in revenue in the first two quarters of 2021, that headcount grew from 160 the previous year to more than 450, including about 150 from Fulfillment Works, and that he expected the fourth quarter to be its biggest for revenue; the article states that Stord’s new sales were “up "7x" in the second quarter of 2020 compared to the same period last year,” and he said that sales were up almost 10x so far in the third quarter. “The supply chain is the new competitive battleground,” he said, and: “We want every company to have world-class, Prime-like supply chains.” Stord guaranteed two-day shipping anywhere in the United StatesUnited StatesThe United States is a federal country in North America made up of 50 states, the District of Columbia as the seat of government, and territories such as Puerto Rico and Guam; its capital is Washington, D.C. The Continental Congress adopted the Declaration of Independence on July 4, 1776. The 2020 census (April 1, 2020) counted a resident population of 331,449,281, and the 435 seats of the House of Representatives are apportioned among the states on the basis of the census.Open the full entry. He said that Stord was the only end-to-end logistics network combining physical infrastructure with software, one reason Kleiner Perkins increased its investment; Ilya Fushman described Stord as a “plug and play” provider that spares retailers and merchants from building their own warehouses and logistics platforms. Hypepotamus writes that, in his words, companies adopted Stord for agile capacity across their logistics networks when the pandemic started, and that calls now came from chief digital officers and chief transformation officers, not just chief supply chain officers; Stord’s customers included Dollar GeneralDollar GeneralDollar General is a U.S. discount retailer whose origins date to 1939. Headquartered in Goodlettsville, Tennessee, it operates neighborhood stores and several retail formats selling food, everyday necessities and household merchandise.Open the full entry and The Home DepotThe Home DepotThe Home Depot, Inc. is an American home improvement retailer, the world’s largest by net sales for fiscal 2025, headquartered in Atlanta, Georgia.Open the full entry. Pointing to Atlanta companies such as ISS, Manhattan Associates and Mailchimp, he said: “We wouldn’t be here without the Atlanta ecosystem.”⁠[7][17]

On May 10, 2022, Stord announced an additional $120 million of Series D financing, bringing the round to $210 million and valuing the company at $1.3 billion. The extension was led by Franklin TempletonFranklin TempletonFranklin Templeton is a global asset management company headquartered in San Mateo, California, United States. Founded in New York in 1947, its parent company is listed on the New York Stock Exchange (ticker: BEN), and it had approximately $1.83 trillion in assets under management at the end of August 2026. The company has pursued digital assets since 2018, launched FOBXX (BENJI), a U.S. government money fund that records shares on a blockchain, in 2021, and in 2026 established Franklin Crypto, a dedicated crypto asset management division.Open the full entry, with Sozo Ventures, Strike Capital and 137 Ventures137 Ventures137 Ventures is a San Francisco-based technology investment firm supporting growth-stage businesses through shareholder liquidity solutions and direct equity investments.Open the full entry as new investors and the existing investors Kleiner Perkins, Founders Fund, BOND, Susa Ventures, Dynamo Ventures, Lux Capital and Salesforce VenturesSalesforce VenturesSalesforce Ventures is Salesforce’s corporate venture capital arm. Active since 2009, it backs companies from seed through growth across enterprise software, cloud infrastructure, data, security and AI. Salesforce supplies all of its capital.Open the full entry taking part. Tech Square ATL writes that this brought Stord’s total funding to $325 million.⁠[21][9]

He said that supply chains had become “the new competitive differentiator for brands,” and: “With Stord, companies never have to worry about their logistics again.” FreightWaves writes that over the previous six months Stord had grown from 400 to more than 700 employees and expected to end 2022 with more than 1,000; its network had more than 1,000 facilities, and brands including Thrasio, Native, Tula, JUDY, Curie and One Fresh Pillow had joined; it had hired Steve Swan, formerly of Amazon, as chief operating officer, Shyam Sundar, formerly of Amazon, Zendesk and Mapbox, as vice president of engineering, Sarah Feulner, formerly of Bumble, as vice president of people, Mark Satisky, formerly of NCR, as vice president of corporate development, and Mario Paganini, formerly of Shippo, as vice president of marketing.⁠[21]

Salesforce Ventures’ portfolio page lists Stord, stating that it was founded in 2015, is headquartered in Atlanta and is private, with him as founder and CEO and Jacob Boudreau as co-founder and CTO; the page says that Stord “is pioneering Cloud Supply Chain,” letting businesses run physical logistics across freight, warehousing and fulfillment with modern cloud software.⁠[22]

Tech Square ATL writes that Startup Exchange, a longtime student partner of Tech Square, invited him on October 19 to The Clubhouse to describe his startup story and the founding of Stord, in a discussion led by Isaac Altman, the group’s development lead; it covered how he got into startups, how he built the relationships that helped the business succeed, Stord’s current challenges and where he saw the company going, and ended with questions and networking.⁠[9]

On December 17, 2022, he addressed bachelor’s graduates at Georgia Tech’s Fall 2022 Bachelor’s Commencement Ceremony at Bobby Dodd Stadium. Georgia Tech’s announcement states that Stord’s mission was to make supply chains a competitive advantage for brands of all sizes, combining a nationwide logistics network with advanced technology for fast delivery, and that it had raised more than $300 million in venture capital and employed more than 500 people. Fortune also writes in 2025 that he dropped out of Georgia Tech, later gave its commencement speech, and that the school is among his investors.⁠[5][3]

FreightWaves writes that in 2024 Stord acquired ProPack Logistics and Pitney Bowes’ e-commerce fulfillment unit; Supply Chain Dive writes that Stord bought a KentuckyKentuckyKentucky is a U.S. state bordered by Illinois, Indiana and Ohio to the north, West Virginia and Virginia to the east, Tennessee to the south and Missouri to the west; its capital is Frankfort and its largest city is Louisville. It entered the Union on June 1, 1792, as the 15th state and the first state west of the Appalachian Mountains, and had a population of 4,505,836 in the 2020 census (April 1, 2020).Open the full entry fulfillment center from Pitney Bowes.⁠[23][24]

On May 16, 2025, Fortune carried the news that Stord had raised an $80 million Series E at a $1.5 billion valuation, up from $1.3 billion in its 2022 round; the round was led by Strike Capital, with Baillie GiffordBaillie GiffordBaillie Gifford is an investment management firm headquartered in Edinburgh, Scotland, with a history dating to 1908. It is owned and operated by its working partners. Its businesses cover equities, fixed income, multi-asset and private growth investments, with a focus on holding growth companies for the long term.Open the full entry, NewView Capital, G Squared and the Georgia Tech Foundation as new investors and the existing investors Kleiner Perkins, Franklin Templeton, Founders Fund, Bond and Lux Capital also taking part. Stord also raised $120 million in debt led by SVB and ORIX. FreightWaves, in 2026, describes this financing as more than $200 million in Series E funding at a $1.5 billion valuation.⁠[3][25]

Fortune writes that Stord provides fulfillment, warehousing and supply chain software that helps businesses run and scale their own online operations, with more than 500 mid-market customers including AG1, Goodr, Proactiv, Native, Quip and True Classic, and that it is building its business in Atlanta to narrow the gap between brands and Amazon. He said that in 2021 investors had questioned whether such companies were subsidizing fast delivery with venture money, and that Stord was now ten times bigger than in 2021, growing faster and profitable; Stord says that it has stayed profitable since its 2022 round and has grown revenue by 450 percent, though it did not disclose revenue. He said that the debt raise reflected the company’s scale and profitability, and that the company already had a strong balance sheet but wanted one suited to a long-term public company that can compound for decades. He said that he was not a fan of tariffs but that they had been a “big tailwind” for Stord, and that crises such as COVID, a war and the UPS and Canada Post strikes had driven rapid growth. The article writes that True Classic, a men’s T-shirt retailer, had to move inventory from Mexico to the United States after tariff changes; other logistics firms quoted six to eight months, and Stord did it in 18 days.⁠[3]

Fortune also writes that a person familiar with the matter said Stord was in advanced acquisition talks to expand its scale and network; Stord declined to comment on specific targets or plans.⁠[3]

A week after the Series E, Stord acquired Ware2Go, an on-demand warehousing and fulfillment network, from UPS for an undisclosed amount. FreightWaves writes in October 2026 that the acquisition added 21 e-commerce warehouses and about 2.5 million square feet of storage; Supply Chain Dive describes Ware2Go as a UPS subsidiary providing direct-to-consumer and business-to-business fulfillment.⁠[25][23][24]

On October 13, 2025, Scheller College published a profile of him describing Stord as an omnichannel fulfillment and software company that powered more than $10 billion in commerce a year, with more than 1,500 employees and a $1.5 billion valuation; he said that he hoped Stord could “earn the right to be a public company” in the next few years. The profile writes that early on a global logistics company withdrew an investment in Stord in order to build a competing product; he responded by moving faster and staying closer to customers, and he says that Stord grew to five times the size of that division and took it over from them.⁠[1]

FreightWaves writes in January 2026 that Stord had announced the previous month plans to invest $40 million over the next decade to expand and modernize its shipping center in Hebron, Kentucky, and that it had recently acquired Penny Black, a UK-based SaaS company offering personalized post-purchase inserts.⁠[25]

On January 5, 2026, FreightWaves wrote that Stord had bought the e-commerce fulfillment platform Shipwire from its parent, CEVA Logistics, on undisclosed terms. The deal added 12 fulfillment centers, AI technology and access to CEVA Logistics’ network of about 1,000 warehouses, mainly expanding Stord’s presence in the United States and adding warehouses in Europe, the UK and Asia; Shipwire’s technology division, which builds interfaces to marketplaces and is deploying AI, was to help upgrade Stord’s order management system. The article states that this was Stord’s fifth acquisition and that Stord then ran 11 major fulfillment hubs in 13 buildings, including sites in the UK and the Netherlands, and that, by Stord’s account, it had delivered more than 30 million packages the previous year, reaching about 11.5 percent of U.S. homes. “By acquiring Shipwire, Stord is even better positioned to help brands of all sizes deliver unparalleled consumer experiences,” he said.⁠[25]

The article also gives outside estimates: the database GetLatka puts Stord’s 2025 revenue at $147 million, and Evan Armstrong, a logistics industry analyst and CEO of Armstrong & Associates, estimates that Stord’s valuation is probably closer to $2.3 billion and its EBITDA (earnings before interest, taxes, depreciation and amortization) probably about $28 million, and ranks Stord at about 75th in the country by warehouse space under direct management. These figures are estimates that Stord has not confirmed.⁠[25]

On April 16, 2026, Kleiner Perkins released an episode of its Grit series hosted by Joubin Mirzadegan, with the Kleiner Perkins partner Ilya Fushman joining, and with him as the guest. The episode description states that Stord runs a national fulfillment network moving 50 million packages a year and reaching 15 percent of U.S. households, and uses AI to connect warehouses, middle-mile routes and delivery promises into one smart system, with the goal of giving every brand “an Amazon Prime-like advantage.”⁠[26]

On May 26, 2026, Stord announced a Series F round of nearly $250 million at a $3 billion valuation, led by existing investors, with participants including Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond and Lux. In the release he says that Stord exists to “level that playing field” and to give independent brands “the complete commerce stack.” The release states that Stord’s revenue had grown more than tenfold over the previous four years, that its software business had tripled in 2025 and its software bookings had more than doubled quarter over quarter in the first quarter of 2026; that it handled more than $15 billion in annual gross merchandise value for more than 1,000 customers, including AG1, True Classic, Goodr, Jolie, Native and Fatty15, generated 8 billion data points a year, and had packages reaching nearly one in four U.S. households; that it had nearly 100 fulfillment locations, about 20 operated by Stord and about 80 partner sites; that it had completed eight acquisitions; and that its team numbered more than 4,000, over 200 of them in software engineering, product, data science and physical infrastructure.⁠[27]

The release adds that Stord had set up Stord Labs, a physical intelligence lab at its Atlanta headquarters that validates agentic AI, robotics and automation against real orders before deploying them across its nearly 100 facilities, with the aim of consumer experiences that “surpass Prime”; that the company’s growth accelerated in 2023, about six months after ChatGPTChatGPTChatGPT is a generative AI assistant launched by OpenAI on November 30, 2022. Through websites and applications, it provides conversation, writing, coding, search, file analysis, and image and voice interaction. It evolved from a free research preview into personal, enterprise and education plans, gradually adding deep research, Study mode and cross-application task execution. Its use has prompted continuing discussions about factual accuracy, personal privacy, copyright, education and teen safety.Open the full entry launched; and that Kleiner Perkins first backed Stord in 2019. SiliconANGLE writes that Stord’s annual revenue had grown tenfold over the past three years to nearly $1 billion, with the software business growing faster and bookings doubling in the first quarter, and that its network of nearly 100 U.S. warehouses allowed two-day delivery, alongside a “retail consolidation” service that combines several suppliers’ goods on one truck and the software product Stord One Commerce; in a blog post he wrote: “Stord extends across every consumer touchpoint, pre-purchase through post-delivery.”⁠[27][28]

On July 28, 2026, Entrepreneur published a first-person article based on a conversation with him. The editor’s note states that Stord is a commerce enablement platform for independent brands competing with Amazon, that it delivered to nearly 20 percent of U.S. households in 2025, and that it manages nearly $15 billion in annual gross merchandise value for brands including AG1, True Classic, Native and Seed Health; in the body of the article he says that Stord powers deliveries to over a fourth of U.S. households, about $17 billion of commerce, and that it expects almost $1 billion in revenue that year.⁠[2]

In the article he compares delivery performance: a typical brand takes 4 to 7 days at $12 to $15, Amazon 1 to 1.5 days at $4 to $5, and Stord 2 to 3 days at $5 to $6. He says that a typical brand has one or two facilities while Amazon has hundreds, and that fragmented technology sometimes delayed a brand’s fulfillment decision by up to 12 hours; the hardest task in building the company, he says, has been combining software and operations cultures, hiring product managers and engineers alongside industrial engineers and fulfillment center associates.⁠[2]

On October 8, 2026, Stord announced that it had closed a $400 million credit facility led by Citi, with Morgan StanleyMorgan StanleyMorgan Stanley is an American global financial services firm that grew from an investment banking partnership into a publicly traded financial group spanning investment banking, securities trading, wealth management, and investment management.Open the full entry, JPMorganJPMorgan Chase & Co.JPMorgan Chase & Co. is a financial holding company headquartered in New York that operates investment banking, consumer and small business financial services, commercial banking, financial transaction processing and asset management under its J.P. Morgan and Chase brands; its roots trace back to the Manhattan Company of 1799.Open the full entry, First CitizensFirst CitizensFirst Citizens Bank is a bank headquartered in Raleigh, North Carolina, United States. Its legal name is First-Citizens Bank & Trust Company, and its parent is the publicly traded First Citizens BancShares. Founded as Bank of Smithfield in 1898, it provides personal and business banking, commercial finance, wealth management and innovation banking. Its national expansion included the CIT merger and acquisition of former Silicon Valley Bank operations.Open the full entry, Citizens and KeyBank participating; FreightWaves writes that the facility was oversubscribed and closed at nearly double its original target, that the earlier Series F had been led by Strike Capital, and that Stord put its 2026 equity and credit capacity at $650 million in total. He said that the facility, together with the Series F, gave Stord “the balance sheet to match the scale, potential, and impact of what we’re building,” and called the new lenders and executives “a vote of confidence in the foundation we’ve created at Stord.” Stord also hired Bill Zerella as chief financial officer and Mark Wayland as chief revenue officer: Bill Zerella had led finance at three companies and taken all three to public markets, including Fitbit’s 2015 IPO, and was most recently CFO of ACV Auctions; Mark Wayland was most recently chief revenue officer at BoxBoxBox is an American enterprise software company founded in 2005 by Aaron Levie, Dylan Smith and others, headquartered in Redwood City, California. It provides cloud content management, file sharing, collaboration, e-signature and AI content-processing tools, and went public on the New York Stock Exchange in 2015 under the ticker BOX.Open the full entry, held the same title at Tanium before that, and spent more than a decade at SalesforceSalesforceSalesforce is a U.S. enterprise software company headquartered in San Francisco, providing cloud applications, data platforms and AI agent tools centered on customer relationship management (CRM).Open the full entry, rising to senior vice president of Marketing Cloud.⁠[23]

FreightWaves writes that Stord said its revenue run-rate was approaching $1 billion after tenfold growth over four years, that it operated nearly 100 fulfillment locations worldwide for more than 1,000 brands, processed more than $15 billion in gross merchandise volume a year, and had packages reaching one in four U.S. households each year; he said that the company had grown materially since its May raise; Stord is privately held and did not disclose revenue or profit. He said that Stord would “expand our fulfillment network, accelerate our deployment of robotics” and “invest aggressively in AI through Stord Labs.”⁠[23]

On October 21, 2026, Stord announced the acquisition of the third-party logistics company AMS Fulfillment for an undisclosed price. Supply Chain Dive writes that AMS handles more than 10 million orders a year for premium brands in beauty, wellness and direct-to-consumer markets, that Stord calls the deal its largest acquisition to date, and that it added about 1 million square feet of space in key East Coast and West Coast hubs, with AMS locations in Southern CaliforniaCaliforniaCalifornia is a U.S. state on the Pacific coast; its capital is Sacramento and its largest city is Los Angeles. California was admitted to the Union on September 9, 1850, as the 31st state. Its population at the 2020 Census (April 1, 2020) was 39,538,223, the largest of any state.Open the full entry, PennsylvaniaPennsylvaniaPennsylvania (officially the Commonwealth of Pennsylvania) is a Middle Atlantic state of the United States; its capital is Harrisburg, and Philadelphia and Pittsburgh are its two great metropolitan areas. One of the original 13 states, it ratified the U.S. Constitution on December 12, 1787, the second state to do so. Its population in the 2020 census (April 1, 2020) was 13,002,700.Open the full entry and DelawareDelawareDelaware is a U.S. state in the Mid-Atlantic region on the East Coast, with its capital at Dover and Wilmington as its largest city. On December 7, 1787, it became the first state to ratify the U.S. Constitution, entering the Union as the 1st state, and it had a population of 989,948 in the 2020 census (April 1, 2020).Open the full entry; the month before, AMS had acquired Vox Fulfillment, an e-commerce fulfillment provider with more than 200,000 square feet of warehouse space in Provo, UtahUtahUtah is a U.S. state bordered by Idaho to the north, Wyoming to the northeast, Colorado to the east, Arizona to the south and Nevada to the west, with its capital at Salt Lake City. It was admitted to the Union on January 4, 1896, as the 45th state, and the 2020 census (April 1, 2020) counted 3,271,616 residents.Open the full entry. “AMS further accelerates our scale, while bringing some of the most discerning brands in the industry onto our platform,” he said, and: “In commerce, scale drives lower costs, faster speeds, and more trust with consumers—powering Stord’s flywheel.”⁠[24]

Supply Chain Dive adds that Stord had taken over a Dallas fulfillment center previously run by Quiet Logistics, a company owned by American Eagle Outfitters that shut down earlier that year; that Stord has locations in TexasTexasTexas is a U.S. state in the south-central United States, with its capital at Austin and its largest city Houston. It was admitted to the Union on December 29, 1845, as the 28th state, and the 2020 census (April 1, 2020) counted 29,145,505 residents.Open the full entry, Georgia, Canada and the UK and processes more than $15 billion in gross merchandise value a year for more than 1,000 brands; and that its Stord Parcel service weighs each package’s characteristics to choose the most cost-effective delivery option that meets a shipper’s speed requirements.⁠[24]

As of November 2026, the leadership section of Stord’s website lists him as co-founder and CEO of Stord, “The Consumer Experience Company,” and Jacob Boudreau as co-founder and CTO. The website biography states that he co-founded Stord with Jacob Boudreau after running e-commerce businesses and working at an automotive manufacturer in Germany, and says that Stord levels the playing field for brands of all sizes with commerce enablement tools and AI solutions. The investor logos on the site include Kleiner Perkins, FT Global, Bond, Founders Fund, D1, Dynamo, Lineage, Lux, Salesforce and Susa.⁠[12]

Scheller College’s 2025 profile lists the lessons he draws from building the company: the value of a technical co-founder, not fearing competitors, and building something large and impactful. He puts customers’ needs ahead of his own or investors’ preferences and holds that successful founders are “problem-obsessed, not solution-obsessed”; his message to aspiring founders: “Why not you?”⁠[1]

In the Entrepreneur article he says that consumers want faster, cheaper online shopping everywhere, that this is a very big problem and that the hard part is to figure out one’s “wedge” into the value chain; he sees the opportunity of the next decade in using AI to make every worker faster, not just engineers, and holds that warehouse automation and software should improve employees’ quality of life rather than remove people from warehouses. Decisions, labor and deliveries, he says, are the highest costs and the biggest drivers of speed and service, and AI is now driving decisions; where older warehouse robots can stall on unfamiliar items, “agentic robotics” can resolve deviations from the normal process themselves; Stord Labs, Stord’s physical intelligence lab in Atlanta, trains AI and robotics on live orders and works with leading robotics and frontier model companies. Having improved things for brands, he says, the next step is that “we’re really going to change the lives of the consumers.”⁠[2]

Scheller College’s 2025 profile writes that he has invested in more than 20 early-stage startups, looking for founders he calls “unstoppable”; he invests to offer advice and open doors, and says: “I don’t even think about returns when I invest.”⁠[1]

Stord: Official website: https://www.stord.com/ (opens in a new window).⁠[12]

Thiel Fellowship: Official website: https://thielfellowship.org/ (opens in a new window).⁠[29]

X: Public account: https://x.com/seanhenryatl (opens in a new window).⁠[26]

LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/in/shenry96/ (opens in a new window).⁠[12][6][26]