Tech Company Financing Transactions
STORD Funding Round
Citibank, Citizens Capital and First Citizens Bank invested in a $400 million funding round for STORD. The round closed on 10/8/2026.
Transaction Overview
Company Name
Announced On
10/8/2026
Transaction Type
Debt
Amount
$400,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expand its fulfillment network, accelerate the automation and robotics work underway at Stord Labs, and deepen the commerce software and AI features for brands.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
817 W. Peachtree St. NW 200
Atlanta, GA 30308
USA
Atlanta, GA 30308
USA
Phone
Website
Email Address
Overview
As a Georgia Tech student, Sean Henry worked at a global manufacturer, where he witnessed how extreme fragmentation is a barrier to supply chain optimization. Stemming from this experience, Sean founded STORD in late 2015 and teamed up with co-founder Jacob Boudreau in early 2016.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sean Henry
Chief Technical Officer
Jacob Boudreau
Controller
Emerson Newsome
VP - Customer Service
Scott Arogeti
VP - Marketing
Emily Gay
VP - Operations
Joey Gracek
VP - Sales
Justin Turner
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