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. The mission? Empower modern shippers to move products brilliantly. By the next year, they had completed a 3-month program for logistics startups through the Dynamo Accelerator in Chattanooga, where they partnered with top shippers to hone in on the market's most critical unmet needs and refine their business strategy.
Over the next year, the STORD team landed on Inc. Magazine’s Top Emerging Entrepreneurs list and Forbes’ 30 Under 30 list, and earned recognition from the prestigious Kairos Society. In April 2018, STORD raised $2.4M in seed funding, emerging as a disruptive force in supply chain technology. The round was led by Susa Ventures and Dynamo, with investments from Atlanta’s own Chris Klaus and Engage Ventures, as well as the iconic Rise of the Rest Seed Fund. Over the last year, STORD experienced significant growth, shipping more than $200M in product monthly, increasing revenue 9.5x, and creating dozens of new tech jobs in Atlanta.
In April 2019, STORD secured $12.3M Series A to officially launch Networked Distribution — their new model and a new category of warehousing and distribution. Leading the funding round was Kleiner Perkins, a top VC with a long history of partnering with founders to help them build long-term, multi-billion-dollar technology companies, including Amazon, Google, Twitter, and Spotify. Also participating in the round were logistics-tech firm Dynamo and Susa Ventures, among other investors. Over the next year, STORD plans to aggressively expand its warehousing and transportation network, boost platform innovation, and hire more than 50 new team members.