Stord. Cloud supply chain

Stord is a cloud-based supply chain and logistics platform that helps businesses manage their warehousing, transportation, and fulfillment operations. Here are some facts about Stord:

1. **Founded in 2015**: Stord was founded by Sean Henry and Jacob Boudreau in Atlanta, Georgia. The company started with a focus on providing on-demand warehousing solutions.

2. **Cloud Supply Chain**: Stord is often referred to as the “Cloud Supply Chain” because it leverages cloud technology to integrate and optimize various aspects of the supply chain, making it more flexible and scalable.

3. **Warehouse Network**: Stord has built a vast network of warehouses across the United States. This network allows businesses to store their products closer to their customers, reducing shipping times and costs.

4. **Tech-Driven Solutions**: Stord uses advanced technology, including data analytics and machine learning, to optimize inventory management, demand forecasting, and transportation routing.

5. **Partnerships**: Stord has partnered with major logistics providers and technology companies to offer a comprehensive suite of services, including freight forwarding, last-mile delivery, and inventory management.

6. **Funding and Valuation**: Stord has raised significant funding from venture capital firms. As of its Series D funding round in 2021, the company was valued at over $1 billion, making it a unicorn in the logistics tech space.

7. **Customer-Centric Approach**: Stord focuses on providing a seamless and customer-centric experience. Its platform is designed to be user-friendly, allowing businesses to easily manage their supply chain operations from a single interface.

8. **Sustainability Initiatives**: Stord is committed to sustainability and is working on initiatives to reduce the environmental impact of logistics operations. This includes optimizing transportation routes to minimize fuel consumption and partnering with eco-friendly warehouses.

9. **Rapid Growth**: Stord has experienced rapid growth since its inception, expanding its services and customer base significantly. This growth is driven by the increasing demand for flexible and scalable supply chain solutions.

10. **Industry Recognition**: Stord has been recognized by various industry publications and awards for its innovative approach to supply chain management. It has been featured in Forbes, TechCrunch, and other major media outlets.

These facts highlight Stord’s innovative approach to modernizing and optimizing supply chain and logistics operations.