Stord Reaches $1.3 Billion Valuation
Stord offers supply-chain services including freight, warehousing and fulfillment in an integrated platform.
While I have never worked with Stord personally, the company looks like a hybrid of an asset-light and an asset-heavy approach. Almost a cross between Deliverr and Shipbob.
I’m not surprised that there continues to be heavy investment in the supply chain space, there is still room for quite a bit of innovation. With a declining market, I see consolidation more in our future than continued growth in warehouse space.
The Wall Street Journal: Supply-Chain Startup Stord Reaches $1.3 Billion Valuation