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Stord Raises $120 Million as Brands Embrace Cloud Supply Chain to Replace Legacy Logistics Solutions and Disconnected Technologies

/PRNewswire/ Stord, the cloud supply chain leader, announced today that it has raised an additional $120 million in Series D financing led by Franklin.

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Stord Raises $120M in Series D Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

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Stord Passes $1B Mark, Acquires Network Assets - Multichannel Merchant

Stord Passes $1B Mark, Acquires Network Assets - Multichannel Merchant
multichannelmerchant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multichannelmerchant.com Daily Mail and Mail on Sunday newspapers.

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Shippo Raises $45M In New Round - Multichannel Merchant

Shippo Raises $45M In New Round February 26, 2021 Shippo, a shipping software platform provider, has raised $45 million in a new funding round, with plans to invest in product and engineering teams as well as exploring ways to extend its technology into the pre- and post-purchase realms to increase the value and stickiness of its offering. The company has also doubled its valuation in the past year to nearly $500 million – half a unicorn – as well as doubling its revenue, for which gross postage volume (GPM) is a rough correlate. Shippo says it has more than 110,000 merchant clients. “Merchants need to keep up with Amazon’s shipping speed, infrastructure, and consumer experience,” said Shippo co-founder Laura Behrens Wu in a blog post on the new funding. “The goal is to set a new bar for SMB shipping for everyone who’s not Amazon.”

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