Atlanta-based STORD Inc., a supply chain startup that connects customers with available warehousing and distribution, has raised $12.4 million, according to a filing with the SEC.
Last year, the startup raised $2.4 million in funding, bringing their total raised to $14.8 million.
CEO Sean Henry and CTO Jacob Boudreau founded STORD in 2015 through the CREATE-X program – an entrepreneurial program at Georgia Tech that enables students to create real startups and take them to market.
The mission of STORD is to build a global distribution network that brings cost savings and technology to warehousing. STORD works with a network of third-party warehouses to enable efficient, low-cost warehousing.
Previous investors in the company include Tom Noonan and Chris Klaus, Susa Ventures, Dynamo, Rise of the Rest Fund and Engage Ventures.
