Keep pulling the thread on Sean Henry.
In the last year, Stord generated new booked revenue equivalent to 25 times its sales and marketing spend.
Stord exceeded its Q1 sales targets by nearly 3x, following four previous consecutive quarters of beating sales targets.
Stord's logistics network handled 1% of all e-commerce volume in the US during the most recent Black Friday Cyber Monday shopping period.
Stord's platform currently processes over $5 billion in gross merchandise value (GMV) annually.
Stord raised a $200 million Series E funding round.
Stord raised a Series D-2 extension round approximately three to four months after its initial Series D round, which was led by Kleiner Perkins.
Stord has achieved profitability by operating with capital discipline despite having a large amount of cash on its balance sheet.
Stord conducted a workforce reduction one to two months after announcing a large funding round to align with a new strategy focused on capital efficiency.
Stord's package delivery volume is projected to grow from 2-3 million in 2021 to nearly 50 million in the current year.
Over the last three to four years, Stord has improved its delivery speed by almost three days and reduced its cost per unit by 30-40%.
Stord has raised a total of $400 million in funding and has consumed less than half of it.
Stord is currently shipping packages to over 15% of US households annually.