GetSTORD, an Atlanta-based logistics company, has raised $200 million in a recent funding round, bringing its total funding to $525 million and valuing the company at $1.5 billion. The company has maintained sustained profitability since 2024. Investors including Lux Capital, Rise of Rest, and Susa Ventures have backed GetSTORD, with some involved since the seed round in 2018. The funding round included both equity and debt financing. Separately, another company named Owner announced a $120 million Series C funding round, reaching a valuation above $1 billion. Owner was originally created by 17-year-old Adam Guild to assist his mother in managing her small business and has since expanded to support thousands of restaurants.
Congrats to Lux fam co @GetSTORD on this major milestone! https://t.co/IAnZMnI39C
1/ @GetSTORD just announced a $200 million raise, bringing their total funding to $525 million and valuing the company at $1.5 billion. The funding is notable, but the operational progress behind it is what stands out.
We’re thrilled for @owner as they announce their $120M Series C and officially join the unicorn club at a $1B+ valuation! 🦄 What began as a tool built by 17-year-old @adamguild to help his mom run her small business has now become a movement, empowering thousands of restaurant https://t.co/kOLWIKAXhx