Stord secures $400M credit facility to expand fulfillment and AI

Atlanta-based Stord announced on October 8, 2026, a $400 million credit facility led by Citi with Morgan Stanley and JPMorgan. The funds will expand its fulfillment network, robotics deployment and AI work at Stord Labs; revenue is approaching a $1 billion run-rate.

• The $400M credit facility closed oversubscribed at nearly double the target
• Stord has raised $650M in equity and credit capacity in 2026 alone
• Revenue is approaching $1B run-rate, up 10x over four years
• Bill Zerella joins as CFO and Mark Wayland as CRO