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Exclusive: Stord raises $200 million in equity and debt to empower brands competing with Amazon

Fortune LogoFortune20h ago

Exclusive: Stord raises $200 million in equity and debt to empower brands competing with Amazon - Fortune

Quick Summary:

Stord, now valued at $1.5 billion, has raised $80 million in equity and $120 million in debt, Fortune has exclusively learned.

We were looking at it as we’re already in a good position… But let’s build the best balance sheet for the company we’re creating long-term, which is generational public business that can compound for decades.

Chad Brinton, head of operations at True Classic, said via email that he believes the company’s supply chain is “now more resilient to future policy changes.


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Article Details

Author / Journalist: Allie Garfinkle

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 11:28:35 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 897 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 225 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28745151

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About Fortune

Fortune Logo

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 55 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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  • URL: https://petrogale.beamstart.com/news/exclusive-stord-raises-200-million-17473954885124

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