New York, NY – ORIX Corporation USA’s (“OCU”) Growth Capital business today announced it has successfully closed a growth debt financing facility for Stord, a commerce-enablement leader providing high-volume fulfillment services and e-commerce technology for omnichannel brands. The financing was completed in partnership with Silicon Valley Bank alongside the close of the company’s Series E equity fundraise led by Strike Capital and participation from existing investors Kleiner Perkins, Franklin Templeton, Founders Fund, Bond, Sozo, 137, and Lux.
“Stord has built a leading, end-to-end platform enabling e-commerce business to manage fulfillment and logistics efficiently and reliably, scaling to over $6 billion of deliveries and reaching 11.5% of US households,” said Benjamin Wu, Head of East Coast and Managing Director of OCU’s Growth Capital business. “We are pleased to provide growth capital as a long-term partner to support Stord’s market leadership and continued growth.”
“At Stord we are ambitious in everything we do – from our mission to our growth goals – we strive to accomplish big things,” said Sean Henry, CEO and co-founder of Stord. “Having ORIX USA’s Growth Capital team behind us allows us to more confidently attack these ambitions and help more brands deliver the best consumer experience on every order at scale. With ORIX USA’s support we can focus on both increasing our market leadership while propelling our tactical acquisitions strategy.”
Since inception in 2001, ORIX USA’s Growth Capital business has provided $2.7 billion in funding to over 200 companies with customized equity and debt solutions.
ABOUT ORIX CORPORATION USA
Established in the U.S. in 1981, ORIX USA has grown organically and through acquisition into the investment and asset management firm we are today. With a specialization in private credit, real estate, and private equity solutions for middle-market focused borrowers and investors, we combine our robust balance sheet with funds from third-party investors, providing a strong alignment of interest. ORIX USA and its subsidiaries — ORIX Advisers, ORIX Capital Partners, Signal Peak Capital Management, Boston Financial, Lument, Real Estate Capital and NXT Capital— have approximately 1300 employees across the U.S. and have $89.8 billion in assets*, which includes $39.6 billion in assets and commitments, in addition to $50.2 billion in servicing and administering assets, as of March 2025. Our parent company, ORIX Corporation, is a publicly owned international financial services company with operations in 30 countries and regions worldwide. ORIX Corporation is listed on the Tokyo Stock Exchange (8591) and New York Stock Exchange (IX).
*As of March 31, 2025. Includes $50.2 billion in servicing and administering assets, in addition to $39.6 billion in funded assets and unfunded commitments across proprietary capital, third party capital and strategic partners investing in ORIX USA’s private credit, real estate and private equity businesses. Unfunded commitments are based on a contractual commitment or an expected commitment for an established program based on ORIX USA Group’s understanding.
ABOUT STORD
Stord is the leading commerce enablement provider of fulfillment services and technology that powers seamless checkout and delivery experiences for high-volume mid-market and enterprise brands across all channels. Stord manages over $6 billion of commerce annually through its fulfillment, warehousing, transportation, and operator-built software suite including OMS, Pre- and Post-Purchase, and WMS platforms. With Stord, brands can sell more, save money, and reduce headaches.
With Stord, brands can increase cart conversion, improve unit economics, and drive customer loyalty. Stord’s end-to-end commerce solutions combine best-in-class omnichannel fulfillment and shipping with leading technology to ensure fast shipping, reliable delivery promises, easy access to more channels, and improved margins on every order.
Hundreds of leading DTC and B2B companies like AG1, Native, Tula, American Giant, and more trust Stord to make their supply chains a competitive advantage. Stord is headquartered in Atlanta with facilities across the United States, Canada, and Europe. Stord is backed by top-tier investors including Kleiner Perkins, Franklin Templeton, Founders Fund, and Salesforce Ventures.