Franklin Templeton led a $120m Series D round in Stord.

Franklin Templeton, an American multinational holding company, led a $120m Series D round in Stord, a cloud supply chain firm, with participation from Sozo Ventures, Strike Capital, 137 Ventures, Kleiner Perkins, Founders Fund, BOND, Susa Ventures, Dynamo Ventures, Lux Capital and Salesforce Ventures. "Supply chains have become the new competitive differentiator for brands. Online consumer expectations, combined with recent supply chain disruptions, labor shortages and logistics issues are forcing companies to reevaluate, prioritize and reinvest in their supply chains. With Stord, companies never have to worry about their logistics again," Sean Henry, Stord CEO.